In good times or hard times, lawyers always win.Revenues at the top 100 firms rose to $131 billion in 2022, the most recent year available, from $7 billion in 1986, a 19-fold increase, according to American Lawyer. Profit margins never fell below 35% in even the worst years and hit a record 45% in 2021. For comparison’s sake, Apple’s operating margin last year was 34%.Now lawyers are winning the office-space game, too: Law firms are historically reliable but not exactly sexy as office tenants, especially compared to the flashier and pricy deals in recent years signed by tech and finance companies. But several of the biggest deals over the last year involve law firms, and with Manhattan office landlords scrambling for tenants, members of the bar are enjoying their unlikely new status as belles of the ball.“It’s nice that the Knicks are good again because brokers are inviting me to all the games,” said one partner in charge of his firm’s real estate needs.Law firms typically don’t pay top-dollar rents, or seek out penthouse space, but they soak up space in the middle or lower floors of buildings, helping landlords balance their books. At 55 Hudson Yards, a 51-story tower, the top three floors are leased by hedge fund Third Point at $137 a square foot, according to KBRA data. Below that comes private equity firm Silver Lake, paying $111 per square foot under a lease inked in 2017. Next comes the law firm Milbank Tweed, which signed a lease in 2016 and pays $90 a square foot... Continue reading at 'Crains New York'
[ Crains New York | 2024-03-21 10:03:05 UTC ]
September is National Library Card Sign-Up Month! Let's take a look at some of the activities librarians have in store this month. Continue reading at Book Riot
[ Book Riot | 2021-09-08 10:32:00 UTC ]
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German publishers say that robust ebook performance last year and this year could be impacted by state-subsidized e-lending. The post Germany’s First Half of 2021: Ebook Dynamics, and Libraries appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-09-08 03:50:02 UTC ]
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The School Library Association says many of its members were furloughed and some have been made redundant but librarians have been more essential than ever Continue reading at The Bookseller
[ The Bookseller | 2021-09-03 09:36:20 UTC ]
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Libraries and publishers have much to gain by taking a more collaborative approach in the way they work with each other Continue reading at The Bookseller
[ The Bookseller | 2021-09-03 05:14:53 UTC ]
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The report, '2020 Public Library Technology Survey,' provides a current, detailed snapshot of how libraries serve as digital equity hubs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-03 04:00:00 UTC ]
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The Children’s Laureate gives an update on her Life-changing Libraries campaign to fund primary school libraries. Continue reading at The Bookseller
[ The Bookseller | 2021-09-03 01:55:45 UTC ]
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Zoey Dixon, named a Bookseller Rising Star in 2020, has been a leading light in making libraries more accessible, both before and during Covid, in her development role at Lambeth Libraries. Continue reading at The Bookseller
[ The Bookseller | 2021-09-03 01:24:28 UTC ]
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Charity Libraries Unlimited, which aims to bring libraries’ work to new audiences, has come up with an innovative way to reach potential readers at libraries across Devon. Continue reading at The Bookseller
[ The Bookseller | 2021-09-02 22:53:52 UTC ]
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Increasingly, books are something that libraries do not own but borrow from the corporations that do. Continue reading at New Yorker
[ New Yorker | 2021-09-02 10:00:00 UTC ]
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From school libraries to big city libraries and small town ones, this is one Rioter's journey through the important libraries of her life. Continue reading at Book Riot
[ Book Riot | 2021-08-30 10:39:00 UTC ]
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A new public library strategy for Scotland has been published, developed with the help of countries all over the world, including Denmark, Australia and the US, and seeking to make libraries key to helping people and their communities recover from the effects of the coronavirus pandemic. Continue reading at The Bookseller
[ The Bookseller | 2021-08-24 05:25:24 UTC ]
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Cambridge has over 100 libraries, so here are some (subjective) recommendations for the best ones to start with. Continue reading at Book Riot
[ Book Riot | 2021-08-23 10:39:00 UTC ]
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A comic art festival based in Yorkshire is encouraging the public to donate new and used comic books to its organisation, which will then distribute copies to schools and libraries. Continue reading at The Bookseller
[ The Bookseller | 2021-08-21 00:12:55 UTC ]
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Last week, Apple previewed a number of updates meant to beef up child safety features on its devices. Among them: a new technology that can scan the photos on users’ devices in order to detect child sexual abuse material (CSAM). Though the change was widely praised by some lawmakers and child... Continue reading at Engadget
[ Engadget | 2021-08-12 18:30:29 UTC ]
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Fund some classroom libraries today on DonorsChoose with the help of a boost from the Gates Foundation. Continue reading at Book Riot
[ Book Riot | 2021-08-12 10:39:00 UTC ]
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The pandemic memoir “American Crisis” has become a financial and ethical headache for Penguin Random House, dragging the company into the scandals that prompted the governor’s resignation announcement. Continue reading at The New York Times
[ The New York Times | 2021-08-10 22:21:07 UTC ]
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Most libraries are named after men, but here are 7 U.S. libraries and collections named after women that are worth celebrating. Continue reading at Book Riot
[ Book Riot | 2021-08-09 10:32:00 UTC ]
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“Congress is getting the message that libraries of all kinds are key to the vitality of communities,” said ALA president Patty Wong in a statement. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-23 04:00:00 UTC ]
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US-based book distribution service Baker & Taylor has announced it will be offering libraries a "diversity analysis tool" to help them discover, manage and report on diversity-related topics. Continue reading at The Bookseller
[ The Bookseller | 2021-07-08 00:26:16 UTC ]
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Powered by the wholesaler's collectionHQ technology, Baker & Taylor’s “Diversity Analysis” tool will help identify opportunities for libraries to evaluate their collections against industry-accepted diversity subjects. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-07 04:00:00 UTC ]
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