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 ]
Readers worldwide borrowed some 430 million e-books, audiobooks and digital magazines in the past 12 months, a hefty 33% increase over 2019, OverDrive officials reported, based on data drawn from some 65,000 libraries and schools worldwide. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-07 05:00:00 UTC ]
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Take a book, give a book. Learn more about Little Free Libraries and how they're making appearances across all seven continents. Continue reading at Book Riot
[ Book Riot | 2021-01-04 11:37:00 UTC ]
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The results of the AIE's fifth annual #IoLeggoPerché book donation program for schools and libraries surprised organizers with 300,000 books. The post Italy’s Fifth ‘Why I Read’ Campaign Generates Broad-Based Response appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-01-04 09:46:32 UTC ]
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In a year dominated by a global pandemic and American politics, some might find it fitting that the library book most likely to be checked out across Ontario was a hopeful memoir written by the former first lady of the United States. Continue reading at CBC
[ CBC | 2020-12-31 09:00:00 UTC ]
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A reader on saying goodbye not only to the books she can't bring on the next phase of her journey, but to her roomie, her sister. Continue reading at Book Riot
[ Book Riot | 2020-12-30 11:31:00 UTC ]
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WHEN I WAS growing up in San Francisco in the 1960s and ’70s, I read every baseball book on the shelves of the libraries of my grammar school, junior high, and high school and the local branches of the public library. I absorbed them the way a nine-year-old immigrant might take in a new... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2020-12-27 13:30:28 UTC ]
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Want a Little Free Library or lending library for your home? Here are 17 awesome Little Free Libraries to buy right now. - Kelly Jensen Continue reading at Book Riot
[ Book Riot | 2020-12-23 11:32:00 UTC ]
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Six libraries through history which have been destroyed and the history behind them. Continue reading at Book Riot
[ Book Riot | 2020-12-21 11:33:00 UTC ]
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It’s largely accepted as a truism that libraries connect and work together—interlibrary loan, consortia, union catalogs. However, working together and connecting is not a simple task. Add in different histories, cultures, languages, political systems and you begin to get a sense of what... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-12-11 05:00:00 UTC ]
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On Late Night with Seth Meyers this week, Slave Play and Daddy playwright Jeremy O. Harris announced he is donating a collection of 15 plays by Black playwrights to 53 libraries and community centers across the United States—and is donating one such collection to Northwestern University in Seth... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-09 17:29:54 UTC ]
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Lack of funding for libraries is as dangerous as any conquering army in this chronicle of information destroyed throughout the ages. Continue reading at Slate
[ Slate | 2020-12-08 21:32:42 UTC ]
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Another win for technology! Library users in Okayama City are able to check out library books without fear of illness, thanks to a high-tech ultraviolet light sterilizer that cleans books thoroughly. The sterilizer also blows air on the books to clear off potential dust. Said one library-goer,... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-08 16:44:03 UTC ]
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A survey of library services shows 1.4% of staff have tested positive for Covid-19 since reopening in July, suggesting safety measures have worked, according to Libraries Connected. Continue reading at The Bookseller
[ The Bookseller | 2020-12-07 11:43:42 UTC ]
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Prince Edward Island has decided that restaurants will be shut to indoor dining, organized sports will be suspended and libraries and gyms will close for at least the next two weeks in an attempt to slow the spread of the coronavirus. Continue reading at CBC
[ CBC | 2020-12-06 22:51:28 UTC ]
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New figures show total spending on Great Britain's libraries fell by £20m in the last financial year, as Libraries Connected warned more budget reductions are on the way. Continue reading at The Bookseller
[ The Bookseller | 2020-12-04 10:12:19 UTC ]
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The two-day Frankfurt Academic Conference program looks at how publishers and libraries are managing open access and the pandemic. The post Frankfurt Academic Conference: Libraries and Publishing in Europe and the States appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-12-02 19:20:28 UTC ]
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Exactly a century after the burning of Washington another invading army encountered a library, and saw it as a perfect way to strike a blow at the heart of their enemy. This time the action would have a global impact, as the means of spreading news had been transformed in the century since the... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-02 09:48:49 UTC ]
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The interactive map features photographs of the Kindred author's book call slips, writing notebooks, personal journals and more. The post Take a Tour of Octavia Butler’s Favorite Libraries appeared first on The Millions. Continue reading at The Millions
[ The Millions | 2020-11-25 21:30:44 UTC ]
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My library is a response to the void of my parents’ house: there are traces of all the public libraries I’ve visited since childhood. Continue reading at The Paris Review
[ The Paris Review | 2020-11-25 15:50:04 UTC ]
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