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 ]
In considering whether staff are being protected as libraries reopen during the pandemic, we take a look at some Arizona libraries. Continue reading at Book Riot
[ Book Riot | 2020-08-18 10:35:00 UTC ]
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When you love libraries and love stickers, you best swag up with these library stickers. Continue reading at Book Riot
[ Book Riot | 2020-08-12 10:32:00 UTC ]
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To celebrate the New York Public Library turning 125(!), the Hudson Park branch asked New York City-based artist Nick Golebiewski to paint the libraries of lower Manhattan. (My personal favorite? The Jefferson Market Library, which is just a short walk from our office. I miss it so!) If you too... Continue reading at Literrary Hub
[ Literrary Hub | 2020-08-11 17:37:54 UTC ]
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Researchers found troubling bugs in open-source libraries used by financial institutions. Continue reading at Wired
[ Wired | 2020-08-09 11:00:00 UTC ]
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Behold the frescoed ceilings, marble floors, and centuries-old majesty of these monastic libraries around the world. Continue reading at Book Riot
[ Book Riot | 2020-08-06 10:37:00 UTC ]
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The NYC plan to provide education to 1 million students in the fall includes creating 100,000 "learning lab" seats in libraries and other community spaces. Continue reading at Book Riot
[ Book Riot | 2020-08-05 10:33:00 UTC ]
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Terms of sale first enacted in March to help librarians during the Covid-19 crisis will now run through the end of the year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-03 04:00:00 UTC ]
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Canadian librarians push back against a recently published editorial arguing that public libraries are "a net harm" to literature. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-31 04:00:00 UTC ]
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Libraries in Medellín, Colombia, help overcome pandemic-induced isolation with “Love in the Time of Coronavirus,” an anonymous letter-writing program. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2020-07-30 14:08:32 UTC ]
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Libraries in Medellín, Colombia, help overcome pandemic-induced isolation with “Love in the Time of Coronavirus,” an anonymous letter-writing program. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2020-07-30 14:08:32 UTC ]
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Libraries in Medellín, Colombia, help overcome pandemic-induced isolation with “Love in the Time of Coronavirus,” an anonymous letter-writing program. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2020-07-30 14:08:00 UTC ]
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There are 22 libraries in the world with a whopping 15 million items catalogued. Here are ten of the world's biggest - with a few facts and some pictures. Continue reading at Book Riot
[ Book Riot | 2020-07-27 10:30:43 UTC ]
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Hampshire County Council has revealed it intends to close eight of its 48 council-run libraries and reduce the opening hours of those remaining by an average of 20%. Continue reading at The Bookseller
[ The Bookseller | 2020-07-20 14:34:26 UTC ]
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Quaranzines collecting people’s quarantine experiences are growing in popularity, and provide important information, and libraries are noticing. Continue reading at Book Riot
[ Book Riot | 2020-07-20 10:30:51 UTC ]
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The program was first announced in March to encourage digital read-aloud sessions for libraries and schools forced to close by the novel coronavirus outbreak. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-20 04:00:00 UTC ]
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With the August recess looming and a second round of coronavirus relief in the works, $2 billion in funding for libraries hangs in the balance. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-17 04:00:00 UTC ]
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Taking a look at some of the helpers who are turning their Little Free Libraries into Little Free Pantries to help neighbors in need during the pandemic. Continue reading at Book Riot
[ Book Riot | 2020-07-15 10:32:56 UTC ]
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Werner Herzog did it with Grizzly Man, Adam McKay did it with Vice – from archival libraries to old film canisters from charity shops, the past is waiting to be brought to lifeA child sits on a rock ledge buckling his shoe. The camera zooms towards a mysterious dark shape behind him as the boy... Continue reading at The Guardian
[ The Guardian | 2020-07-03 09:00:16 UTC ]
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Buzzy original series may drive attention to streaming services, but the bulk of most major streamers' programming catalogs are their libraries of licensed TV shows. And those licensed titles often account for the highest-quality content available on the service, according to data from streaming... Continue reading at AdWeek
[ AdWeek | 2020-07-02 10:30:51 UTC ]
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Drew and Christopher chat with Hilary Leichter in three different Damn Libraries for another first of its kind digital episode—our first Zoom guest! We discuss Hilary’s novel Temporary which leads to talk about things like gig work, her love of pirates, and how the book started as a short story.... Continue reading at Literrary Hub
[ Literrary Hub | 2020-06-26 09:33:39 UTC ]
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