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 ]
Three libraries, including two major metropolitan downtown facilities, have seen vandalism related to voter intimidation in the last two weeks. Continue reading at Book Riot
[ Book Riot | 2020-11-02 11:35:00 UTC ]
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Take a virtual tour of some of the world's most haunted libraries, and learn the history behind the hauntings of these bookish spaces. Continue reading at Book Riot
[ Book Riot | 2020-11-02 11:30:00 UTC ]
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Foster Huntington’s follow-up to “Van Life” is a both a celebration and a cautionary tale. Continue reading at The Washington Post
[ The Washington Post | 2020-10-30 13:00:00 UTC ]
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With the election days away, this is the perfect time to remember that public libraries exist in a political as well as a civic space. In this episode, hosts David Lankes and Nicole Cooke talk to John Chrastka, head of EveryLibrary, the country’s only political action committee for libraries,... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-30 04:00:00 UTC ]
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Brooklyn’s Greenpoint library and environmental education center, by Marble Fairbanks and Scape, points to a climate-literate future. Here’s how. I have spent a lot of time in libraries in my day. But not one like this.Read Full Story Continue reading at Fast Company
[ Fast Company | 2020-10-23 12:15:29 UTC ]
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Six years after moving to D.C. and deciding it's not for me, there’s still something holding me back from leaving: the libraries. Continue reading at Book Riot
[ Book Riot | 2020-10-19 10:30:00 UTC ]
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David McKee’s now-revered picture book Tusk Tusk was once banned in a number of libraries in the UK, the illustrator said after celebrating winning this year’s BookTrust Lifetime Achievement Award. Continue reading at The Bookseller
[ The Bookseller | 2020-10-18 16:44:34 UTC ]
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Each week 'The Skillset Podcast' will illuminate the complex issues facing libraries and other key institutions in these unprecedented times. Episode One, available now, features hosts David Lankes and Nicole Cooke in discussion with Tamara King, Head of Community Engagement at the Richland... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-16 04:00:00 UTC ]
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Getting an MLIS to work in libraries while working a full time job can be challenging, and this librarian shares her experience. Continue reading at Book Riot
[ Book Riot | 2020-10-12 10:30:00 UTC ]
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The anxiety that libraries can sometimes give me is of a cosmic nature, for something ineffable affects my sense of self when I realize that the majority of human interaction, expression, and creativity shall forever be unavailable to me. The post A Fraternity of Dreamers appeared first on The... Continue reading at The Millions
[ The Millions | 2020-10-09 10:00:48 UTC ]
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In the wake of the pandemic, can publishers and libraries finally hash out their differences? Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-09 04:00:00 UTC ]
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This librarian has seen some truly creative ideas for how libraries hype books virtually, and she's here to share the wealth. Continue reading at Book Riot
[ Book Riot | 2020-10-05 10:30:00 UTC ]
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Libraries Week kicks off today (5th October), featuring behind the scenes looks at authors' bookshelves, a nationwide live reading of The Midnight Library by author Matt Haig (Canongate) and the launch of a Bonnier book club. Continue reading at The Bookseller
[ The Bookseller | 2020-10-05 05:45:33 UTC ]
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Syncing with Google Drive is one of the easiest ways to safeguard your data. And you can even specify how much of your internet connection’s bandwidth to use. As our digital libraries get larger and larger, we’re fortunate to be living in a time when cloud-based storage keeps getting cheaper and... Continue reading at Fast Company
[ Fast Company | 2020-10-01 00:00:11 UTC ]
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A new monthly book club and greater outreach to public and school libraries are among the World Book Day plans for 2021, the charity’s c.e.o. has revealed at this year’s Bookseller Children’s Conference. Continue reading at The Bookseller
[ The Bookseller | 2020-09-28 19:52:05 UTC ]
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Dan Gretton offers a cautionary tale of bureaucratic slaughter past and present. Continue reading at The Washington Post
[ The Washington Post | 2020-09-25 12:00:00 UTC ]
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With a shift to online resources well underway, “the most trusted civic institutions” are in a good position to deal with the changing future. Continue reading at The New York Times
[ The New York Times | 2020-09-24 09:00:14 UTC ]
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One reader on finding solace and sanctuary in college libraries as a transfer student. Continue reading at Book Riot
[ Book Riot | 2020-09-17 10:39:00 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 | 2020-09-15 10:35:00 UTC ]
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A new partnership with Poisoned Pen Press brings the prolific and popular author’s horror novels to bookstores and libraries everywhere. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-09-14 04:00:00 UTC ]
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