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 ]
The Uncensored Library — Reporters Without Borders built a library in Minecraft, in which you can read banned books. (via Gizmodo) Shmoocon 2020 Talk Recordings — everything from email addresses to Verilog by way of Zero Trust, social media, and choose-your-own-adventure ransomware. Differential... Continue reading at O'Reilly Radar
[ O'Reilly Radar | 2020-03-16 12:07:03 UTC ]
More news stories like this
How one school librarian has addressed fake news in his curriculum -- and how it can be replicated. Continue reading at Book Riot
[ Book Riot | 2020-03-15 10:31:27 UTC ]
More news stories like this
Help build the libraries of schools around the country by donating a few bucks to these DonorsChoose projects. Continue reading at Book Riot
[ Book Riot | 2020-03-13 10:40:37 UTC ]
More news stories like this
This morning, both the Chief Librarian of the Brooklyn Public Library and the President of the New York Public Library released statements announcing that they would be cancelling public library programs for the rest of March, in an effort to limit the spread of COVID-19 and encourage social... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-12 16:51:47 UTC ]
More news stories like this
I draw, write, speak about, teach, facilitate and organise events about comics. After graduating with a degree in Social Anthropology from the University of Sussex, I attended art college and worked as a freelance illustrator. In 2008, I began to incorporate comics into my practice. I also... Continue reading at British Council global
[ British Council global | 2020-03-11 13:11:13 UTC ]
More news stories like this
The use of libraries for community activities rather than just as a repository for books has led to a fall in their use rather than an increase, according to a new report by campaigner Tim Coates. Continue reading at The Bookseller
[ The Bookseller | 2020-03-10 22:33:22 UTC ]
More news stories like this
Quibi, the new short-form video streaming service led by Meg Whitman and Jeffrey Katzenberg, has released a list of 51 shows that will be available when it launches next month. Quibi plans to offer 175 original shows and 8,500 short-form episodes called “quick bites” within its first year. When... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-03-10 11:05:18 UTC ]
More news stories like this
MLflow — an open source platform to manage the ML lifecycle, including experimentation, reproducibility, and deployment. It currently offers three components: tracking, projects, and models. Eventing Facets (Tim Bray) — the word “eventing” makes my skin crawl, but this series of posts has A+... Continue reading at O'Reilly Radar
[ O'Reilly Radar | 2020-03-10 04:01:00 UTC ]
More news stories like this
Simon Savidge has left his role at Liverpool Libraries to take charge of logistics for the BBC’s Novels That Shaped Our World libraries events programme. Continue reading at The Bookseller
[ The Bookseller | 2020-03-09 06:33:08 UTC ]
More news stories like this
How J. Edgar Hoover used the power of libraries for (gasp!) evil. | Lit Hub History “Mechanical travel blunts our sense of the world.” On the reverie and detachment of the American road trip. | Lit Hub Travel On the magic sentences of Lauren Groff, creating action without verbs. | Lit... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-07 12:30:11 UTC ]
More news stories like this
Adobe has released a new Gmail add-on to make it easier for Creative Cloud users to share their work over email. The plugin allows you to attach synced files, libraries or mobile creations you have stored on your Creative Cloud account as links. Continue reading at Engadget
[ Engadget | 2020-03-05 18:10:00 UTC ]
More news stories like this
Once a revered political figure the public looked to for advice on everything from crime to child rearing, J. Edgar Hoover—the former director of the FBI from its inception in 1935 to his death in 1972—is now known as a bigot who abused his power to squash progressive causes and spy on political... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-04 09:48:43 UTC ]
More news stories like this
This week, the ongoing protests in India in response to Prime Minister Narendra Modi’s controversial new citizenship law, which discriminates against Indian Muslims, have intensified and turned violent. But one bright spot is the fact that, as Maroosha Muzaffar reports at Ozy, some volunteers... Continue reading at Literrary Hub
[ Literrary Hub | 2020-02-26 16:11:24 UTC ]
More news stories like this
Taking a look at some of the world's most innovative libraries and library projects as a way of looking toward the future of these important institutions. Continue reading at Book Riot
[ Book Riot | 2020-02-26 11:38:35 UTC ]
More news stories like this
How a career in libraries is paying dividends for PW columnist Sari Feldman in her new role—grandmother. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
More news stories like this
As a girl, the author of “Wild” and “Tiny Beautiful Things” spent hours studying Scholastic book club catalogs. But “my family was too poor to pay for the books,” she says. Continue reading at The New York Times
[ The New York Times | 2020-02-18 15:29:22 UTC ]
More news stories like this
Libraries across Southern California are aiming to serve the immigrant readers of rapidly changing cities by purchasing books in a variety of languages. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-02-17 13:00:04 UTC ]
More news stories like this
Bradford Council has reversed planned £1.05m cuts to its libraries but says some services could still be moved to other buildings in a bid to make them financially viable. Continue reading at The Bookseller
[ The Bookseller | 2020-02-16 18:54:07 UTC ]
More news stories like this
As we all know, there is only one Valentine and it is every book. Luckily, Harrison Ford talking about how great libraries are is an acceptable human Valentine proxy for all books. Why—besides the fact that you can’t spell”Harrison Ford, you irascible Jedi” without “Library”—is Ford making PSAs... Continue reading at Literrary Hub
[ Literrary Hub | 2020-02-14 14:17:02 UTC ]
More news stories like this
Do some good and help these classrooms build inclusive libraries by donating or spreading the word about their projects. Continue reading at Book Riot
[ Book Riot | 2020-02-14 11:41:33 UTC ]
More news stories like this