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 ]
If you search for translated books all of them won’t come up in a library catalogue search. Continue reading at The Conversation
[ The Conversation | 2024-06-11 17:09:25 UTC ]
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Amid ongoing attacks on libraries and the freedom to read, a strong professional program and an excellent slate of speakers will showcase the power of libraries. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-10 04:00:00 UTC ]
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It's a book in a library that helps a young girl break free of the repressive and conservative world her parents raise her in. Continue reading at Book Riot
[ Book Riot | 2024-06-07 12:00:00 UTC ]
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Comics Plus and other digital lending platforms are a growing area for the discovery and circulation of graphic novels in libraries. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-07 04:00:00 UTC ]
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Which of these easy ways to support our libraries are you knocking off the list first? Continue reading at Book Riot
[ Book Riot | 2024-06-05 11:30:00 UTC ]
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As Qualcomm-powered Windows on Arm PCs begin appearing here at Computex, ushering in a generation of AI-infused Copilot+ laptops, it seemed appropriate to interview a major player in the push. No, not Qualcomm. (We’ve already spoken to them.) Instead, I mean Arm, the semiconductor... Continue reading at PC World
[ PC World | 2024-06-03 18:35:42 UTC ]
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I spent a few days in DC over the long weekend for a wedding. Walking around leafy and well-appointed Capital Hill, I overheard a conversation between two older folks, as their dogs warily sniffed each other, about how people were taking and selling books from the little free libraries around... Continue reading at Literrary Hub
[ Literrary Hub | 2024-05-30 18:46:20 UTC ]
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Last week, Sony published a seemingly innocuous round of interviews that centered the company’s nebulous “creative entertainment vision”. Neil Druckmann, head of the Sony-owned game studio Naughty Dog, was one of those — but his interview wasn’t quite what it seemed. Druckmann, who headed the... Continue reading at Engadget
[ Engadget | 2024-05-30 11:15:49 UTC ]
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Arm has confirmed that it will be offering its next-gen Arm compute platform, called Arm CSS for Client, at Android smartphones. Executives also mentioned that they could be used for PCs as well. The announcement follows an earlier report that indicated that Arm might expand its... Continue reading at PC World
[ PC World | 2024-05-29 22:44:57 UTC ]
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If you couldn't access the Internet Archive and its Wayback Machine over the past few days, that's because the website has been under attack. In fact, the nonprofit organization has announced that it's currently in its "third day of warding off an intermittent DDoS cyber-attack" in a blog post.... Continue reading at Engadget
[ Engadget | 2024-05-29 03:59:50 UTC ]
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Disney's logo and branding are a tale as old as time--but even classic stories need a new chapter every now and again. In March, Disney+ unveiled its full Hulu integration for bundle subscribers, combining the Disney+ and Hulu libraries in one application. This came with... Continue reading at AdWeek
[ AdWeek | 2024-05-28 10:00:00 UTC ]
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Today is a double anniversary in New York City. On May 23, 1845, the New York Police Department was founded, and 50 years later on May 23, 1895, the New York Public Library was established. Today, over a century and a half later, these two city institutions are not getting equal slices of their... Continue reading at Literrary Hub
[ Literrary Hub | 2024-05-23 16:59:57 UTC ]
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Microsoft Surface was the brand of devices Microsoft launched to lead the way into the PC market, showing its PC partners what could work in new categories of devices. Now it’s evolving into a new generation, led by AI and Copilot+ laptops. So what does this mean for Microsoft, Surface,... Continue reading at PC World
[ PC World | 2024-05-23 14:14:58 UTC ]
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House Bill 4567 expands protections for libraries and library workers by making those threaten libraries with violence subject to the same enhanced penalties as individuals who threaten schools. The measure also creates a grant program to support improved library security. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-23 04:00:00 UTC ]
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Want to know what the best youth poets in America are thinking? Literary Hub is pleased to exclusively share a poem, collaboratively written by Scholastic’s 2023 National Student Poets, along with new data from the Scholastic Kids & Family Reading Report™ that underscores the importance of... Continue reading at Literrary Hub
[ Literrary Hub | 2024-05-21 14:00:54 UTC ]
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Donnelly Public Library will be for adults only beginning July 1, as a result of a bill in the state that would allow parents to sue libraries with "inappropriate material." Continue reading at Book Riot
[ Book Riot | 2024-05-20 15:07:54 UTC ]
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Far from making programmers an endangered species, AI will release them from the grunt work that stifles innovationWhen digital computers were invented, the first task was to instruct them to do what we wanted. The problem was that the machines didn’t understand English – they only knew ones and... Continue reading at The Guardian
[ The Guardian | 2024-05-11 15:00:29 UTC ]
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How to prepare for Pride month in the library, both as library workers and library lovers. That, plus this week's book censorship news roundup. Continue reading at Book Riot
[ Book Riot | 2024-05-10 11:30:00 UTC ]
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Among the headlines this week: John Oliver weighs in on book bans and libraries (and so do his viewers); more library drama in Alabama; and how to prepare for Pride month. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-10 04:00:00 UTC ]
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Mayor Eric Adams’ administration is mounting a push for state lawmakers to pass a set of bills loosening some of the rules that govern the city’s notoriously slow capital process, which city leaders say would allow major projects to get done more quickly and cheaply.The city needs permission... Continue reading at Crains New York
[ Crains New York | 2024-05-09 10:03:04 UTC ]
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