This webinar is for experienced legal administrators and facilities managers
Who need to understand what’s happening right now
that affects legal office space.
It contains expert-level knowledge and concrete ideas that you can put to work today.
Experienced administrators who need to know how to communicate effectively with management about real estate trends and realities, so they don’t blow their opportunity
Isolate perimeter vs. interior No natural light/no community space Excess space in core Empty workstations
Relationship between space and money is direct. % savings match % RSF reduction. 33% less space results in 33% less cost. The size of the opportunity is a function of lease rate and space reduction. However reducing space to save money may not necessarily maximize Profits Per Partner (PPP). If productivity suffers, cost savings are wiped out.
What % drop in productivity would wipe out $33,000 in cost savings? -1.7%
How about the flip side. What if space improvements could increase productivity? What are the potential benefits in terms of PPP