"For the first time in three years, more law firms are planning to expand their office footprint, rather than contract, according to a new report from commercial real estate brokerage CBRE."
"Last year, 28% of firms surveyed said they expect to expand their office footprint, an increase from 16% in 2024."
"The survey found that 51% of responding firms have adopted a 'primarily in-office attendance policy,' which is often three or more days of in-person work."
"Some key findings include a desire by firms to push for more in-office attendance and a belief that attracting talent and workplace experience are more important goals than cost reduction."
The legal industry is experiencing growth in office space expansion, with 28% of firms planning to increase their footprint, up from 16% in 2024. The trend shows a decrease in firms planning to reduce office space, from 32% to 26%. A significant number of firms are adopting in-office attendance policies, with 51% implementing a primarily in-office model. The focus is shifting towards attracting talent and enhancing workplace experience rather than merely reducing costs, indicating a stabilization in hybrid work practices.
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