Report | Denver Law Firm Perspective - 2016
Dissolution and/or consolidation of companies within the energy industry has created additional space options for Denver law firms via available subleases, often priced measurably below market value. Last year’s delivery of new, top-tier construction, coupled with another 1.4 million square feet of product currently being built within the CBD, should supply multiple options for occupancy in the market’s premier locations. Recruiting and staffing often proves difficult as organic, net-new growth remains limited. “Musical chairs” is prevalent, as larger firms poach existing attorneys or teams from each other, which limits expansion.
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