Law firms are renting more space in cities like Austin, Phoenix, Dallas, Houston, St. Louis, and Orlando, with booming tech sectors and growing millennial populations, according to a new trends report by real estate and investment firm CBRE.
Legal services tend to follow businesses, and are growing fastest in these secondary market cities.
“There is clearly still growth in major gateway markets but the markets increasing their share are in secondary markets,” CBRE researcher Julie Whelan told Bloomberg Law via email.
Austin, Texas, has seen the biggest legal services growth. Several AmLaw 200 firms have entered or expanded there in ...
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