What Kind of Law Office Space Should I Have? Pros and Cons – Part 3
Today’s post is part 3 of a 5 part series by Debra L. Bruce on determining the best kind of office for your law practice. Parts 1 and 2 discussed the home office and shared office space. Today Debra addresses the issue of subleasing.
Subleased Space
This is another version of shared office space, only you don’t have a direct lease with the building owner. Your landlord is another law firm. In a slow economy many law firms may cut their employee count, but they can’t reduce their office space due to a long-term lease, so they sublease some of the offices.
Pros:
- Sometimes a law firm will offer free or cheap space to new lawyers or laid-off lawyers to give them time to build up some clients.