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Legal Leasing Legal Leasing

Legal Sector Leasing Insights

Latest legal sector occupancy trends and national leasing activity

Current trends in leasing activity in the legal sector are all pointing toward a new normal level of leasing activity as legal occupier demand saw elevated levels in 2022 and 2023 that have sustained through Q3 2024. Legal leasing activity in Q3 2024 reached 3.4 msf, slightly below post-pandemic averages but nothing to be concerned about given the 5.0 msf (revised) in Q2 2024. Expectations of a slightly strong fourth quarter will likely place 2024’s legal sector leasing totals around 15.0 msf, which would surpass 2022’s 14.8 msf but fall short of 2023’s record 16.9 msf. 

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Legal Sector Advisory Group
Cushman & Wakefield’s global Legal Sector Advisory Group (“LSAG”) consists of more than 450 global advisors that specialize in strategizing, creating, and implementing real estate solutions that support the business and people of today’s legal sector.
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