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Family Office Briefing on research bySavills·Nov 17, 2023

Savills U.S. Law Firm Activity Report Q3 2023

U.S. law firm leasing activity remains stable in Q3 2023 — family offices should consider co-GP opportunities with legal sector operators.

Q3 2023

Key Metrics

MetricValue
Quarterly Law Firm Leasing Volume1.7msf
Year-to-Date Law Firm Leasing Total5.0msf
Percentage of Leases to Stay-in-Place68.3%
Percentage of Relocations and Renewals that are Expansions42.6%

Metrics extracted from the source report and independently fact-checked. Method →

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