WASHINGTON, DC-Cushman & Wakefield has launched a benchmark survey for law firms that extensively queries them about their real estate needs and usage. Eventually, the survey–which Sherry Cushman, executive managing director and head of C&W’s Legal Sector Advisory Group, calls unprecedented in the commercial real estate industry—will be used to track far-reaching trends. For instance, she tells GlobeSt.com, the survey is following such eventualities as law firms that may go completely virtual.
In the shorter term the survey can be expected to yield valuable information for more traditional – i.e. office occupying — law firms interested in maximizing their real estate space.