According to CBRE’s fifth Law in London report, the largest 100 firms in the City have made ‘significant changes’ to their real estate over the last five years, notably through a decrease in space per fee earner.
In addition, the report distinguishes international firms as having more generous space standards with 283 sq ft per person, and 477 sq ft per fee earner. In contrast, UK mid-tier firms occupy 189 sq ft per person and 277 per fee earner, 42% less than international firms.
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