Biglaw

Weil Gotshal & Manges Reducing its Space in General Motors Building
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

 

Weil Gotshal

Summary: The law firm of Weil, Gotshal & Manges announced on Tuesday of this week that it had signed a new lease, calling for less space, at the General Motors Building in New York City. 

  
What
Where


The law firm of Weil, Gotshal & Manges LLP has decided to decrease its presence in New York City, according to a report from The Wall Street Journal.

The firm has been operating out of the General Motors Building since it opened in 1968.

The law firm announced that it signed a 15-year lease extension at the building that will start in 2019. The lease calls for 400,000 square feet, which is 20 percent less than the space on the current lease.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The new lease will return three floors to the building owner. It will also come with a “complete gut renovation” to make the space “more efficient and in-line with how we work today,” according to a spokeswoman at the law firm.

Law firms tend to occupy two to three times as much space per employees compared to technology, insurance or banking companies.



In June, Weil dropped 60 junior lawyers and 110 members of the staff to cut costs. At the same time, the firm announced it was going to cut the pay of 30 of its 300 partners.

Image credit: Weil, Gotshal & Manges



 

RELEVANT JOBS

Personal Injury Insurance Defense Attorney

USA-CA-Los Angeles

Hickey Smith Dodd is seeking a Personal Injury Insurance Defense Attorney in the Southern California...

Apply now

Associate Attorney - Defense Litigation Experience

USA-TX-Dallas

Galloway\'s Dallas office is seeking an Associate Attorneys with 2 - 5 years of experience to handle...

Apply now

Part-time Staff Attorney – Housing and Homelessness Prevention Unit

USA-CA-Santa Ana

  Part-time Staff Attorney – Housing and Homelessness Prevention Unit ...

Apply now

Staff Attorney – Housing and Homelessness Prevention Unit

USA-CA-Santa Ana

Full-time Staff Attorney – Housing and Homelessness Prevention Unit Organization Descriptio...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top