Legal leases show signs of life

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From the December issue: Just two years ago, during the onset of the fiscal meltdown, experts were bemoaning the flight of the New York City legal industry. One report suggested that law firm profits per partner were set to drop by up to 15 percent in the city, while decades-old mainstays like Heller Ehrman dissolved and left their offices. But now, with legal hiring on the rise, more than a few noteworthy leases are being signed, in what could perhaps be a legal leasing rebound. [more]