From the October Issue: Just as the market goes in cycles, so too does the legal world that services it. A year ago, New York’s largest real estate law practices were feeling confident — aggressively expanding their ranks, with the dismal days of the crash in the rearview mirror.
Today, those firms are still logging plenty of billable hours and beefing up their staffs, but they are doing so with an eye on a real estate market that is very much in transition. [more]