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Excess real estate is a problem plaguing a whole host of Bay Area law firms. Firms that bet the farm on the technology boom are suffering, and so are some with more traditional practices. The problem is simply that many are saddled with expensive leases and took on too much space when times were good. Now they're having a hard time paying their rent, and they aren't finding anyone to sublease the excess.
February 11, 2003 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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