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Despite significant leasing activity in 2004, San Francisco remains flooded with millions of square feet of available space. Savvy law firms recognize this as an unprecedented opportunity to improve profitability and cash flow by reducing real estate costs. One savvy manager recently renegotiated his firm's existing lease for a cash savings of $1.5 million. In order to capitalize on current market conditions, law firms must keep in mind the following critical success factors.
January 12, 2005 at 12:00 AM
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The original version of this story was published on The Recorder
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