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Houston, Texas. Photo by Shutterstock.com.

The pre-pandemic trend of firms shrinking their office space footprints is likely to continue, according to a new report from commercial real estate firm Newmark that captures a snapshot of how law firms are now approaching leasing in major markets like New York, Washington, D.C., Chicago and Los Angeles—and what could be in store post-pandemic.

Firms were already putting excess square footage out for sublease before the pandemic, and COVID-19 has accelerated that trend, as firms realize they’re not using expensive office space as efficiently as they could, according to the report.

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