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NYC Law Firms Follow National Trend of Booming Leasing Activity
As Big Law grows in New York, several Am Law 50 firms this year have been seeking additional office space in Manhattan, backing up a trend seen nationally of booming leasing activity in the legal industry. In New York, Kirkland & Ellis, Goodwin Procter and Paul, Weiss, Rifkind, Wharton & Garrison all grew office space in the second quarter of 2025, according to market research by commercial real estate firm Cresa.
Kirkland & Ellis leased a 131,000 square-foot new office on Third Avenue — in addition to its existing location on Lexington Avenue, according to Cresa. A spokesperson for Kirkland & Ellis confirmed the firm was expanding into an additional office and said the new location was added “in response to our growth and anticipated future needs.”
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