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Features

Beyond the Basics: Leasing and Operational Audit Issues Image

Beyond the Basics: Leasing and Operational Audit Issues

Paul Robeznieks

Whether you work for a national retail chain or a local retail tenant, you should consider periodically performing lease audits to determine what type of short-term and long-term strategies to implement in an effort to keep your business viable. A lease audit that reviews and identifies risks and liabilities will assist you in developing and/or fine-tuning a business strategy that benefits your company.

The Leasing Hotline Image

The Leasing Hotline

ALM Staff & Law Journal Newsletters

Highlights of the latest commercial leasing cases from around the country.

Features

Be Timely or Be at Risk Image

Be Timely or Be at Risk

Raymond J. Werner

Parties to commercial leases often have opportunities to exercise rights that they have bargained for in the lease negotiation process. Those rights may be held by both the landlord or the tenant and may relate to the termination of the lease, the renewal or extension of the lease term, the right to expand or contract the premises, the right to reduce rent, the right to relocate the tenant to other premises or whatever the needs and creativity of the parties may have caused them to negotiate. Typically, these rights are important to the operation of the business of the landlord or the tenant, and the lease document requires that a right be exercised by giving notice in a certain manner and by a certain date. If the notice is not timely and properly given, the right may be lost.

Strategically Manage Occupancy Costs to Increase Law Firm Profitability Image

Strategically Manage Occupancy Costs to Increase Law Firm Profitability

Andrew Lechter

Aside from payroll, real estate costs are a large law firm's most significant expense. Even under the best circumstances, such expenditures — sometimes called occupancy costs — consume 8% to 10% of the typical large firm's annual revenue. These costs are not confined to rent; many firms finance millions of dollars worth of expenses associated with the construction of their space.

Best of Law Firm Leaders in Marketing Supplement Image

Best of Law Firm Leaders in Marketing Supplement

ALM Staff & Law Journal Newsletters

A special insert to November's issue features our picks for the law firm leaders that best support marketing.

Index Image

Index

ALM Staff & Law Journal Newsletters

All the cases discussed in this issue.

Features

Development Image

Development

ALM Staff & Law Journal Newsletters

The latest cases you need to know.

Features

Second Circuit Tackles RLUIPA Image

Second Circuit Tackles RLUIPA

Stewart E. Sterk

The federal Religious Land Use and Institutionalized Persons Act (RLUIPA) threatens to have a significant impact on local zoning decisions. Municipalities across the country have challenged the statute's constitutionality. In the most recent of those cases, <i>Westchester Day School v. Village of Mamaroneck</i>, 2004 US App LEXIS 20327 (NYLJ, 10/15/2004, p. 18, col. 1), the Second Circuit declined to address the constitutional issues directly, but suggested a narrow construction of the statute that would reduce RLUIPA's impact on local zoning policies.

Landlord & Tenant Image

Landlord & Tenant

ALM Staff & Law Journal Newsletters

A review of the latest cases.

Real Property Law Image

Real Property Law

ALM Staff & Law Journal Newsletters

The latest cases for your review.

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