Law firm leasing activity remained steady in Q2 2025, contributing to an active first half and reaffirming the sector’s ongoing commitment to office space.
Key Findings
- Law firms leased 5.9 million square feet (msf) in H1 2025—the most active first half since 2018.
- Nearly 60% of firms opted to renew in H1 2025, reflecting a continued focus on cost control and stability, while a smaller share pursued relocations tied to long-term upgrades or repositioning.
- Firms were just as likely to expand as they were to downsize, while fewer maintained their current footprint.
- Lease terms across markets have begun to converge, as firms move toward more consistent leasing patterns.
Law Firm Leasing Momentum Builds In 2025, Marking Strongest First Half Since 2018