Many companies are wondering if and how the office should be adapted to the new “working from home” (WFH) reality. To help answer these questions and more, Solved developed a workplace survey using their years of experience and insight into the current pandemic situation. Download the findings in this in-depth whitepaper.
Tag: commercial space
Remote working is here to stay, and it will certainly become an integral part of the law firm work paradigm going forward. However, as law firms start to contemplate how this WFH trend will impact their office footprints in the future, they should be careful not to blindly follow what other industries are doing.
Despite children in the background and a lack of preparation, this [work from home] arrangement seems to be working. However, before we become too enamored of this new work paradigm, we should appreciate that its relative success is due only to the strong foundations that were built in the office prior to the pandemic.
Any contemplated change in design or layout by a tenant should account for the fact that, like the Spanish Flu of 1908, COVID-19 won’t be around for long. When it leaves, a company’s office design and configuration needs to make sense and needs to be cost effective. A blind rush to the latest and greatest could be very costly.
Every tenant is in a different situation, so there are no hard and fast rules. However, your representation team (both your broker and your real estate lawyer) needs to be strategic in language negotiated to clearly define the landlord right, various mechanics of exercising the right, and the limitations of the right to protect your business.
Companies move like an organism on a daily basis: grow, shrink, move, share, and so on. But how do you facilitate this in an office building that usually requires a long-term lease obligation? Think about changes within your organization, market conditions and the way in which your employees will perform their work in the future.