Tom McDonald is an Executive Vice President based in JLL’s downtown Los Angeles office. As an industry professional with 38 years of experience, his primary area of business is advising law firms on how to drive their profitability by designing and implementing real estate strategies that compliment and support their unique operating models.
Diminishing occupancy. Bold new use of space. Landlords with a habit of raising rents. LA’s central business district is on pace to become one of the most interesting arenas of all SoCal commercial real estate markets. And that, explains Tom McDonald, JLL’s Executive Vice President, spells opportunity for law firm tenants looking to optimize their real estate strategy.
While nothing will replace the traditional real estate cliché that it’s all about location, location, location, today law firm’s real estate also needs to be about flexibility, flexibility, flexibility.
Corporations and law firms that make 10 to 15 year plans for their office space needs often find that… Read More