Program Details
On Demand

Negotiating the Law Firm Lease: Top Strategies and Lease Clauses that will Improve Your Firm’s Bottom Line!



Content Partner:  Association of Legal Administrators (ALA)
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Description:
With the market moving quickly, discussions with landlords can sometimes feel as though one is negotiating on shifting sands. Knowing how to properly plan for both the expected and unexpected over the life of the lease can result in substantial savings. Flexibility is key, and this webinar is designed to dive into the ways you can position your firm to address changes and opportunities.
 
Learning Objectives:
- Market: Discuss the market effect on negotiations.
- Options: Discuss renewal, relocation and new construction.
- Growth: Examine expansion options, rights of first offer, and rights of first refusal.
- Early Exit: Examine sublease/assignment clauses, contraction options, termination options, relocation.
- New Construction: Discuss strategies related to anchoring a new building, timing, pros and cons.
 
Speaker: Mike Kennedy, SIOR, is CEO & President of Commercial Texas. Among his many accomplishments, he negotiated the Austin anchor leases of Clark, Thomas and Winters, Akin Gump and Austin Ventures, which led to construction of 300 W. Sixth Street, the first Central Business District high-rise building in the city in 15 years. 
 
Speaker: Burke Kennedy, J.D., Vice President of Commercial Texas, was off to a running start in commercial real estate when he me the decision to step away and attend law school so he could better help his clients review leases and negotiate with landlords. He has completed 64 office lease transactions totaling more than 500,000 square feet of space, with a combined transaction value of more than $66.7 million.
 
Speaker: Chrissy Cornelius, CCIM, Associate Vice President of Commercial Texas, has successfully completed over 50 transactions totaling more than $68 million in transaction value. 
She has been recognized by the Austin Business Journal as a Heavy Hitter in the Office Tenant Lease Representation category. 
 


Practice Areas:
Online Media Type: Audio
Production Date: 07/17/2013
Level: Intermediate
Category: Standard
Duration: 0 Hours, 58 Minutes
Online Format: On Demand

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Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available. Please note that the on demand and podcast versions may, or may not be accredited in your state.

If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance.  Credit totals for other formats are for complete programs.  Partial credit is not available for any online or downloadable format. 

 

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This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing sales@westlegaledcenter.com.







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Accreditation:

West LegalEdcenter provides accreditation as described here. You may be able to self apply for credits in states not listed.

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Speakers:
Mike Kennedy - SIOR, CEO & President, Commercial Texas
Burke Kennedy - J.D., Vice President, Commercial Texas
Chrissy Cornelius - CCIM, Associate Vice President, Commercial Texas
This product is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.


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