This post originally appeared on tBL member Troy Golden's blog Golden Group CRE Blog and is republished with permission. Find out how to syndicate your content with theBrokerList.//?#
Attorneys seeking office space in the western suburbs must choose their new office space based on more than just an attractive rent payment. In this blog post, we’ll explore five special considerations for your attorney law office relocation, to help you make an informed decision.
- Location. For many attorneys, it is important that the new office space be located geographically near the firm’s clients. It is also important that the outside of the building projects the image you want associated with your firm.
- Parking/Public Transportation. Because clients will be visiting you, they will either need somewhere to park their vehicles, or you will need to be located near public transportation options. The nicest office space in the world will not help you grow your practice if there is no way for your clients to get to you, or if there are too few parking spaces in the building’s parking lot. If the building has a parking lot, it should be well-lit and maintained.
- Size. Is the space large enough to accommodate future growth? If not, you could be looking for space again within a matter of years. You may be a solo practitioner today but in a matter of years, you could have staff attorneys and paralegals who will need desks and offices of their own.
- Lighting and Aesthetics. Although renting interior office spaces may be less expensive than renting space with windows, consider the cost to your own “happiness factor” working in a windowless space, as well as that of your employees and clients. If natural light is not an option, consider investing in lighting that replicates natural light. It is also important to carefully consider wall color and other office decor, as different colors can send different messages (whether we are aware of it or not!)
- Conflicts of Interest/Privacy. Sharing office space with other attorneys, or with other businesses is a great way to avoid feeling isolated as a solo attorney or small practice and to share costs. However, beware of the potential pitfalls of making this choice! When sharing office space, it is critical that your client records and conversations be confidential at all times. It is also important to avoid an inadvertent “partnership by estoppel” by segregating record-keeping, phone systems and the like. Finally, you will need systems to avoid any real or perceived conflicts of interest.
Attorneys should also read my article, 3 Ways to Reduce Overhead Costs at Your Law Office.
At Golden Group Real Estate, we specialize in tenant representation for office users in the western suburbs of Chicago, helping local business owners find office space and negotiate lease and purchase agreements. We never represent landlords, so we are prepared to negotiate aggressively on behalf of our tenant clients. If you have any questions about a space search or lease/purchase negotiation, contact us at [email protected] or (630) 805-2463. Read: “Why Should I Retain a Broker to Negotiate My Office Lease” and “How to Find the Right Office Location in 10 Steps“.
Contact us if you are looking for office space for rent in Aurora, Darien, Downers Grove, Glen Ellyn, Hinsdale, Lisle, Lombard, Naperville, Oak Brook, Oakbrook Terrace, Warrenville, Westmont, Westchester, Wheaton, or Woodridge. You can reach us at [email protected] or (630) 805-2463.
Photo Credit: “Moving House Stamp Represents Change Of Residence And Lorry” by Stuart Miles Source: freedigitalphotos.net