Law Firms: Why You Should Downsize Your Office Space & Come Work With Us!

Law Firms: Why You Should Downsize Your Office Space & Come Work With Us!

COVID-19 has taken a toll on all sectors, however, it has also provided the largest ever societal experiment and has changed how we live, how we work, and how we interact with each other.

Working from home is the new normal and now more than ever professions have found out they can do it largely without morale issues or significant loss in productivity.

The legal and finance sectors never dared to let their employees work from home before COVID-19 circumstances forced that to change, and the results are…surprising. Many employees are actually getting more work done.

As this Law Times News article points out, there is a surge in Canadian lawyers preferring to working outside of the traditional office space.

So with that in mind, why would your firm ever pay for five floors on Bay Street? You don’t need all of that space anymore.

With a likely slow but steady economic recovery, cutting costs everywhere you can will help to ensure your business survives the COVID-19 crisis, and most firms’ largest costs are real estate.

This Fundera article from 2020 provides some great tips to follow when planning the downsizing of your office space.

There is no longer a convincing argument to holding onto a significant amount of now unused office space.

Yes, there are still employees that absolutely need to be in the office to do their work. However, procuring offices for those critical employees is a cost effective solution. Your real estate spend will go from millions of dollars a year to significantly less, and your team will still be as productive as ever.

At The Rostie Group, we can provide that physical space for your critical staff.

We also provide support services that normally would require an office manager and dedicated staff.

Phone answering? We do it.  Administrative services, meeting rooms, social events, videoconferencing, coffee? We do all of those too.

With flexible terms, all-inclusive lease rates, networking opportunities, and fully serviced amenities and technology, The Rostie Group will prove to be the solution companies who are downsizing are looking for.

Our PATH accessible WaterPark Place office, which is in close proximity to Union Station and the Toronto Courthouse, is one of the most desirable locations in the city.

It’s time to cut your real estate and office management costs, without sacrificing productivity.

For more information on our private offices and team spaces, visit www.rostiegroup.com or call 416 214 1840.

We look forward to servicing your business needs.