Low costs may sound appealing for an NYC shared office, but eccentric rules make put a damper on the experience for your law firm.
In a city like New York, options are plentiful for just about anything. You can select from various types of cuisines, fashion styles, type of entertainment, and so forth. The same goes for shared office space.
One of the most common types of office agreements is subletting from someone else’s office because many firms are in dire need of a space.
A commercial lease is a huge commitment for any firm, small or large. For a solo or small firm, it is sometimes unattainable because financial restrictions do not allow for such a commitment.
A larger firm is more capable because they are making enough money and they have a need for the space.
Small firms are just that. Small. This does not mean they won’t eventually need the extra space, but on an immediate basis, a stand lease just may not be a logical decision.
Even if your NYC sublet office space is cheap at first, there may be unexpected occurrences that end up making it more expensive than what it should be to sublet the space.
Absurd rules will inhibit your growth.
Having your own space is rewarding feeling for any attorney because you make your own rules for your said firm. The space is yours to manage and this feature is typical in many shared office environments. A few common sense rules may exist so respect is given to other tenants, but for the most part you can do what you want.
Law firms that feel the need to sublet a space often do not want to be doing so. Their rules in place may not fit the needs of your firm and some of these rules can be very outlandish and peculiar. Some seen in the industry are:
– You must have cherry wood furnishings purchased from Room and Board.
– The cost of paper is split between all lawyers whether you use the copy machine or not.
– You can use the conference room any time you want, unless your landlord’s firm needs it; then you’re on your own.
Wacky rules are not worth your time and energy. There is never meant to be any type of benefit for your firm and they won’t make any difference if they do not exist.
Although wacky rules is bad, having no rules at all will not be good either.
You don’t want a “no rules” situation either.
No rules means you cannot complain if your suitemates are disruptive or even hamper your business practices throughout the day. For some, no rules is a dream come true, but it’s typically the ones who are disruptive that find this appealing. For those who need to conduct business it may be their worst nightmare.