Costs Associated with Direct Lease versus ESQ.suites
Every lawyer dreams of having an office with his or her name on the door or, even better, on the facade of a building. But what does realizing this fantasy really entail? It turns out that being a tenant in a commercial office space is both expensive and time-consuming.
Every lawyer knows the pressure of facing a court deadline and of relying on an internet connection to make sure that an electronic filing is safely lodged with the court. At ESQ.Suites, we have state-of-the-art connectivity that guarantees that there will be enough bandwidth for the lawyers working out of our suites. Our community of lawyers serve their clients by focusing on generating top-notch legal documents rather than worrying about whether the office technology will work.
Lawyers who opt instead to lease office space directly from a landlord will not have this peace of mind. Instead, they must set up their own internet connections. The temptation will be to choose a lower-cost connection that cannot be relied upon to work when a deadline is looming. A strong internet connection is pricey: ethernet cables have to be installed, and they are made out of copper wires that are very expensive. Your office will also need a equipment such as a commercial switch, a file server, commercial grade WiFi routers — and if you don’t know what those are, you’ll need to hire a consultant who does.
Clients want two things: to trust the competence of their lawyer and to pay a reasonable amount for legal services. Clients want to meet with their lawyers in a professional setting with polished reception area, tasteful artwork, and quality furniture. But they don’t want to pay an hourly rate that will include enough overhead to finance such an environment. ESQ.Suites provides everything you need to put your clients at ease: a stylish reception area, comfortable, conference room tables and chairs, credenzas, lamps, side tables, and artwork. Even more importantly, the monthly rent for a suite that includes access to all these amenities costs less than half than a similarly-sized commercial space.
We look forward to welcoming you to our community of lawyers!
If you are interested in shared office space in the Coral Gables or downtown Miami area, contact ESQ.suites today.
About the Author
Alejandro E. Jordan, Esq. is the Founder and Chief Executive Officer of ESQ.suites, leading provider of shared office space rentals exclusive for law professionals, attorneys and lawyers in South Florida, Miami, Coral Gables and Downtown Miami. Mr. Jordan has over a decade of experience in commercial lease negotiations for all property types, including office, shared office arrangements, multi-family, retail, and industrial properties. His broad base of knowledge allows him to stay ahead of the game and keep abreast of the latest real estate issues and trends.