What's Happening?
Covington & Burling has relocated to a new office space at 30 Hudson Yards, New York, expanding its footprint by 35,000 square feet. This move comes after 17 years at the New York Times building in Times Square. The expansion is driven by a 30% increase
in attorney headcount over the past five years, necessitating additional space to accommodate the growing team. The new office spans five floors and is designed to support the firm's operational needs and future growth.
Why It's Important?
Covington's expansion at Hudson Yards is a reflection of the firm's growth and its strategic positioning within New York's competitive legal market. By increasing its office space, Covington is better equipped to handle its expanding workforce and client demands. This move underscores the importance of adapting to industry trends, such as the need for more collaborative and flexible work environments. The expansion also highlights the firm's commitment to maintaining a strong presence in a prime location, which is crucial for attracting top talent and clients.