One of the biggest costs of running a law firm is getting an office space. Although operating from home provides a factor of convenience it also presents the challenge of not knowing how clients will perceive your firm.

In office space, absorption measures the net change in occupied office space over a specific period. It tracks how much space tenants lease compared to how much becomes vacant, indicating market demand. Positive absorption means more space is leased than vacated, while negative absorption shows the opposite.