MRM...will do. It has ended up being a good deal for both the lawyer/cpa and the ins co. They overbought space and were tied into a long term lease. They did a lot of estate planning with their products that often required modification of wills, legal advice on gifting, tax advice, etc. Rather than let a potential customer get away, they could say "We have an attorney available to speek to you today if you don't already have an atty." So letting him have space sitting idle they had to pay for anyway, it has turned into a win/win arrangement.
I have a pretty sweet deal now. I have an office that belonged to an atty friend that died 5 years ago. Very upscale space. He was a mass torts attorney so his estate is administering closing out all those settlements that are still being generated. No new business. So his widow has allowed me to rent the office and since she has to have an attorney on board to oversee the cases, I am "of counsel" to his PLLC. I get a small fee for doing this and pay $1000/month for about 3600 sf that is completely furnished and set up. The dec'd lawyer's estate pays about $40K per year for the space.
