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.

Effective rent is the average rent a tenant pays after accounting for discounts, incentives, or lease concessions. It reflects the real cost of renting a property over the lease term, helping businesses and tenants compare different rental options and determine the true financial impact of a lease agreement.