One of the world’s largest law firms, Clifford Chance, which, like many firms, finds itself with a many-thousand-square-foot albatross around its corporate neck, has succeeded in subletting 25,000 square feet of excess office space to its apparently healthier competitor, the Georgia-based Kilpatrick Stockton LLP.
Kilpatrick has renewed its existing sublease of 10,752 square feet at 31 West 52nd Street, and acquired over 14,000 additional square feet from Clifford Chance, which...