The real estate law practice area has undergone a sea change in recent years, as insatiable demand for downtown housing ushers in a new wave of mixed-used developments.
In Canada's largest cities, most commercial real estate practitioners say demand for their services is sky-high and has been for the past few years. If there is one potential cloud on the horizon, it's the prospect of rising interest rates.
Lawyers will be forced to adapt during this boom, at least: to write new contracts and navigate new relationships that form the connective tissue allowing this urban organism to thrive.
Lexpert contributor Sandra Rubin reports at lexpert.ca/globe.
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