A new era in retail leasing?
In the wake of the global pandemic, retail leasing law has seen a shift in the balance of power, with more creative and complex agreements now being negotiated. Here, a partner with over two decades of experience unpacks these changes and more.
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In this episode of The Lawyers Weekly Show, host Jerome Doraisamy speaks with Bartier Perry partner Andrew Grima about why legal work in retail leasing has been so stimulating for him across his career, the state of affairs in this space over the past year and the perfect storm that has emerged, the need for more creativity amid greater complexity in agreements, and the solutions that have been required.
Mr Grima also delves into whether solutions can be applied broadly or if all matters must be taken on a case-by-case basis, legislative changes that are influencing negotiations, managing clients’ idiosyncratic needs as well as practitioners’ needs, what lawyers in other practice areas can take away from the recent experience of lawyers in retail leasing, and how best to liaise with in-house legal teams moving forward.
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