chapter  30
4 Pages

Re-engineering in a Downturn

In 2011-2012, Codexx worked with a major UK firm’s Corporate Real Estate department, with the key objective being to improve their margins through efficiency-driven cost reduction. Activity in the UK commercial real estate sector had contracted significantly since the 2008 downturn and in consequence Real Estate departments in law firms were having to compete for a smaller pool of work – which had driven prices down.