Freshfields to leave Fleet Street home in 2021

Freshfields has confirmed that it will move away from its current home on Fleet Street in 2021.

The magic circle firm has taken a lease on 100 Bishopsgate. The firm will occupy 255,000 sq ft (floors 20 to 32) of the 37-storey tower on a 20-year lease.

Freshfields has the “option to expand or contract prior to occupancy”, according to a statement from Brookfield Property Partners, which leases the building.

The lease starts in 2021, which is also when Freshfields’ leases on Fleet Street end.

The new space in the heart of the City will see the firm reduce its London floorspace by around a quarter after relocating its entire legal services and back office departments to Manchester last year.

The magic circle firm had shortlisted several locations for its new headquarters in 2016, including 70 St Mary Axe and 3 Finsbury Avenue.