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A HISTORY OF PAUL FEGEN'S SUITES
 
 
On August 1, 1966, Paul Fegen opened his first law suite for attorneys, investing only $200 for the furniture. He developed his business by leasing large blocks of office space (usually entire floors) and "building out" the raw space into beautifully decorated professional suites. He included reception services, telephone answering, photocopy machine, conference room and law library. His tenants have primarily been lawyers, but the fine the amenities of his suites attract other dignified professionals. His name has become synonymous with law suites with most attorneys referring to them as "Fegen Suites" because they were conceived by Paul Fegen (but they are also called professional suites and executive suites). On July 1, 1970, Mr. Fegen incorporated his law suite business as Attorneys Office Management, Inc. (AOMI).

Over the years AOMI grew to 220 locations in 26 states with thousands of tenants and hundreds of employees, making it the largest subleasing company in the world. In 1982 there was a severe depression of the rental market, leaving space unoccupied all over the country. Consequently, beautiful new office buildings in which he had rented space in Houston and Las Vegas stood virtually empty and went into foreclosure. Because of the crashing real estate market, AOMI had difficulty renting out its space as well, and expenses exceeded income. So, AOMI reorganized and was sold a few years later.

After the sale, Mr. Fegen's contributions were acknowledged when he was hired by the buyer as Chairman of their advisory committee and was paid a temporary licensing fee for the use of his name and the trademark, "Fegen Suites."

   
1. WHAT IS A ‘FEGEN SUITE?
 
 
a. Paul Fegen leases full floors from office buildings. He has the floors completed and decorated to his specifications, the offices leased and the whole suite managed by Fegen Management. These law suites consist of a central reception area and a perimeter of individual offices and secretarial spaces along with one or more conference rooms, a kitchen/break room and a law library.

b. Tenants in the law suites sublease (rent) from Paul Fegen.

c. Fegen Suites are a unique concept in luxurious full-floor law suites wherein individual attorneys or groups of attorneys rent an office and obtain the facilities and services of a large law firm included as part of their fixed monthly rent. The shared overhead in Fegen Suites allows each tenant to have low-cost luxury. This includes the services of a receptionist and telephone operators, and use of conference room(s), law library, kitchen, etc. Also available are photocopy, fax and secretarial services.

d. Fegen Suites are an efficiency organization. Our suites are staffed by highly-trained executive suite managers who greet clients and visitors and expertly handle daily operations of the suite. They are complemented by our carefully selected receptionists who aid in greeting visitors and answering calls in a personal and professional manner.

   
 
2. ADVANTAGES
 
 
a. One monthly check. This includes a tenant's office, reception service, telephone answering service, and the other services and facilities described in this section.

b. No capital outlay. A tenant who rents from Paul Fegen does not need to spend a lot of money for capital improvements, a library, or reception and conference room furnishings. All that is required is a security deposit equal to one month's rent for each year of a tenant's lease.

c. Although our rent with the building may be increased for taxes and maintenance, the tenants' rents will not be increased unexpectedly during the terms of their leases.

d. Flexibility.

i. Month-to-month and long-term leases are available with standard leases for one year. A prospective tenant may obtain a lease for any number of years desired by depositing a refundable sum (equivalent to the monthly rent) for each year desired.

ii. Leases can be terminated to take a larger office in the same suite or to move to another law suite managed by us.

iii. If a partnership or association has several offices in one suite, any tenant may give up all but one of the offices upon dissolution and not be obligated on the other offices.

iv. The tenant may lease other offices in the same suite to expand his/her practice.
 

e. Coverage. Because of the services provided and the way the office is run, tenants often find that they do not need full-time secretaries. If they do have secretaries, there is ample office coverage when their secretaries are ill or on vacation since clients are greeted by the receptionists who also answer the telephones and the secretarial service or other tenants' secretaries can do word processing.

f. No headaches of management. The tenants do not have to worry about paying a lot of small bills, interviewing, hiring and training reception staff, ordering books and supplements and putting them away in the library, etc. They have all the advantages of being in a large firm without the headaches of management.

g. Assistance. There are other lawyers on the floor to assist tenants during their vacations or with calendar conflicts (depositions, court appearances, etc.). Other attorneys can handle cases that some tenants are unable to handle or do not want, and they can share ideas and experiences with each other.

h. The floor layouts are designed to be efficient and effective for the space needs of attorneys without wasted space as is common in most law offices. A tenant's office and/or secretarial space may be specially designed for his/her particular needs by our experienced personnel.

i. Prestigious suite. The lovely decor and large reception area give a favorable first impression to tenants' clients and visitors.

   
   
   
 
 
 
 
 
 
 
 
 
 
 
 
 
3. OFFICE SIZES
 
 
Offices of various sizes are available to suit individual needs.


4. TENANTS' RENT INCLUDES:
 
 
a. Office.

b. Receptionist to screen and announce visitors

c. Telephone operators to give individualized telephone answering service.
 
i. All incoming calls are screened by a live operator.”

ii. Friendly transfer to voicemail when a tenant is busy or out of the office.

iii. Each tenant has his/her own number that may be answered at the switchboard. Advantages:
(1) The tenant can answer his/her own phones at night or on weekends when the switchboard is closed.
(2) The number can be transferred to a new office if the tenant moves to another location.
(3) The tenant pays only for his/her calls and not the calls of any anyone sharing the office.

d. Law Library - State and Federal.

e. Conference Room.

f. Kitchen/break room.

g. Utilities.

h. Janitorial Services.
   
 
5. OTHER SERVICES AVAILABLE:
 
 
a. Photocopy services at $.04 per copy.

b. Fax services at 50¢ per page, incoming and outgoing.

c. Secretarial Service. Hourly rate charged with no minimum required.

d. Coffee and other vending machines.

e. Attorney service daily pick-ups.
   
 
6. OTHER CHARGES:
 
 
There are no other charges except the following optional expenses:

a. Name strip on building directory. A one time charge of approximately $26 applies in some buildings.

b. Monthly parking and validation stamps. Arrangements are made directly with the parking concession in the building. Rates vary slightly from one building to another.

   
 
7. WHO RENTS IN A FEGEN SUITE?
 
 
Primarily lawyers - general practitioners and specialists, individuals, partners and associates who have or want to establish a private practice, retired judges who want to reestablish a practice, and other lawyers who want to move to suites with the most complete facilities available. Prominent law firms, bar associations, certified public accountants and Fortune 500 companies have also taken advantage of the ease in opening branch offices in our suites.


 
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