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Organization

12 Months Ended

Dec. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization

1.

ORGANIZATION

Jones Lang LaSalle Incorporated ("Jones Lang LaSalle," which we may refer to as "JLL," "we," "us," "our," or the "Company") was incorporated in 1997. We have corporate offices worldwide and over 93,000 employees, including approximately 38,800 employees whose costs are reimbursed by our clients. We provide comprehensive integrated real estate and investment management expertise on a local, regional and global level to owner, occupier and investor clients. We are an industry leader in property and facility management services, with a managed portfolio of approximately 5.1 billion square feet worldwide as of December 31, 2019. LaSalle Investment Management ("LaSalle") is one of the world's largest and most diversified real estate investment management firms, with $67.6 billion of assets under management (unaudited) as of December 31, 2019.

The following table shows the revenue for the major product categories into which we group our services.

	Year Ended December 31,
($ in millions)	2019			2018		2017
Real Estate Services:
Leasing	$	2,524.0		2,372.1		2,051.9
Capital Markets	1,542.2			1,145.4		1,149.4
Property & Facility Management	9,364.7			8,782.8		7,821.3
Project & Development Services	3,121.5			2,669.0		2,344.5
Advisory, Consulting and Other	904.7			815.2		730.3
LaSalle	526.1			533.9		355.8
Total revenue	$	17,983.2		16,318.4		14,453.2

We work for a broad range of clients representing a wide variety of industries in markets throughout the world. Our clients vary greatly in size and include for-profit and not-for-profit entities of all kinds, public-private partnerships and governmental (public sector) entities looking to outsource real estate services. We provide real estate investment management services on a global basis for both public and private assets through LaSalle. Our integrated global business model, industry-leading research capabilities, client relationship management focus, consistent worldwide service delivery and strong brand are attributes that enhance our services.

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- Definition

The entire disclosure for the nature of an entity's business, major products or services, principal markets including location, and the relative importance of its operations in each business and the basis for the determination, including but not limited to, assets, revenues, or earnings. For an entity that has not commenced principal operations, disclosures about the risks and uncertainties related to the activities in which the entity is currently engaged and an understanding of what those activities are being directed toward.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e5967-108592

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-URI http://asc.fasb.org/topic&trid=2134479

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- References

No definition available.

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