Reed Smith#History

{{Short description|International Law Firm}}

{{Infobox Law Firm

| firm_name = Reed Smith LLP

| firm_logo = Reed Smith Logo.svg

| num_offices = 31

| num_attorneys = 1,700{{cite web |title=Reed Smith Grows Revenue and Profits, Citing Strong Demand |url=https://www.law.com/thelegalintelligencer/2019/02/20/reed-smith-grows-revenue-and-profits-citing-strong-demand/ |website=www.law.com |language=en}}

| practice_areas = Mergers and Acquisitions, Private Equity, Finance, Life Sciences & Health, Energy & Natural Resources, Entertainment & Media, Shipping & Transportation

| revenue = {{profit}} $1.44 billion (2021/22){{cite web |title=The comeback kid: Return to form as Reed Smith posts 9.6% revenue increase to hit $1.44bn |url=https://www.globallegalpost.com/news/reed-smith-posts-96-revenue-increase-to-hit-144bn-925601511 |website=The Global Legal Post |date=4 March 2022}}

| profit_per_equity_partner = {{gain}} $1.7 million (2021/22){{cite web |title=Reed Smith PEP jumps to $1.7m after double-digit growth |url=https://www.thelawyer.com/reed-smith-financials-2022/ |website=The Lawyer |date=3 March 2022}}

| date_founded = 1877 (Pittsburgh)
1842 (Townsend Elliott & Munson in Philadelphia)

| founders = Philander Knox and James Hay Reed in Pittsburgh and Joseph B. Townsend on Philadelphia, Pennsylvania

| company_type = Limited liability partnership

|website={{URL|www.reedsmith.com}}

}}

Reed Smith LLP is a global law firm with more than 1,500 lawyers in 30 offices throughout the United States, Europe, the Middle East and Asia.{{cite journal|title=Organizational Profile of Reed Smith at the National Law Review|journal=The National Law Review|date=May 16, 2012|url=http://www.natlawreview.com/organization/reed-smith-llp}}

History

Reed Smith was founded in Pittsburgh in 1877 by Philander C. Knox and James H. Reed.{{cite web|title=History|url=http://www.reedsmith.com/aboutus/history/|publisher=Reed Smith|access-date=6 March 2015|date=4 March 2015|archive-date=18 February 2012|archive-url=https://web.archive.org/web/20120218215758/http://www.reedsmith.com/aboutus/history/|url-status=dead}} The two partners created a relationship with American industrial tycoon, Andrew Carnegie, and the firm grew with Carnegie's business. Large businesses, such as Heinz (company), and personalities – many of whom, like Carnegie, Knox and Reed, were fellow members of the South Fork Fishing and Hunting Club – joined the firm's client roster, including Andrew Mellon (now The Bank of New York Mellon) and Henry Clay Frick.

During the 1880s, Edwin W. Smith and other partners joined the firm and, in 1922, the firm adopted the name Reed Smith Shaw & McClay. During the New Deal era, Reed Smith established a securities practice, and partner Ralph H. Demmler became chair of the Securities and Exchange Commission.

Despite a clear history of refusing repair work to the South Fork Dam, which had been advocated by, most especially, general manager of the Cambria Iron Company and member of the 40th United States Congress and of the 41st United States Congress, Daniel Johnson Morrell, who had become a member for the express purpose of monitoring the dam's condition;[https://books.google.com/books?id=Ey5mDwAAQBAJ&pg=PA185 Johnstown's Flood of 1889: Power Over Truth and The Science Behind the Disaster, by Neil M. Coleman, Springer, 2018, page 185. Retrieved June 7, 2019.][https://www.nps.gov/jofl/learn/historyculture/benjamin-franklin-ruff.htm "Benjamin Franklin Ruff (1835-1887)", "Johnstown Memorial", National Park Service. Retrieved June 7, 2019.] club members Knox and Reed were able to fend off four lawsuits seeking responsibility for the Johnstown Flood of 1889 against the South Fork Fishing and Hunting Club, stewards of the dam, Colonel Unger, its president, and against 50 named members. Each case was "either settled or discontinued and, as far as is known, no one bringing action profited thereby."{{Cite web |url=https://journals.psu.edu/wph/article/download/3110/2941+%26cd%3D2%26hl%3Den%26ct%3Dclnk%26gl%3Dus%26client%3Dfirefox-b-1-d |title="The Johnstown Flood", by Robert D. Christie, The Western Pennsylvania Historical Magazine, Volume 54, Number 2, April 1971. |access-date=2019-06-03 |archive-date=2019-06-03 |archive-url=https://web.archive.org/web/20190603175721/https://journals.psu.edu/wph/article/download/3110/2941%2B%26cd%3D2%26hl%3Den%26ct%3Dclnk%26gl%3Dus%26client%3Dfirefox-b-1-d |url-status=dead }} The club was never held legally responsible for the disaster. Knox and Reed successfully argued that the dam's failure was a natural disaster which was an Act of God, and no legal compensation was paid to the survivors of the flood. The perceived injustice aided the acceptance of "strict, joint, and several liability," so that a "non-negligent defendant could be held liable for damage caused by the unnatural use of land.{{Cite web |url=https://www.nationalgeographic.org/thisday/may31/johnstown-flood/ |title="May 31, 1889 CE: Johnstown Flood", National Geographic. Retrieved June 3, 2019. |access-date=June 3, 2019 |archive-date=July 10, 2019 |archive-url=https://web.archive.org/web/20190710205818/https://www.nationalgeographic.org/thisday/may31/johnstown-flood/ |url-status=dead }}{{cite journal|first=Jed Handelsman |last=Shugerman |title=Note: The Floodgates of Strict Liability: Bursting Reservoirs and the Adoption of Fletcher v. Rylands in the Gilded Age|journal=Yale Law Journal|volume=110 |number=2 |pages=333–377| date=2000 |url=https://www.yalelawjournal.org/note/the-floodgates-of-strict-liability-bursting-reservoirs-and-the-adoption-of-ligfletcher-v-rylandslig-in-the-gilded-age|doi=10.2307/797576 |jstor=797576 }}

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From 1970 to the present, the firm engaged in a series of mergers and acquisitions to create one of the largest law firms in the world.{{Cite web|url=https://www.law.com/law-firm-profile/?id=250&name=Reed-Smith|title=Reed Smith|website=Law.com}}

In the 1970s, Reed Smith set up office in Washington, DC and in 1989, merged with Washington firm Pierson, Ball & Dowd, thereby obtaining a health care practice.

In 1978, Reed Smith merged with Philadelphia law firm, Townsend Elliott & Munson (which was founded in 1842 by prominent Philadelphia citizen, Joseph B. Townsend whose pro bono accomplishments included being Chancellor of the Philadelphia Bar Association, chairman of the board of Jefferson Medical College, and a Board Manager of Pennsylvania Hospital - see his papers in archives of University of Delaware).

Reed Smith opened new offices in New York and New Jersey in the 1990s and acquired a Northern Virginia firm, Hazel & Thomas.

During the 2000s Reed Smith experienced rapid international growth. Acquiring the UK law firm Warner Cranston turned Reed Smith transatlantic in 2001 and it opened offices in Paris and Munich four years later.{{cite web |url=https://johnocunningham.files.wordpress.com/2008/10/reedsmithpdf.pdf |title=The Reed Smith Rocket Formula |date=2006 |work=Law Firm Business Development Best Practice |publisher=ALM |via=johnocunningham.files.wordpress.com}} It opened an office in Delaware and combined with a California law firm, Crosby, Heafey, Roach & May, which moved the firm to among the 20 largest law firms in the US. In 2007 Reed Smith merged with UK law firm, Richards Butler, which added offices in France, Greece, the Middle East and Hong Kong.{{cite web|title=Reed Smith Richards Butler completes merger|url=http://www.thelawyer.com/reed-smith-richards-butler-completes-merger/123584.article|work=The Lawyer|access-date=6 March 2015|date=2 January 2007}} According to market analyst Adviser Rankings the total market capitalization of Reed Smith's stock market clients in the United Kingdom is the third highest of all US-law firms.{{Cite web |url=https://adviser-rankings.com/law-firms/top-rankings |title=ARL - Current Rankings |access-date=2019-01-06 |archive-date=2019-01-06 |archive-url=https://web.archive.org/web/20190106055130/https://adviser-rankings.com/law-firms/top-rankings |url-status=dead }}

The firm counsels 13 of the world's 15 largest commercial and savings banks; 25 of the world's 35 largest oil and gas companies; and the world's three largest pharmaceutical distribution and wholesale companies.

Reed Smith opened their second German office in 2015 in Frankfurt, Germany's financial center, to meet growing client demand in the German market.{{Cite web|url=https://www.reedsmith.com/en/about-us/history |title=Reed Smith opens second Germany office |publisher=Reed Smith}}

File:bell atlantic tower.jpg in Philadelphia|200px]]

In 2016, Reed Smith entered into a formal alliance with Singapore firm Resource Law.{{Cite web|url=https://www.thelawyer.com/reed-smith-seals-alliance-with-singapore-firm-resource-law/|title=Reed Smith seals alliance with Singapore firm Resource Law |work=The Lawyer|date=2016-07-18|language=en-GB|access-date=2016-07-21}} A year later the firm opened a new office in Miami.{{Cite web|url=https://www.reedsmith.com:443/en/about-us/history|title=History | Reed Smith LLP|website=www.reedsmith.com}}

On April 30, 2018, Reed Smith hired Lewis Zirogiannis (General Electric's former chief compliance officer) as a partner for its global regulatory enforcement practice in San Francisco.{{Cite news|url=https://www.law.com/therecorder/2018/04/26/reed-smith-hires-ge-digitals-chief-compliance-officer/|title=Reed Smith Hires GE's Digital's Chief Compliance Officer |work=The Recorder|access-date=2018-05-01}}

In 2018, Reed Smith hired 14 lawyers from competitor Norton Rose Fulbright and added a new office in Austin, Texas.{{cite web |title=Reed Smith raids Norton Rose for life sciences/healthcare team, adding Austin office |url=http://www.legalweek.com/2018/05/23/reed-smith-grabs-raids-norton-rose-for-life-scienceshealthcare-team-adds-austin-office-378-82465/ |website=Law.com International |language=en-gb}} In January 2020, the firm hired technology, M&A and private equity lawyer Craig Lilly. Lilly previously led Greenberg Traurig's Silicon Valley corporate practice group.{{Cite web |last=Mitchell |first=Rick |title=Wake Up Call: Two Ex-Prosecutors Led Probe of Astros Sign-Stealing Scandal |url=http://biglawbusiness.com/wake-up-call-two-ex-prosecutors-led-probe-of-astros-sign-stealing-scandal |access-date=2020-02-26 |website=biglawbusiness.com |language=en}}

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File:Andrew Carnegie, three-quarter length portrait, seated, facing slightly left, 1913.jpg|210px]]

Recognition

According to Chambers USA, the firm services clients in matters of bankruptcy, insurance, finance, M&A, labor and employment, and more general litigation, across various industries, including entertainment and media, life sciences, shipping and finance, and has been awarded 43 Chambers USA rankings.{{cite web |last1=Square |first1=No 3 Waterhouse |last2=Kingdom |first2=United |title=Reed Smith LLP - The Inside View |url=https://www.chambers-associate.com/reed-smith/true-picture/66079/1 |website=www.chambers-associate.com |language=en}} Chambers UK awards Reed Smith top rankings for shipping, media and entertainment, commodities, and insurance work, and the firm is also ranked in London for its corporate M&A practice and a score of other areas. It is also rated highly for its shipping litigation and climate change work by Chambers Global.{{cite web |title=Reed Smith LLP - True Picture - Chambers Student Guide |url=https://www.chambersstudent.co.uk/reed-smith/true-picture/4701/1 |website=www.chambersstudent.co.uk |language=en}}

  • Reed Smith retained its position as one of the world's 20 strongest law firm brands in the 2018 Acritas Global Elite Law Firm Brand Index.{{cite web |title=GLOBAL ELITE LAW FIRM BRAND INDEX 2018 {{!}} Acritas |url=https://www.acritas.com/global-elite-law-firm-brand-index-2018 |website=www.acritas.com}}
  • Legal media outlet "The American Lawyer" awarded Reed Smith with its top Pro Bono Award in 2018.{{cite web |title=Kirkland & Ellis Named Law Firm of the Year at American Lawyer Industry Awards |url=https://www.law.com/americanlawyer/2018/12/05/kirkland-ellis-named-law-firm-of-the-year-at-american-lawyer-industry-awards/ |website=The American Lawyer |language=en}}
  • Reed Smith was named to BTI Global Elite in 2018, a list of 28 law firms with the biggest imprint on corporate counsel key brand activities influencing hiring and selection.{{Cite web |url=https://www.bticonsulting.com/brand-elite-top-firms-2018/ |title=Brand Elite 28 - Top Firms 2018 — BTI Consulting Group |access-date=2018-05-27 |archive-date=2018-05-28 |archive-url=https://web.archive.org/web/20180528052253/https://www.bticonsulting.com/brand-elite-top-firms-2018/ |url-status=dead }}
  • The firm won the i-law Maritime Law Award at the Lloyd's List Global Awards, an authority on maritime news since 1734. The award highlights excellence and leadership in the shipping and maritime industry. In addition, the head of Reed Smith's global Shipping Group has also been recognised as Lloyd's List's top maritime lawyer of 2018.{{Cite web |url=https://maritimeintelligence.informa.com/events/awards/lloyds-list-global-awards/2018/winners |title=Archived copy |access-date=2019-01-06 |archive-date=2019-01-06 |archive-url=https://web.archive.org/web/20190106153330/https://maritimeintelligence.informa.com/events/awards/lloyds-list-global-awards/2018/winners |url-status=dead }}{{cite web |url=https://lloydslist.maritimeintelligence.informa.com/LL1125082/Top-10-maritime-lawyers-2018 |title=Top 10 maritime lawyers 2018 |date=4 December 2018 |website=Lloyd's List}}
  • Reed Smith was ranked 5th in the Vault Best Law Firms in the Mid-Atlantic ranking.{{cite web |title=Best Law Firms in the Mid-Atlantic {{!}} Vault.com |url=http://www.vault.com/company-rankings/law/best-law-firms-in-each-us-region/?sRankID=12 |website=www.vault.com |language=en}}
  • In 2018, the firm has been ranked 25th in the AmLaw 100, a list analyzing the financial health of the 100 largest law firms in the US by gross revenue and other key metrics.{{Cite web|url=https://www.law.com/thelegalintelligencer/2018/04/24/ten-pa-firms-make-am-law-100-with-mostly-steady-growth/|title=Ten Pa. Firms Make Am Law 100 With Mostly Steady Growth|website=The Legal Intelligencer}}
  • Reed Smith has been ranked a Top-tier Firm in Legal 500 German 2018 Rankings in seven categories, and 12 of the German partners received recommendations in their areas of specialty in the Legal 500 Germany 2018 handbook.{{cite web |title=Reed Smith LLP > Frankfurt > Germany {{!}} The Legal 500 law firm profiles |url=http://www.legal500.com/firms/3469-reed-smith-llp/23338-frankfurt-germany |website=www.legal500.com}}
  • The firm was ranked 6th of all US law firms in London.{{Cite web|url=https://www.thelawyer.com/top-50-us-law-firms-london-2017/|title = The Lawyer's Top 50 US law firms in London 2017|date = 8 May 2017}}
  • Reed Smith received 18 practice rankings and 42 individual lawyer recommendations in the 2018 edition of The Legal 500 Asia Pacific.{{cite web |title=Reed Smith Recognized by The Legal 500 Asia Pacific 2018 {{!}} News {{!}} Reed Smith LLP |url=https://www.reedsmith.com/en/news/2017/12/reed-smith-recognized-by-the-legal-500-asia-pacific-2018 |website=www.reedsmith.com |language=en}}
  • Reed Smith has been named a 2018 Top Ten Family Friendly Firm by Yale Law Women.{{Cite web|url=https://biglawbusiness.com/yale-law-women-names-top-10-female-friendly-firms/|title = Yale Law Women Names Top 10 Female-Friendly Firms}}
  • Reed Smith was named winner of the 2017 Chambers USA Product Liability "Best Firm" award and is also ranked 10th in the United States by media outlet Vault in the same practice group category.{{cite web |title=Best Law Firms for Products Liability |url=http://www.vault.com/company-rankings/law/best-law-firms-in-each-practice-area/?sRankID=209&pg=2 |website=www.vault.com |language=en}}
  • In 2017, Reed Smith was listed by Law360 as one of the top Global 20 Firms.{{Cite web|url=https://www.law360.com/articles/961879/law360-reveals-the-global-20-firms-of-2017|title=Law360 Reveals The Global 20 Firms Of 2017 - Law360|website=www.law360.com}}
  • Reed Smith named Private Equity Team of the Year at British Legal Awards 2017.{{cite web |title=Reed Smith named Private Equity Team of the Year at British Legal Awards 2017 {{!}} News {{!}} Reed Smith LLP |url=https://www.reedsmith.com/en/news/2017/11/reed-smith-private-equity-team-of-the-year-at-british-legal-awards-2017 |website=www.reedsmith.com |language=en}}
  • According to the National Law Journal's 2017 NLJ 500 ranking of firms based on size, Reed Smith has 1536 attorneys and is ranked 15th in the United States.
  • Ranked 17th on Law360's Global 20 Ranking in 2016.{{Cite web|url=https://www.law360.com/articles/807403/law360-reveals-the-global-20-firms-of-2016|title=Law360 Reveals The Global 20 Firms Of 2016 - Law360|website=www.law360.com}}
  • Legal Week's 2013 annual Client Satisfaction Report ranks Reed Smith #5 in the U.S. International firms category.{{Cite web|url=https://www.law.com/international-edition/|title=Global Legal News|website=Law.com International}}
  • Reed Smith ranked 8th on the 2013 inaugural "Social Index" of Am Law 50 Firms in survey ranking use of social media technologies.{{cite web |title=The Social Law Firm Index: Biglaw's New Media Mavens |url=http://abovethelaw.com/2014/01/the-social-law-firm-index-biglaws-new-media-mavens-2/#more-296346 |website=Above the Law|date=21 January 2014 }}
  • Reed Smith advances eight spots on Acritas' Sharplegal US Law Firm Brand Index 2014, earning recognition as a Top 20 U.S. brand.{{Cite web |url=http://www.acritas.com/SharplegalUSLawFirmBrandIndex2014 |title=US Law Firm Brand Index 2014 | Acritas |access-date=2014-03-18 |archive-date=2014-03-18 |archive-url=https://web.archive.org/web/20140318211727/http://www.acritas.com/SharplegalUSLawFirmBrandIndex2014 |url-status=dead }}
  • Ranked 19th among American law firms with the most gross revenue by AmLaw 100 in 2010.{{cite web|title=The Am Law 100 2010|url=http://www.law.com/jsp/tal/PubArticleTAL.jsp?id=1202489360193|publisher=ALM Legal Intelligence|access-date=10 April 2012|year=2010}}
  • Ranked 1st out of 411 law firms by The BTI Client Relationship Scorecard for building and maintaining client relationships, June 2009.{{cite web|title=The BTI Client Relationship Scorecard: Ranking Law Firm-Client Relationships 2009, Executive summary|url=http://www.bticonsulting.com/PDFs/CRS/TheBTIClientRelationshipScorecard_ExecSumm.pdf|publisher=BTI Consulting Group|access-date=10 April 2012|year=2009|archive-date=7 October 2011|archive-url=https://web.archive.org/web/20111007202117/http://www.bticonsulting.com/PDFs/CRS/TheBTIClientRelationshipScorecard_ExecSumm.pdf|url-status=dead}}

Reed Smith was listed as one of America's Best Corporate Law Firms{{Cite web|url=https://www.bticonsulting.com/litigation-outlook-powerhouse-law-firms|title=Powerhouse Law Firms|website=BTI Consulting Group|language=en-US|access-date=2018-10-19|archive-date=2018-10-19|archive-url=https://web.archive.org/web/20181019121927/https://www.bticonsulting.com/litigation-outlook-powerhouse-law-firms|url-status=dead}}{{Cite news|url=http://www.vault.com/company-rankings/law/best-law-firms-in-each-us-region/?sRankID=12|title=Best companies to work for{{!}}Vault.com|work=Vault|access-date=2018-11-30|language=en}} and one of the 20 world's strongest law firm brands in the 2018 Acritas Global Elite Law Firm Brand Index.{{Cite web|url=https://www.acritas.com/global-elite-law-firm-brand-index-2018|title = GLOBAL ELITE LAW FIRM BRAND INDEX 2018 | Acritas}}{{Cite web|url=https://bestlawfirms.usnews.com/profile/reed-smith-llp/rankings/31349|title=Reed Smith LLP - Rankings|website=bestlawfirms.usnews.com|access-date=2018-11-30}}{{Cite news|url=https://www.thelawyer.com/reed-smith/|title=Reed Smith – What The Lawyer Says|work=The Lawyer {{!}} Legal insight, benchmarking data and jobs|access-date=2018-11-30|language=en-GB}} It was also listed by market analysts Law360 and BTI Consulting as one of the 20 Elite Global Law Firms.

In the financial year of 2018-19 revenues at Reed Smith increased by 5% reaching $1.17 billion and profits per partner grew 7% to $1.26 million.{{cite web |title=Reed Smith Grows Revenue and Profits, Citing Strong Demand |url=https://www.law.com/thelegalintelligencer/2019/02/20/reed-smith-grows-revenue-and-profits-citing-strong-demand |website=The Legal Intelligencer |language=en}}{{Cite web|url=https://www.legalbusiness.co.uk/blogs/the-comeback-kid-return-to-form-as-reed-smith-hikes-london-revenue-19-to-222m/|title=The comeback kid: Return to form as Reed Smith hikes London revenue 18% to $222m|date=February 20, 2019|website=Legal Business}} Reed Smith's London office is the firm's largest and generating the 6th highest revenue of all US-law firms in the United Kingdom while highest-earning partners received a profit share of $3.3 million (£2.5 million) over 2017.{{cite web |title=Reed Smith's highest-paid picks up £2.5m in latest accounts |url=https://www.thelawyer.com/reed-smiths-highest-paid-picks-up-2-5m-in-latest-accounts/ |website=The Lawyer {{!}} Legal insight, benchmarking data and jobs |date=11 October 2018}}{{Cite web|url=https://www.thelawyer.com/top-us-law-firms-lateral-hires-london/|title = Top 50 US law firms: The firm dominating the London lateral market is|date = 4 May 2018}}File:Philander C Know-H&E.jpg Philander Knox|170px]]

Notable cases and transactions

  • The firm handled the US and EU competition clearance for Hong Kong shipping firm OOCL in its $6.3 billion acquisition by China's COSCO Shipping.{{cite web |title=Global 20: Reed Smith - Law360 |url=https://www.law360.com/articles/968679/global-20-reed-smith |website=www.law360.com |language=en}}
  • Advised United Group B.V. on the $3 billion sale to private equity firm BC Partners from investor Kohlberg Kravis Roberts.{{cite web |title=BC Partners acquires majority stake in United Group from KKR |url=https://www.telegeography.com/products/commsupdate/articles/2018/09/28/bc-partners-acquires-majority-stake-in-united-group-from-kkr/ |website=www.telegeography.com}}
  • Successfully dismissed a $6 billion FCA (False Claims Act) suit from the US Department of Justice on behalf of healthcare provider HCR Manor Care.{{cite web |title=DOJ Dropping ManorCare FCA Case After Witness Discredited - Law360 |url=https://www.law360.com/articles/983780/doj-dropping-manorcare-fca-case-after-witness-discredited |website=www.law360.com |language=en}}
  • Advised Netflix in its suit against Colorado Town over sales-tax bill.{{cite web |title=Netflix Sues Colorado Town Over $116K Sales-Tax Bill |url=https://www.courthousenews.com/netflix-sues-colorado-town-116k-sales-tax-bill/ |website=www.courthousenews.com}}
  • The firm represented Textainer Group Holdings, the world's largest lessor of intermodal containers based on fleet size, in completing the negotiation and documentation of an amendment to increase its revolving credit facility from $700 million to $1.5 billion.{{Cite web |url=https://markets.businessinsider.com/news/stocks/textainer-extends-reprices-and-increases-revolving-credit-facility-to-1-5-billion-1027586967 |title=Textainer Extends, Reprices, and Increases Revolving Credit Facility to $1.5 Billion | Markets Insider |access-date=2018-10-11 |archive-date=2018-10-11 |archive-url=https://web.archive.org/web/20181011133630/https://markets.businessinsider.com/news/stocks/textainer-extends-reprices-and-increases-revolving-credit-facility-to-1-5-billion-1027586967 |url-status=dead }}
  • Reed Smith advised Deutsche Bank on the sale of a $1 billion portfolio of shipping loans.{{Cite news|url=http://www.tradewindsnews.com/legal/1529091/reed-smith-usd-1bn-db-deal-just-the-start|title = Reed Smith: $1bn DB deal just the start | TradeWinds|newspaper = Tradewinds | Latest Shipping and Maritime News|date = 6 July 2018}}
  • Represents Russian company Concord Management and Consulting in the 2018 indictment on crimes related to interference in the United States 2016 and 2018 elections.{{Cite web|url=https://abovethelaw.com/2018/05/the-biglaw-firm-behind-the-russian-trolls-indicted-in-the-mueller-probe/|title = The Biglaw Firm Behind the Russian Trolls Indicted in the Mueller Probe|date = 7 May 2018}}{{Cite web|url=https://abovethelaw.com/2018/12/robert-mueller-has-nude-selfies-is-the-headline-that-defines-the-law-in-2018/|title='Robert Mueller Has Nude Selfies' Is The Headline That Defines The Law In 2018|last=Patrice|first=Joe|website=Above the Law|date=28 December 2018|language=en-US|access-date=2019-01-01}}
  • Reed Smith successfully defended artist Curtis Jackson, better known as 50 Cent, in a number of disputes including a suit accusing him of stealing content from a third party protected under copyright law.{{Cite web|url=https://www.law360.com/articles/406796/3rd-circ-clears-50-cent-of-copying-gangster-book|title=3rd Circ. Clears 50 Cent Of Copying Gangster Book - Law360|website=www.law360.com}}
  • Represented French luxury perfumes and cosmetics house Lancôme, part of the L'Oréal Luxury Products division, against actress Uma Thurman.{{Cite web|url=https://www.nydailynews.com/news/no-making-lancome-takes-uma-thurman-court-article-1.328715|title=No making up? Lancome takes Uma Thurman to court|first=JOSE|last=MARTINEZ|website=nydailynews.com}}
  • Represented global financial services holding company The Bank of New York Mellon as trustee or fiscal agent with respect to various bonds issued by governmental instrumentalities of the Commonwealth of Puerto Rico. The Commonwealth and its instrumentalities have approximately $70 billion in debt that they cannot afford to pay and are seeking to restructure.{{Cite web |url=https://cases.primeclerk.com/puertorico/Home-DownloadPDF?id1=NzExMTgz&id2=0 |title=Archived copy |access-date=2018-12-06 |archive-date=2018-12-07 |archive-url=https://web.archive.org/web/20181207045648/https://cases.primeclerk.com/puertorico/Home-DownloadPDF?id1=NzExMTgz&id2=0 |url-status=dead }}
  • Represented multinational financial services company in the largest municipal bankruptcy case in U.S. history in Jefferson County, Alabama, listing more than $4 billion in outstanding long-term debt as of the filing date.{{cite web |url=https://www.fjc.gov/sites/default/files/2017/Jefferson%20County%2011-05736%20Doc%20380%20-%20Objection%20to%20Eligibility%20and%20Motion%20to%20Dismiss%20Ch%209%20Petition.pdf |title=IN RE: JEFFERSON COUNTY, ALABAMA |publisher=UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ALABAMA SOUTHERN DIVISION }}
  • Reed Smith represented BNY Mellon to fend off a $539 million suit brought by bondholders against the bank in the Argentina bond default litigation.{{Cite web|url=https://www.law360.com/articles/590925/bny-doesn-t-have-to-turn-over-539m-to-argentina-creditors|title=BNY Doesn't Have To Turn Over $539M To Argentina Creditors - Law360|website=www.law360.com}}
  • Represented Toyota Motor Credit Corp. in securing $15 billion in financing through a syndicated credit facility.{{Cite web|url=https://www.reedsmith.com:443/en/news/2015/11/reed-smith-advises-toyota-motor-credit-corporation|title=Reed Smith Advises Toyota Motor Credit Corporation in $15 Billion Financing | News | Reed Smith LLP|website=www.reedsmith.com}}
  • Advised the Civil Aviation Authority (United Kingdom) pension scheme on a buy-in worth over £1.6 billion with specialist insurer Rothesay Life.{{cite web|url=https://www.pensionsworld.co.uk/article/rothesay-life-completes-%C2%A316bn-buy-caaps|title=Rothesay Life completes £1.6 billion buy-in with CAAPS|access-date=2016-08-29|archive-date=2017-02-10|archive-url=https://web.archive.org/web/20170210094944/https://www.pensionsworld.co.uk/article/rothesay-life-completes-%C2%A316bn-buy-caaps|url-status=dead}}
  • Reed Smith successfully defended Nintendo against a number of patent disputes by Motion Games.{{Cite web|url=https://www.law360.com/articles/794489/fed-circ-backs-nintendo-s-ptab-win-on-game-patent|title=Fed. Circ. Backs Nintendo's PTAB Win On Game Patent - Law360|website=www.law360.com}}

File:Opernturm (UBS) und Alte Oper Frankfurt-2012-Ffm-b.jpg next to Alte Oper|250px]]

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Notable staff

Attorneys who have worked at Reed Smith include:

Popular culture

The firm is depicted in Laurence Leamer's book The Price of Justice.{{cite web| url = http://www.post-gazette.com/stories/business/news/leamer-book-recounts-how-attorneys-tackled-wva-coal-campaigns-and-cash-687857/| url-status = dead| archive-url = https://web.archive.org/web/20130619133526/http://www.post-gazette.com/stories/business/news/leamer-book-recounts-how-attorneys-tackled-wva-coal-campaigns-and-cash-687857| archive-date = 2013-06-19| title = 'The Price of Justice' recounts how attorneys tackled W.Va. coal, campaigns and cash - Pittsburgh Post-Gazette}}

Offices

As of January 2018, Reed Smith has 28 offices across three continents. While Pittsburgh and Philadelphia were the two earliest offices practicing law, the London office is the largest office, with over 350 attorneys.{{cite web|title=London|url=http://www.reedsmith.com/London-England/|publisher=Reed Smith|access-date=10 March 2015|date=4 March 2014}}{{cite web|title=Pittsburgh|url=http://www.reedsmith.com/Pittsburgh-United-States-of-America/|publisher=Reed Smith|access-date=10 March 2015|date=4 March 2014}}{{cite web|title=Top 10: Largest Pittsburgh-area law firms|url=http://www.bizjournals.com/pittsburgh/slideshow/2013/01/18/top-10-largest-pittsburgh-area-law-firms.html|publisher=Pittsburgh Business Times|access-date=10 March 2015|date=18 January 2013}}

In addition to its offices, Reed Smith has a Global Customer Centre, also located in Pittsburgh, Pennsylvania. It houses Reed Smith's 24/7/365 firm-wide administrative operations, including the Network Operating Center, IT Help Desk and the Business Centre.{{cite web|title=Global Customer Centre|url=http://www.reedsmith.com/Global-Customer-Centre-United-States-of-America/|publisher=Reed Smith|access-date=10 March 2015|date=4 March 2014}}

See also

References

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