The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
US firm Reed Smith today announced it will merge its two New Jersey offices and wind down operations in Newark by early 2007.
The move is part of Reed Smith’s attempts to internationalise the firm ahead of its trans-Atlantic merger with the UK's Richards Butler.
"As Reed Smith continues its growth and evolution into a leading international law firm, we continue to assess where and how to operate to best serve our clients," said managing partner Greg Jordan in a statement.
The four partners currently working out of the firm's Newark office will be moving to Reed Smith's Princeton office in the coming months.
"When combined with the firm's substantial presence in Princeton, our strong growth in New York City has led us to conclude that we can serve our clients in New York and New Jersey from those two offices," continued Jordan.
The firm stated that the move should not adversely affect service to New Jersey clients, which include a large chunk of the firm’s life sciences and healthcare sector clients.
The firm's statement concluded: "Reed Smith is in the process of discussing employment and severance options with staff and associates, with a goal of maximizing continued employment opportunities."