The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Reed Smith’s big project last year was its merger with Richards Butler. The firm’s UK turnover will be boosted next year by around £50m-£60m from Richards Butler, instantly making it one of the largest US firms in London.
The Lawyer revealed Reed Smith’s merger with the UK firm in April 2006, after which the two firms went full steam ahead to finalise the link-up on 1 January 2007.
The deal will particularly boost Reed Smith’s litigation team, which currently accounts for around a third of UK turnover; corporate accounts for 36.4 per cent of UK turnover.
The firm’s corporate successes have mainly been focused on AIM, with a strong niche in the pharmaceutical and life sciences sectors.