The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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 and Richards Butler have today announced that they have signed a letter of intent to complete a full merger by 1 January, 2007.
Merger negotiations have reached an advanced stage with votes by both partnerships scheduled for the end of May, subject to due diligence.
The merger is set to create a new firm of more than 1,300 lawyers with global revenues of $725m predicted.
The new firm wil be known as Reed Smith, with exceptions in certain markets such as London where the practice will use the name Reed Smith Richards Butler.
Under the merger proposal the new firm will be led by Greg Jordan (Reed Smith managing partner) as firmwide managing partner with Roger Parker of Richards Butler joining Reed Smith’s senior management team and taking the role of European managing partner.
Reed Smith managing partner Greg Jordan said the two firms saw “eye-to-eye on the strategic need to merge”.
“We have been strengthening our London presence for some time to use as the springboard for further expansion in Europe and into the far east,” he said.