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.[5]
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;[6][7] 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."[8] 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.[8] 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.[9][10]
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.[11]
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.[12] 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.[5] In 2007 Reed Smith merged with UK law firm, Richards Butler, which added offices in France, Greece, the Middle East and Hong Kong.[13] 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.[14]
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.[12]
Reed Smith opened their second German office in 2015 in Frankfurt, Germany's financial center, to meet growing client demand in the German market.[15]
In 2016, Reed Smith entered into a formal alliance with Singapore firm Resource Law.[16] A year later the firm opened a new office in Miami.[17]
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.[18]
In 2018, Reed Smith hired 14 lawyers from competitor Norton Rose Fulbright and added a new office in Austin, Texas.[19] 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.[20]
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.[21]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.[22]
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.[23]
Legal media outlet "The American Lawyer" awarded Reed Smith with its top Pro Bono Award in 2018.[24]
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.[25]
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.[26][27]
Reed Smith was ranked 5th in the Vault Best Law Firms in the Mid-Atlantic ranking.[28]
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.[29]
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.[30]
The firm was ranked 6th of all US law firms in London.[31]
Reed Smith received 18 practice rankings and 42 individual lawyer recommendations in the 2018 edition of The Legal 500 Asia Pacific.[32]
Reed Smith has been named a 2018 Top Ten Family Friendly Firm by Yale Law Women.[33]
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.[34]
In 2017, Reed Smith was listed by Law360 as one of the top Global 20 Firms.[35]
Reed Smith named Private Equity Team of the Year at British Legal Awards 2017.[36]
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.[11]
Ranked 17th on Law360's Global 20 Ranking in 2016.[37]
Legal Week's 2013 annual Client Satisfaction Report ranks Reed Smith #5 in the U.S. International firms category.[38]
Reed Smith ranked 8th on the 2013 inaugural "Social Index" of Am Law 50 Firms in survey ranking use of social media technologies.[39]
Reed Smith advances eight spots on Acritas' Sharplegal US Law Firm Brand Index 2014, earning recognition as a Top 20 U.S. brand.[40]
Ranked 19th among American law firms with the most gross revenue by AmLaw 100 in 2010.[41]
Ranked 1st out of 411 law firms by The BTI Client Relationship Scorecard for building and maintaining client relationships, June 2009.[42]
Reed Smith was listed as one of America's Best Corporate Law Firms[43][44] and one of the 20 world's strongest law firm brands in the 2018 Acritas Global Elite Law Firm Brand Index.[45][46][47] It was also listed by market analysts Law360 and BTI Consulting as one of the 20 Elite Global Law Firms.[35][25]
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.[48][49] 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.[50][51]
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.[52]
Successfully dismissed a $6 billion FCA (False Claims Act) suit from the US Department of Justice on behalf of healthcare provider HCR Manor Care.[54]
Advised Netflix in its suit against Colorado Town over sales-tax bill.[55]
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.[56]
Reed Smith advised Deutsche Bank on the sale of a $1 billion portfolio of shipping loans.[57]
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.[60]
Represented French luxury perfumes and cosmetics house Lancôme, part of the L'Oréal Luxury Products division, against actress Uma Thurman.[61]
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.[62]
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.[63]
Reed Smith represented BNY Mellon to fend off a $539 million suit brought by bondholders against the bank in the Argentina bond default litigation.[64]
Represented Toyota Motor Credit Corp. in securing $15 billion in financing through a syndicated credit facility.[65]
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.[69][70][71]
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.[72]
L Eiquador, oufecialmente República de l Eiquador (Spanhol: República del Ecuador) ye un paíç de la América de l Sul, lemitado la norte pula Colómbia, la leste i sul pul Peru i la oeste pul Ouceano Pacífico. Sue capital ye Quito. Commons L Commons ten multimédia relacionada cun: Eiquador
Pusat Kesehatan Masyarakat (Puskesmas) Sungai Mariam di Kutai Kartanegara, Kalimantan Timur. Di Indonesia, pelayanan kesehatan (disingkat yankes) dikelompokkan menjadi pelayanan kesehatan primer, rujukan, tradisional, dan komplementer. Pemerintah Indonesia melalui Direktorat Jenderal Pelayanan Kesehatan yang berada di bawah Kementerian Kesehatan Republik Indonesia merupakan instansi yang bertanggung jawab merumuskan dan melaksanakan kebijakan di bidang pelayanan kesehatan. Belanja pemerintah ...
بنجامين فنكل معلومات شخصية اسم الولادة (بالإنجليزية: Benjamin Franklin Finkel) الميلاد سنة 1865بلدة أماندا، مقاطعة فيرفيلد، أوهايو[1] الوفاة 1947 (81–82 سنة)سبرينغفيلد الجنسية الولايات المتحدة الأمريكية الحياة العملية المدرسة الأم جامعة بنسيلفانيا المهنة رياضيا...
US 19th-century suffrage organization National Woman Suffrage AssociationAbbreviationNWSASuccessorNational American Woman Suffrage Association (NAWSA)Formation1869Dissolved1890Key peopleSusan B. Anthony, Elizabeth Cady Stanton The National Woman Suffrage Association (NWSA) was formed on May 15, 1869, to work for women's suffrage in the United States. Its main leaders were Susan B. Anthony and Elizabeth Cady Stanton. It was created after the women's rights movement split over the proposed Fift...
RheinstadionLokasiLokasiDüsseldorf, JermanKonstruksiDibukaSeptember 1925Direnovasi1974Ditutup22 Juni 2002Dihancurkan6 November 2002ArsitekHeinrich Freese (1925)Friedrich Tamms and Emil Beyer (1974)Data teknisPermukaanRumputKapasitas54.000PemakaiFortuna Düsseldorf (1974–2002)Rhein Fire (1995–2002) Rheinstadion adalah sebuah stadion multi-fungsi yang terletak di Düsseldorf, Jerman. Stadion ini dibangun dekat Rhine pada tahun 1926. Kapasitas stadion ini adalah 54.000 orang hingga stadion ...
This article's lead section may be too short to adequately summarize the key points. Please consider expanding the lead to provide an accessible overview of all important aspects of the article. (August 2016) This is a list of characters from the TV sitcom Red Dwarf. Major characters Overview Main cast of Red Dwarf Character Actor Seasons I II III IV V VI VII VIII IX n X XI XII XIII n Arnold Rimmer Chris Barrie Main Recurring Main Dave Lister Craig Charles Main The Cat Danny John-Jules Main K...
2005 studio album by PegzAxisStudio album by PegzReleased25 September 2005RecordedObese Studios / Crossbreed StudiosGenreHip hopLength45:35LabelObeseProducerPlutonic Lab, SuffaPegz chronology Capricorn Cat(2003) Axis(2005) Burn City(2007) Professional ratingsReview scoresSourceRatingAustralian Music Online(not rated) [1]In the Mix(not rated) [2]Groove On(not rated) [3] Axis is the second album released by Australian hip hop artist MC Pegz. It was released in 20...
Chileense presidentsverkiezingen 1851 Datum 25 en 26 juni 1851 Land Chili Nieuwe President Manuel Montt Torres Vorige President Manuel Bulnes Prieto Opvolging verkiezingen ← 1846 1856 → Portaal Politiek Politiek De Chileense presidentsverkiezingen van 1851 vonden op 25 en 26 juni van dat jaar plaats. De verkiezingen werden gewonnen door Manuel Montt Torres. Kandidaat Partij Stemmen Percentage Manuel Montt Torres Partido Conservador 132 81,48% José María de la ...
Это список эндемичной фауны Пуэрто-Рико. Этот список сортируется в алфавитном порядке по научному названию вида, которые находятся в скобках. Содержание 1 Птицы 2 Ракообразные 3 Насекомые 4 Моллюски 5 Многоножки 6 Рептилии/амфибии 7 Пауки 8 Вымершие животные 9 Примечания 10 С...
Czechoslovak general This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: Bedřich Neumann – news · newspapers · books · scholar · JSTOR (June 2021) (Learn how and when to remove this template message) Bedřich Neumann (3 April 1891[1] – 15 July 1964) was a Czechoslovak general. He served in the World W...
Village in Illinois, United StatesOak Lawn, IllinoisVillage FlagSealLocation of Oak Lawn in Cook County, IllinoisLocation of Illinois in the United StatesCoordinates: 41°42′54″N 87°45′12″W / 41.71500°N 87.75333°W / 41.71500; -87.75333Country United StatesState IllinoisCountyCookTownshipWorthIncorporated1909Government • TypeCouncil–manager • PresidentTerry VordererArea[1] • Total8.57 sq mi (22...
Japanese volleyball player In this Japanese name, the surname is Araki. Erika ArakiPersonal informationNicknameEricaBorn (1984-08-03) 3 August 1984 (age 39)Kurashiki, Okayama, JapanHeight1.86 m (6 ft 1 in)Weight78 kg (172 lb)Spike318 cm (125 in)Block312 cm (123 in)Volleyball informationPositionMiddle blockerNumber11 (2008-2010, 2016-2020)5 (2012)Career YearsTeams 2003–20082008–20092009–20132014–20162016–2021 Toray Arrows Foppapedrett...
McVilly c. 1912 Richard William McVilly LVO (1862 – 6 April 1949) was the General Manager of New Zealand Railways from 1919 to 1924.[1] Biography Early life and career Born in Otago and educated in Dunedin and Invercargill, he joined the railways department in 1879. He was a lawyer and acted in court for the railways department, e.g. in 1909 before the North Island Railway Appeal Board.[2] During World War I his predecessor E. H. Hiley was serving in the New Zealand Expediti...
World record attempt Largest Human Flag of NepalDate23 August 2014 (2014-08-23)LocationTundikhel, KathmanduOrganised byHuman Values for Peace and ProsperityParticipants35,907 The Largest Human Flag of Nepal was an event organized to form the world's largest human national flag in Kathmandu. It was organized on 23 August 2014 by Human Values for Peace and Prosperity, an NGO in Nepal with the slogan ”Breaking the Records to Unite the Hearts”. More than 35,000 Nepalese gathere...
لمعانٍ أخرى، طالع ستانلي ويلسون (توضيح). هذه المقالة يتيمة إذ تصل إليها مقالات أخرى قليلة جدًا. فضلًا، ساعد بإضافة وصلة إليها في مقالات متعلقة بها. (أبريل 2019) ستانلي ويلسون معلومات شخصية الميلاد 25 نوفمبر 1915[1] نيويورك الوفاة 12 يوليو 1970 (54 سنة) أسبن مواط...
Major League Baseball franchise in Milwaukee, Wisconsin This article is about the present-day Major League Baseball team. For other uses, see Milwaukee Brewers (disambiguation). Milwaukee Brewers 2023 Milwaukee Brewers seasonEstablished in 1969Based in Milwaukee since 1970 Team logoCap insignia Major league affiliations National League (1998–present) Central Division (1998–present) American League (1969–1997) Central Division (1994–1997) East Division (1972–1993) West Division (1969...
Kabupaten Tulang Bawang BaratKabupatenTranskripsi bahasa daerah • Aksara LampungDari atas, kiri ke kanan; Islamic Center Tulang Bawang Barat, Tugu Rato Naga Besanding, Pasar Modern Pulung Kencana, dan Monumen Megou Pak (Empat Marga). LambangMotto: Ragem sai mangi wawai(Lampung) Bersama menuju kebaikanPetaKabupaten Tulang Bawang BaratPetaTampilkan peta SumatraKabupaten Tulang Bawang BaratKabupaten Tulang Bawang Barat (Indonesia)Tampilkan peta IndonesiaKoordinat: 4°26′2...
Human settlement in EnglandBarninghamBarninghamBarninghamLocation within County DurhamPopulation241 (Including Scargill.2011)[1]OS grid referenceNZ08521045Unitary authorityCounty DurhamCeremonial countyCounty DurhamRegionNorth EastCountryEnglandSovereign stateUnited KingdomPost townRichmondPostcode districtDL11PoliceDurhamFireCounty Durham and DarlingtonAmbulanceNorth East UK ParliamentBishop Auckland List of places UK England County Durham 54°...
2023 single by Becky G and Gabito BallesterosLa NenaSingle by Becky G and Gabito Ballesterosfrom the album Esquinas LanguageSpanishEnglish titleThe GirlReleasedJune 28, 2023 (2023-06-28)GenreRegional MexicanLength2:44Label Kemosabe RCA Sony Latin Songwriter(s) Rebbeca Marie Gomez Edgar Barrera Daniel Candia Producer(s) Barrera Simone Torres Becky G singles chronology Chanel (2023) La Nena (2023) Cough (Remix) (2023) Gabito Ballesteros singles chronology La Mamoncita del...