Reed Smith law firm is a global law firm with its headquarters in Pittsburgh, Pennsylvania. It has more than 1,500 lawyers in 30 offices in the United States, Europe, the Middle East, and Asia.
In 1877, Philander C. Knox and James H. Reed set up Reed Smith in Pittsburgh. The two partners made a deal with Andrew Carnegie, an American business magnate, and the firm grew along with Carnegie’s business. Large companies, like Heinz, and famous people, like Andrew Mellon (now The Bank of New York Mellon) and Henry Clay Frick, joined the firm’s client list. Many of these people, like Carnegie, Knox, and Reed, were also members of the South Fork Fishing and Hunting Club.
Do You Know About Firm’s Partner?
In the 1880s, Edwin W. Smith and other partners joined the firm. In 1922, Reed Shaw & McClay became the name of the firm. During the time of the New Deal, Reed started a practice in securities, and one of its partners, Ralph H. Demmler, went on to lead the Securities and Exchange Commission.
Do You Know the Motive of Daniel Johnson Morrell?
Even though the Club had a history of not fixing the South Fork Dam, which was pushed for by Daniel Johnson Morrell, the general manager of the Cambria Iron Company and a member of the 40th and 41st U.S. Congresses who joined the Club to keep an eye on the dam’s condition, club members Knox and Reed were able to fight off four lawsuits that blamed them for the Johnstown Flood of 1889. Each case was “either settled or dropped, and as far as we know, no one who brought the lawsuit made money from it”.
The Club was never found guilty in court for what happened. Knox and Reed were able to prove that the dam breaking was an act of God and not a natural disaster. This meant that the survivors of the flood did not get any legal compensation. “Strict, joint, and several liabilities” made it possible for a “non-negligent defendant” to be held responsible for damage affected by the unnatural use of land. From 1970 until now, the firm has gone through a series of mergers and purchases that have made it one of the biggest law firms in the world.
Why did Reed Smith Merge with Other Companies?
In the 1970s, Firm opened an office in Washington, DC. It merged with the Washington firm Pierson, Ball & Dowd, gaining a health care practice in 1989. After that year Firm opened new offices in New York and New Jersey and bought Hazel & Thomas, a firm in Northern Virginia.
How did Reed Smith Become International Law Firm?
During the 2000s, Reed Smith grew quickly around the world. Reed Smith became an international company when it bought the U.K. law firm, Warner Cranston in 2001. Four years later, it opened offices in Paris and Munich. It opened an office in Delaware and merged with Crosby, Heafey, Roach & May, a law firm in California. This made the firm one of the 20 largest in the U.S. Reed merged with Richards Butler, a law firm in the U.K., in 2007. This gave firms offices in France, Greece, the Middle East, and Hong Kong. Market analyst Adviser Rankings says that the total market capitalization of Smith’s stock market clients in the U.K. is the third highest of all U.S. law firms.
Do You Know About Resource Law?
In 2016, Smith made a formal partnership with a law firm in Singapore called Resource Law. The company opened a new office in Miami a year later.
Who is Former Chief Compliance Officer in Firm?
Reed Smith hired General Electric’s former Chief Compliance Officer, Lewis Zirogiannis, as a partner for its global regulatory enforcement practice in San Francisco on April 30, 2018. Smith added a new office in Austin, Texas, and hired 14 lawyers from a competitor, Norton Rose Fulbright.
Craig Lilly, a lawyer with experience in technology, mergers and acquisitions (M&A), and private equity, joined the firm in January 2020. Lilly used to be in charge of the Silicon Valley, corporate practice group at Greenberg Traurig.
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- Sidley Austin
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- White & Case
- Norton Rose Fulbright
- Doug Wright Holland & Knight
What do You Know About Firm’s Germany Office?
In 2015, Smith opened their second office in Germany in Frankfurt, which is the country’s financial center. They did this to meet the growing demand from clients in Germany.
Do You Know About the Offices of Law Firm?
Reed has 28 offices on three continents as of January 2018. Even though the first two offices to practice law were in Pittsburgh and Philadelphia, the London office is the largest and has more than 350 lawyers. Reed Smith also has a Global Customer Centre in Pittsburgh, Pennsylvania, which is also where its offices are.
Chambers USA says that the firm helps clients with bankruptcy, insurance, finance, mergers, and acquisitions & general litigation. The firm has 43 Chambers USA rankings in areas like entertainment and media, life sciences, shipping, and finance. Chambers UK gives Smith top rankings for its work in shipping, media and entertainment, commodities, and insurance.
The Law firm is also ranked in London for its corporate M&A practice and a number of other areas. Chambers Global also gives it high marks for its work in shipping litigation and climate change law.
Do You Know About the Position of Firm?
Acritas Global Elite Law Firm Brand Index, Smith, stayed as one of the top twenty law firm brands in the world. In 2018, the legal news magazine “The American Lawyer” gave Smith its top Pro Bono Award.
Reed Smith was named to the BTI Global Elite in 2018, which is a list of 28 law firms with the biggest impact on corporate counsel’s key brand activities that affect hiring and selection and expanding business.
Is Reed Firm Won Award?
The firm achieve the i-law Maritime Law Award at the Lloyd’s List Global Awards. Since 1734, Lloyd’s List has been a trusted source for maritime news. The award is given to people in the shipping and maritime industry who have shown excellence and leadership. Also, the head of Reed Smith’s global Shipping Group has been named the top maritime lawyer of 2018 by Lloyd’s List.
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