Reed Smith
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| No. of offices | 26 |
|---|---|
| No. of attorneys | 1,700+ |
| Major practice areas | Life Sciences & Health, Energy & Natural Resources, Financial, Entertainment & Media, Shipping & Transportation |
| Revenue |
 $1.15 billion (2014) |
| Profit per equity partner |
$1.2 million (2014) |
| Date founded | 1877 (Pittsburgh) |
| Founder | Philander Knox and James Hay Reed |
| Company type | Limited liability partnership |
| Slogan | The business of relationships. |
| Website | |
| www.reedsmith.com | |
Reed Smith LLP is a global law firm, with more than 1,700 lawyers in 26 offices throughout the United States, Europe, the Middle East and Asia. Its lawyers provide litigation and other dispute resolution services, deliver regulatory counsel, and execute strategic domestic and cross-border transactions. Reed Smith is an advisor to industries including financial services, life sciences, health care, advertising, technology and media, shipping, energy and natural resources, real estate, manufacturing, and education.
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. Reed Smith's shipping practice has been designated among the most preeminent in the world, and its advertising law practice is regarded as among the legal industry's finest.
In 2016, Reed Smith was listed by Law 360 as one of the Global 20 Firms, firms that have the biggest global presence and handled the largest, most groundbreaking international and cross-border matters.
In 2014, revenues at Reed Smith reached a record breaking $1.15 billion. Profits per partner grew 6% to $1,200,000.00, while revenue per lawyer increased by 2% to $703,000.00.
Reed Smith was founded in Pittsburgh in 1877 by Philander C. Knox and James H. Reed. The two partners soon created a symbiotic relationship with the American industrial tycoon, Andrew Carnegie, the creator of U.S. Steel, the world's first billion-dollar corporation. Soon after, other large businesses such as, Heinz (company), Mellon and Frick joined the firm's client roster. In the 1880s, Edwin W. Smith and other partners joined the firm and in 1922 the firm adopted the name Reed Smith Shaw & McClay, a name that would stand until being shortened in 2000. During the New Deal era, Reed Smith established a securities practice and partner Ralph H. Demmler became chair of the Securities and Exchange Commission.
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