Reed Smith posted a healthy 5.1% increase in revenues in 2020, bringing the top line to $1.31 billion after staring down the uncertain realities of the early days of the pandemic with a set of pay cuts for associates, staff and partners, followed by minimal layoffs.

“Our frame of mind a year ago was, however we’re going to manage our way through what was unquestionably an unpredictable set of circumstances, we need to act swiftly and confidently and we needed to do what was best for Reed Smith,” said global managing partner Alexander “Sandy” Thomas.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]