Reed Smith Closes In On Move to Alternative Business Structure
The firm had initially hoped to make the change earlier this year.
August 07, 2019 at 07:29 AM
2 minute read
Reed Smith expects to move its U.K. limited liability partnership (LLP) to an alternative business structure (ABS) this year, after regulatory requirements slowed the process.
The firm's Europe and Middle East managing partner Tamara Box told Legal Week that the business is "committed" to the move and expects the change to take place before the end of 2019.
The firm's U.K. LLP consists of operations in London, France, the UAE, Greece, the PRC and Singapore.
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