Reed Smith Gains Approval For ABS Move
The shift was delayed due to regulatory requirements.
November 04, 2019 at 04:15 AM
2 minute read
Reed Smith's U.K. business's long-awaited move to an alternative business structure (ABS) has been given the green light.
The U.S. firm's U.K. limited liability partnership (LLP) has been granted approval by U.K regulator the Solicitors Regulation Authority (SRA) to make the switch, two years after the firm first mooted the idea.
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