(September 24, 2012, New York) Reed Smith, a leading international law firm, and Athens-based law firm Papapolitis & Papapolitis (P&P), have today announced a formalized strategic alliance. Following two years of an informal working relationship, the new alliance will allow the two firms to join forces and work together on the large projects and transactions anticipated in Greece as a result of the economic situation and ongoing structural reforms. The alliance will draw upon each firm’s strengths and resources in specific areas to meet client needs.

Reed Smith has a well established Greek office in Piraeus, as noted by leading legal directories Chambers and Partners and The Legal 500, in the areas of shipping, life sciences, commercial disputes and corporate matters. P&P holds a leading position in the Greek market and is known for its high-quality advice in banking, finance, capital markets, corporate and M&A, dispute resolution and real estate. P&P has received numerous awards and is routinely rated as a leading firm and recommended by legal directories such as The Legal 500 and IFLR1000.

“With this new alliance, we have an even stronger platform in the Greek legal market and an ability to deal with even larger and more complex projects serving our clients’ growing needs," said John Reece, Reed Smith’s office managing partner in Greece. “Our newly formalized strategic alliance will ensure both firms are in an exceptional position to provide clients with seamless expertise both locally in Greece and internationally across Europe, the Middle East, Asia and the United States.”

John Papapolitis, managing partner of Papapolitis & Papapolitis added, “We have worked closely with Reed Smith on a number of global finance and corporate matters, as our clients increasingly look for legal advice regarding their outbound investments. We are very pleased to now formalize this relationship and look forward to further enhancing our unique offering within the Greek market to both firms’ clients through this alliance.”

About Papapolitis & Papapolitis

Based in Greece, Papapolitis & Papapolitis is a full service, client oriented business law firm offering comprehensive legal services in the areas of Banking, Finance & Capital Markets, Corporate Governance, Corporate and M&A, Dispute Resolution, Real Estate and Tax.

For more information please visit www.papapolitis.com.

About Reed Smith

Reed Smith is a international law firm, with 23 offices and nearly 1,700 lawyers in offices across Europe, the Middle East, Asia and the United States.

For more information please visit www.reedsmith.com.