(November 25, 2009, Washington, D.C.) – Reed Smith LLP, a leading global law firm, today announced its selection as Public Procurement Law Firm of the Year for North America by ACQ Acquisition Finance Magazine.

“We are honored by this prestigious recognition from ACQ Acquisition Finance Magazine,” said Jason P. Matechak, a partner in Reed Smith’s Washington, D.C. office and one of the firm’s attorneys active in public procurement. “This has been a busy year in the public procurement sector.  The U.S. government’s stimulus initiatives have attracted more non-U.S. companies into the domestic procurement market and contingency contracting and international development efforts in Iraq and Afghanistan continue to push U.S. contractors into the global arena.  Reed Smith counts itself as fortunate to be in a position to deliver consistently successful and high quality services to our clients as the international procurement marketplace continues to evolve.  ACQ’s acknowledgement of our efforts and accomplishments is truly gratifying.” 

James P. Gallatin, Jr., who serves as Practice Group Leader for the firm’s 140 lawyer strong Global Regulatory Enforcement Group added, “I am particularly pleased to see that our public procurement practice recognized by a European-based organization for our work here in the U.S.  While, Reed Smith has always been known for its U.S. domestic procurement work, I have to believe that our colleagues in our London, Paris, Munich, and Abu Dhabi and Dubai offices, have helped raise the awareness of Reed Smith’s public procurement practice to a global audience.  ACQ’s award is not only recognition of our top level tactical service to our clients wherever needed, but also our strategic vision in forming our Global Regulatory Enforcement Group to meet our clients needs.”

Reed Smith’s Public Procurement/Government Contracts practice provides client counseling on a full spectrum of competition matters including contract formation and bid challenges, compliance matters including implementing policies and conducting training, and dispute resolution issues including claims, audits, investigations, and termination and closeout procedures.  While Reed Smith's Public Procurement lawyers are known for their strategic and tactical skills in government contracting law and procedure, they also are noted for their cross-discipline expertise in areas that are related to Public Procurement including export controls, sanctions enforcement, Foreign Corrupt Practices compliance, Committee on Foreign Investment in the United States (“CFIUS”) counseling, country of origin restrictions, import practices, and national security issues.  Reed Smith has nearly 20 attorneys in its U.S. offices representing clients in matters involving public procurement and government contracts.

ACQ Acquisition Finance Magazine’s 2009 Law Awards recognize firms that performed to exceptional levels over the past year. The magazine’s editors note that all of the 2009 awardees achieved distinction within a very challenging global economic context. This year the awards were presented across 35 geographic regions. Winners were judged by ACQ Finance Magazine’s editors, based on an online poll of voters directly involved in corporate finance.

Founded in 2003, ACQ is published monthly for professionals in the corporate finance industry. Distributed across the globe, it features transaction reports, news and analysis.

About Reed Smith

Reed Smith is a global relationship law firm with nearly 1,600 lawyers in 23 offices throughout the United States, Europe, Asia and the Middle East.  Founded in 1877, the firm represents leading international businesses, from Fortune 100 corporations to mid-market and emerging enterprises.  Its lawyers provide litigation and other dispute resolution services in multi-jurisdictional and other high-stakes matters; deliver regulatory counsel; and execute the full range of strategic domestic and cross-border transactions.  Reed Smith is a preeminent advisor to industries including financial services, life sciences, health care, advertising, technology and media, shipping, energy trade and commodities, real estate, manufacturing, and education.  For more information, visit reedsmith.com

U.S.: New York, Chicago, Los Angeles, Washington, San Francisco, Philadelphia, Pittsburgh, Oakland, Princeton, Northern Virginia, Wilmington, Silicon Valley, Century City, Richmond

Europe: London, Paris, Munich, Greece

Middle East:  Abu Dhabi, Dubai

Asia: Hong Kong, Beijing