(September 5, 2012) – Reed Smith LLP, a leading international law firm, achieved high marks in BTI Consulting Group’s BTI Litigation Outlook 2013: Changes, Trends and Opportunities for Law Firms.
Reed Smith earned top ranking as a “Powerhouse” in IP Litigation, Complex Commercial Litigation, and Routine Commercial Litigation, as well as accolades in other litigation specialties. According to BTI’s newest report, nearly $21 billion is spent on U.S. litigation by the world’s largest companies, and commercial litigation captures $3 of every $10 spent on litigation, 1.5 times more than any other litigation specialty.
“This is well-deserved recognition for our group and our attorneys worldwide,” said Alexander “Sandy” Thomas, Global Chair of Reed Smith's Litigation Department, which includes more than 850 lawyers practicing in 23 offices located in the United States, Europe, the Middle East and Asia. “In today’s fast-paced and often contentious business environment, litigation services are increasingly in demand. We’re honored that companies in all sectors at every scale entrust their litigation and dispute resolution matters to Reed Smith.”
Reed Smith’s Class Action & Tort Litigation and Complex Employment Litigation practices were rated as “Standouts,” among the world’s top firms. And the firm’s Securities & Finance Litigation and Product Liability Litigation practices earned “Honor Roll” recognition.
The BTI report shows employment litigation is the second largest litigation market – and one of the past year’s top growth areas – and that IP litigation is the third largest market and has grown the fastest of all, climbing more than 65 percent since 2005.
Reed Smith also achieved “Honor Roll” status as one of the globe’s “Most Feared Litigation Firms.”
These honors come on the heels of Reed Smith’s 2012 recognition by The American Lawyer as having the third largest litigation practice by number of lawyers among U.S.-based law firms.
Reed Smith’s litigation clients include financial services firms, insurance policyholders, life science companies, health care providers, retailers, media companies, technology companies and entrepreneurs, energy and natural resources companies, transport and logistics operators, communications companies, manufacturers, universities, nonprofits, real estate developers, and municipalities.,
The firm’s U.S. litigation practice is focused on advising businesses regarding critical disputes and mass tort litigation; its lawyers have an impressive record of sharply limiting and disposing of class actions and mass litigations. In Europe, the Middle East and Asia, Reed Smith has a wide-ranging disputes practice, with an emphasis on high-value, complex international disputes in a variety of sectors and industries. The firm’s lawyers work together, across geographical and industry lines, to provide the highest quality advice and representation to its diverse litigation clients.
About Reed Smith
Reed Smith is a global relationship law firm with nearly 1,700 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 and natural resources, real estate, manufacturing, and education. For more information, visit reedsmith.com.
U.S.: New York, Chicago, Los Angeles, Washington, San Francisco, Philadelphia, Pittsburgh, Princeton, Northern Virginia, Wilmington, Silicon Valley, Century City, Richmond
Europe: London, Paris, Munich, Greece
Middle East: Abu Dhabi, Dubai
Asia: Hong Kong, Beijing, Shanghai