“We are very pleased to see our commitments to innovation, client value, and custom client solutions recognized in this way,” said Sandy Thomas, Reed Smith’s global managing partner. “We are especially grateful to the team at Eisai and our colleagues at Gravity Stack, who are helping to build the law firms and legal departments of the future.”
For Best Legal Services Innovation, The American Lawyer honored Reed Smith for its “commitment to innovation through nearly every aspect of its operations, investing heavily in processes, technology and talent development, all with an eye toward finding smarter ways to deliver the best legal services to its clients.”
For Best Client/Law Firm Team, Reed Smith and Eisai were recognized for its collaboration on a custom client solution for improving Eisai’s contract management process. As Am Law noted, “The firm saved the client money by creating the technology itself and cut the contract review time in half.”
Reed Smith was also highlighted for Gravity Stack, which the firm launched in April 2018 to deliver collective intelligence in law. This data-driven legal business solutions start-up sprang from Reed Smith’s own advances in legal tech and its culture of innovation. Formed with a vision to combine unique data insights with the most experienced legal process and operational experts, Gravity Stack’s unique blend of data and human intelligence is redefining “value” in the legal industry.
At the 2019 awards, Reed Smith was also a nominee for Law Firm of the Year. It was also shortlisted for “Best Business Team,” for the firm’s Client Value Team, its creative fee structures, and innovative systems to track and monitor legal matters, such as the firm’s Quick Pricing Tool, which enables lawyers to create budgets and clients to track costs.
This year’s honors follow on Reed Smith’s winning the Global Legal Award for pro bono, Am Law’s top honor in that category, at the 2018 American Lawyer Industry Awards, at which the firm was also shortlisted for “Legal Services Innovation,” “Best Use of Technology,” and “Best Law Firm Business Team.”
About Reed Smith
Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. Our belief is that by delivering smarter and more creative legal services, we will not only enrich our clients’ experiences with us, but also support them in achieving their business goals.
Our long-standing relationships, international outlook, and collaborative structure make us the go-to partner for the speedy resolution of complex disputes, transactions, and regulatory matters.
For further information, please visit reedsmith.com.
