Bloomberg Law
Jan. 14, 2016, 10:07 PM

Layoffs Hit 45 Lawyers, Staff at Global Law Firm

Casey Sullivan

Global law firm Reed Smith has laid off 45 lawyers, a firm spokesman confirmed on Thursday.

In a media statement, the firm said that it recently undertook a review of it staffing model and decided to restructure its legal and non-legal staff.

“Like all profitable businesses, Reed Smith must be attentive to market demand and industry changes and make necessary adjustments to remain competitive,” said the statement provided to Big Law Business.

Reed Smith said the restructuring affects 45 lawyers in the United States, Europe and the Middle East, less than 2.5 percent of its 1,650 attorney headcount, as well as an ...

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