Reed Smith Adds 55 Attorneys From Anderson Kill & Olick

43 Join Firm's Growing New York Office

NEW YORK, Jan. 22 /PRNewswire/ -- Reed Smith LLP, one of the 15 largest
law firms in the world, today announced the addition of 55 attorneys from the
120-member firm of Anderson Kill & Olick PC. Twenty-five partners, three
counsel and 27 associates, along with numerous legal support personnel, will
join Reed Smith's offices in New York, Philadelphia and Chicago effective Feb.
1, 2008.
"We are delighted that these talented attorneys will be joining us to
start 2008 on a very positive note," said Gregory B. Jordan, Reed Smith's
Global Managing Partner. "These are high-performing individuals whose
practice interests and clients are compatible with our firm's existing
platform, as well as with our long-term strategic plans for future growth.
With Reed Smith's largest office now in London, our two new offices in China,
and this increased capability in New York, we have a major presence in the
three key economic centers of the world."
The attorneys will primarily become part of three practice groups at Reed
Smith - Insurance Recovery, Bankruptcy & Restructuring and Commercial
Litigation. Among the attorneys making the move are Jeffrey L. Glatzer, the
firmwide President and Chief Executive Officer, and Lawrence Kill, a partner
and co-chair of its Antitrust/Unfair Competition Group.
The largest group of attorneys will join Reed Smith's New York office. For
an interim period, they will remain on one floor of Anderson Kill's Avenue of
the Americas office, which Reed Smith will sublease. Once Reed Smith completes
the build-out of its current office space at 599 Lexington Ave., all lawyers
and staff will move to that location.
"This is a huge step in growing our presence in New York," said Robert
Nicholas, Managing Partner of Reed Smith's New York office. "This group of
lawyers is team oriented, open minded and flexible, and they are interested in
and committed to being part of a growing and dynamic firm. The addition of
these attorneys will significantly enhance our New York litigation capability
with practices that complement the rapidly growing private equity and M&A work
we are doing in New York."
In addition to Reed Smith's New York office, the firm adds two partners
and seven associates to its Philadelphia office; and another two partners and
one associate to its Chicago office.
"This move is a good one for all of us interested in acquiring a broader
platform that includes many global practice opportunities," Mr. Glatzer said.
"I have no doubt that our ability to serve existing clients will be enhanced,
and that we will enjoy many benefits as the newest additions to one of the
most innovative and exciting law firms in the world."
Of particular note, the New York office will now have a significant
creditor-side bankruptcy practice with an emphasis on creditor committee work
to complement Reed Smith's bankruptcy and restructuring group, which firmwide
has 45 attorneys. The firm will gain a strong and experienced commercial
litigation team, as well as additional strength in real estate finance, where
Reed Smith already does substantial work.
The largest group of attorneys will join Reed Smith's fast-growing
insurance recovery practice, which in recent months has added partners from
leading firms in several of its key markets. New York, Chicago and
Philadelphia will all gain additional insurance recovery practitioners. Reed
Smith's Insurance Recovery practice has more than 50 lawyers throughout the US
and UK.
Since 2001, Reed Smith has completed combinations with firms from the
United Kingdom to the Chinese mainland, including in New York, California,
Chicago, London, Abu Dhabi, Greece, Dubai, Munich, Paris, Hong Kong and
Beijing. During that period, Reed Smith has grown from 600 U.S.-based
attorneys to more than 1,600 attorneys around the world conducting business on
three continents in 23 offices.
In addition to Mr. Glatzer, partners joining Reed Smith include James M.
Davis, managing partner, Chicago; and John N. Ellison, managing partner,
Philadelphia; as well as executive committee members Steven Cooper and J.
Andrew Rahl, Jr.
About Reed Smith
Reed Smith is one of the 15 largest law firms in the world, with more than
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 attorneys provide litigation services in multi-
jurisdictional matters and other high stake disputes, 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 and media,
shipping, international 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,
Century City, Richmond
Europe: London, Paris, Munich, Birmingham, Greece

Middle East: Abu Dhabi, Dubai

Asia: Hong Kong, Beijing

SOURCE Reed Smith LLP

Jamie Moss of newsPRos, +1-201-493-1027, for Reed Smith LLP