Merger To Bolster Reed Smith's Securities Practice

Law360, New York (October 18, 2006, 12:00 AM EDT) -- Reed Smith’s acquisition of a mid-sized Chicago firm could give a much-needed boost to the firm’s securities and complex litigation practices, if the shareholders at both firms vote to approve the merger.

Sachnoff & Weaver also stands to benefit from the proposed merger because it will give the firm’s current clients an international network at the firm and will allow the securities group to take on new work both nationally and internationally.

Although Sachnoff only boasts 140 attorneys, in comparison to Reed Smith’s 1,100, securities litigation...
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