Reed Smith Reports 6.1% Revenue Gain In 2013

Law360, Los Angeles (March 7, 2014, 4:34 PM EST) -- Reed Smith LLP brought in nearly $1.1 billion in 2013, a 6.1 percent gain on last year’s revenue in an environment in which the firm is effectively tamping down costs and winning new work, the law firm said Friday.

Profits per partner climbed as well, lifting up 5.5 percent to $1.14 million from $1.08 million a year earlier, the firm said.

Global managing partner Sandy Thomas pegged the firm’s success on its focus on remaining predictable and transparent for clients in a highly competitive business environment,...
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