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Reed Smith Grows West As Crosby Heafey Merger Approved.
PR Newswire
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October 31, 2002
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COPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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SAN FRANCISCO -- One of the largest domestic law firm mergers of 2002 has vaulted a 125-year old American legal institution into the ranks of the 20 largest law firms in the world.
According to terms given final approval today by the partners of Reed Smith LLP and the shareholders of California-based Crosby, Heafey, Roach & May, the two firms have agreed to combine their legal practices effective January 1, 2003. The long-anticipated transaction gives Reed Smith LLP close to 1,000 attorneys in the U.S. and abroad and projected annual revenue of nearly $500 million.
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