Reed Smith and Pepper Hamilton Are in Merger Talks
The global law firm Reed Smith is in talks to combine with the smaller Pepper Hamilton of Philadelphia, the firms confirmed, according to a report on Bloomberg BNA.
“Based on these preliminary discussions, we see many potential benefits to joining forces,” said a Reed Smith spokesman, in a statement. “There remains a significant amount of work to do with Pepper Hamilton to assess those benefits and before any transaction would be ready to bring to the Reed Smith partnership.”
“If the two firms move forward to completion, Reed Smith, which has 1,620 lawyers in the U.S., Europe, Asia and the Middle East, would acquire Pepper Hamilton’s 490 lawyers scattered throughout 13 U.S. offices,” the report says.
