Reed Smith Merger Talks Fuel Discontent at Firm
Some lawyers at Reed Smith, already unhappy about low morale, attorney layoffs and lateral losses, voiced their displeasure at the way the firm’s potential merger with Pepper Hamilton was announced, according to a report on Above the Law.
quotes one source as saying, “So far the merger has led to bickering in the hallway. Morale has taken another nosedive.”
Another quote: “I mean the partners are happy cuz they can avoid bringing in business again, just buy someone else’s. The associates are just like great, dust résumé off.”