‘Necessary adjustments’: 45 lawyers laid off in Reed Smith restructure Legal Business15 January 2016Restructuring Reed Smith has axed 45 lawyers from its US, Europe and Middle Eastern offices as it makes the ‘necessary adjustments to remain competitive’.Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Related ContentReed Smith breaks $1.5bn for the first time as London revenue grows by 15%International roundup: White & Case hits Weil for three-partner New York team while Reed Smith opens in DenverCoronavirus measures pay off for Reed Smith as revenue tops $1.3bn while profit soars Finding the right fit: the duo behind Davis Polk’s long-awaited London restructuring launchKirkland & Ellis and A&O Shearman advise as Northvolt begins Chapter 11 proceedingsRestructurings pick up as Davis Polk makes European bow while Plainer moves to DLARevolving doors: Simpson Thacher, Latham, Sidley lead New Year London moves‘Seize every opportunity’ – Paul Hastings partner Reena Gogna on City law, Suits and poetryFive partners vie to succeed Hoyland as Simmons managing partner