Reed Smith has hit a key milestone as global revenue hit $1.5bn, up just over 5% from last year’s figure of $1.43bn. PEP, meanwhile, increased by nearly 14% to $1.8m from $1.6m.
London, the firm’s largest office, enjoyed a stellar year with revenue up more than 15% to $247m, while revenue per lawyer surged nearly 30% to $946,720.
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