Y'all remember Cosby's first lawyer Monique Pressley!?

[Astroslik]

The comparison of Reed Smith to any of these top 10 firms is like comparing
Top 10 Most Prestigious Law Firms based on Vault’s Annual Associate Survey for 2020:

1. Cravath, Swaine & Moore (no change)
2. Wachtell, Lipton, Rosen & Katz (no change)
3. Skadden, Arps, Slate, Meagher & Flom (no change)
4. Sullivan & Cromwell (no change)
5. Latham & Watkins (no change)
6. Kirkland & Ellis (+2)
7. Davis Polk & Wardwell (-1)
8. Simpson Thacher & Bartlett (-1)
9. Gibson Dunn & Crutcher (no change)
10. Paul, Weiss, Rifkind, Wharton & Garrison (no change)

1. 
   The top nine positions in our gross revenue ranking remained the same as last year. In order they were Kirkland & Ellis; Latham & Watkins; Baker McKenzie; DLA Piper; Skadden, Arps, Slate, Meagher & Flom; Sidley Austin; Hogan Lovells; Morgan, Lewis & Bockius; and Jones Day. White & Case moved into the top 10, replacing Norton Rose Fulbright, which slipped to No. 11.

1. 
   The 2019 Am Law 100: Gross Revenue | The American Lawyer

1. 
   
2. 

Nobody compared reed smith to those firms. The point is, they are big law... You sound misinformed of what big law actually means and is. Also, the quality of work product difference between a V10 and V75 firm is trivial at best.

Several firms in your list who grossed top revenues in 2019 aren’t aren’t even V10. Are they not big law either?

Again, you failed to see what I was communicating. I've worked at law firms for a long time and Biglaw for going on 10 yrs now - I know the composition, in addition to, what client names and corporations they take on. Never said that law firms don't take on criminal cases for corporate entities. In fact, we're representing a few that you've seen in the news last year. You're preaching to the choir.

I addressed your point directly. You were wrong. It’s okay though.

 

[Nicole0416_718_929_646212]

Nobody compares reed smith to those firms. The point is, they are big law...

Think what you want. Agree to Disagree and stop quoting me. Move on.
You must work at a schmedium size law firm, that's why you're acting froggy

 

[MustafaSTL]

Dumb fuk - they are not the literal definition. That's not considered in league with Cravath, Skadden, Kirland, Sullivan, Jones Day, DLA Piper..etc. foh.

Too focused on trying to call someone out you end up being the one that looks stupid. Nobody, I mean nobody, I know has only considered 10 firms to be "biglaw" while the rest are just big firms. Go look up any definition of what "biglaw" is and you will see how stupid you look.

 

[Nicole0416_718_929_646212]

Too focused on trying to call someone out you end up being the one that looks stupid. Nobody, I mean nobody, I know has only considered 10 firms to be "biglaw" while the rest are just big firms. Go look up any definition of what "biglaw" is and you will see how stupid you look.

I look stupid??? when I just posted up facts to substantiate what I claim and know what position that I speak from. Get the fuk outta my face trying to tell me about the field that I work in, studied for and have experience in since 18 yrs old. Like I said, run with whatever the fuk you want and move on. But no one out in Big Law is comparing Reed Smith to a powerhouse multinational, international, multilateral level firm in the top tier in terms of gross revenue and client representation. My firm won't even hire laterals from Reed Smith. No, you sound stupid as shyt. That's like Morgan Stanley, T. Rowe Price comparing themselves to Benny's BigAccounting Services, LLC run out of a warehouse boiler room. Nothing wrong with it but it's not on the same level.

 

[Astroslik]

Think what you want. Agree to Disagree and stop quoting me. Move on.
You must work at a schmedium size law firm, that's why you're acting froggy

Several posters here know where I work. I’ll just leave it like that...


Are you even a lawyer? I hope you’re not some secretary (or even paralegal) talking like this.

 

[Astroslik]

Too focused on trying to call someone out you end up being the one that looks stupid. Nobody, I mean nobody, I know has only considered 10 firms to be "biglaw" while the rest are just big firms. Go look up any definition of what "biglaw" is and you will see how stupid you look.

Imagine someone saying Jones Day, Jenner Block or Baker McKenzie are not big law because they aren’t in the V10. She’d get laughed at in her face

 

[MustafaSTL]

I look stupid??? when I just posted up facts to substantiate what I claim. Get the fuk outta my face trying to tell me about the field that I work in, studied for and have experience in since 18 yrs old. Like I said, run with whatever the fuk you want and move on. But no one out in Big Law is comparing Reed Smith to a powerhouse multinational, international, multilateral level firm in the top tier in terms of gross revenue and client representation. That's like Morgan Stanley, T. Rowe Price comparing themselves to Benny's BigAccounting Services, LLC run out of a warehouse boiler room. Nothing wrong with it but it's not on the same level.

Your personal opinion does not trump what the industry recognizes as biglaw. You sound stupid.

 

[MustafaSTL]

Imagine someone saying Jones Day, Jenner Block or Baker McKenzie are not big law because they aren’t in the V10. She’d get laughed at in her face

You didn't know? If it ain't a top 10 vault or Am Law firm, it ain't a biglaw firm. You didn't know there were only 10 biglaw firms?

 

[Nicole0416_718_929_646212]

Too focused on trying to call someone out you end up being the one that looks stupid. Nobody, I mean nobody, I know has only considered 10 firms to be "biglaw" while the rest are just big firms. Go look up any definition of what "biglaw" is and you will see how stupid you look.

and LOL I was holding back but now I have to really make you look stupid since you thought it was one way. Explain why Reed Smith is currently in the market looking for other law firms to merge with?

 

[MustafaSTL]

and LOL I was holding back but now I have to really make you look stupid since you thought it was one way. Explain why Reed Smith is currently in the market looking for other law firms to merge with?

Your question has nothing to do with whether they fit the definition of a biglaw firm.

 

[Nicole0416_718_929_646212]

Your personal opinion does not trump what the industry recognizes as biglaw. You sound stupid.

BigLaw firms don't merge with other law firms, they acquire Practice Groups.
Explain why Reed Smith is currently in merger talks
- the year preceding the current merger talks with Pepper, Reed Smith experienced an 8.3 percent decline in PPP and a 2.5 revenue drop. And in early 2016 it laid off 45 lawyers as well as staff. Revenue drop is bad enough and can be offset by capping or reducing the number of equity partners, but that coupled with an unhealthy drop in PPP is when the “fasten seatbelt” sign goes off in law firm cockpits.
It is against this backdrop that Reed Smith’s current talks with Pepper Hamilton might usefully be considered. No doubt, a combined firm of these two Keystone State mainstays would have many benefits that include: creating the largest U.S. attorney headcount of any law firm; an opportunity to consolidate operations (one expert pegs the annual savings at $5 million); greater depth in core practice areas; an opportunity to “prune the herd” among under-performing equity partners of both firms as well as other attorneys; and a surfeit of press.

(But you were saying...)

Reed Smith Merger Talks Fuel Discontent At Firm
"The lack of substantive information from leadership at the firm has led to rampant speculation from the rank and file:
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."
"I cannot imagine the partnership was excited to learn about the merger from sources outside of their firm. I guess this partner knows now how little Reed Smith thinks of them.
The discontent over the merger is not contained to a single office either. We’ve had reports from multiple Reed Smith locations, and it isn’t going over well anywhere."

 

[MustafaSTL]

Biglaw Firm Announces Raises For Midlevel And Senior Associates, Junior Associates Left Out In The Cold

Reed Smith Is Ballsy. Plus: Ex-Big Law Associate Is Candidate for ‘Her Wickedness’ | The American Lawyer

BigLaw firm gets UK approval for nonlawyer partners and outside investment

Biglaw Firm Hit With $500 Million Malpractice Suit : General Counsel News

Every major legal publication calls Reed Smith biglaw. But according to @Nicole0416 this isn't the case because they aren't top 10 vault and Am Law.

 

[Nicole0416_718_929_646212]

Your question has nothing to do with whether they fit the definition of a biglaw firm.

... and the backtracking begins...

Yes the fuk it does, BigLaw firms do NOT merge. They ACQUIRE. Merging with a whole other law firm is a sign of financial distress and improper management. BigLaw firms show stability.

 

[MustafaSTL]

BigLaw firms don't merge with other law firms, they acquire Practice Groups.
Explain why Reed Smith is currently in merger talks
- the year preceding the current merger talks with Pepper, Reed Smith experienced an 8.3 percent decline in PPP and a 2.5 revenue drop. And in early 2016 it laid off 45 lawyers as well as staff. Revenue drop is bad enough and can be offset by capping or reducing the number of equity partners, but that coupled with an unhealthy drop in PPP is when the “fasten seatbelt” sign goes off in law firm cockpits.
It is against this backdrop that Reed Smith’s current talks with Pepper Hamilton might usefully be considered. No doubt, a combined firm of these two Keystone State mainstays would have many benefits that include: creating the largest U.S. attorney headcount of any law firm; an opportunity to consolidate operations (one expert pegs the annual savings at $5 million); greater depth in core practice areas; an opportunity to “prune the herd” among under-performing equity partners of both firms as well as other attorneys; and a surfeit of press.

(But you were saying...)

Reed Smith Merger Talks Fuel Discontent At Firm
"The lack of substantive information from leadership at the firm has led to rampant speculation from the rank and file:
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."
"I cannot imagine the partnership was excited to learn about the merger from sources outside of their firm. I guess this partner knows now how little Reed Smith thinks of them.
The discontent over the merger is not contained to a single office either. We’ve had reports from multiple Reed Smith locations, and it isn’t going over well anywhere."

The very article you posted has "Biglaw, Law Firm Mergers" at the top. You can't make this up.

 

[Nicole0416_718_929_646212]

Biglaw Firm Announces Raises For Midlevel And Senior Associates, Junior Associates Left Out In The Cold

Reed Smith Is Ballsy. Plus: Ex-Big Law Associate Is Candidate for ‘Her Wickedness’ | The American Lawyer

BigLaw firm gets UK approval for nonlawyer partners and outside investment

Biglaw Firm Hit With $500 Million Malpractice Suit : General Counsel News

Every major legal publication calls Reed Smith biglaw. But according to @Nicole0416 this isn't the case because they aren't top 10 vault and Am Law.

Legal publications write about law firms, they don't work at them. Clearly, Neither do you.