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Reed Smith to Merge with Richards Butler Hong Kong
Date:10/19/2007

law firms in Hong Kong, Richards Butler Hong Kong enjoys a leading market position having benefited from a very early entry to market, more than 25 years ago. The firm has led the way on many significant matters including advising on the first wave of Insider Dealing inquiries, successfully defending the Hong Kong Stock Exchange in the highest appellate court and participating in the first Hong Kong listings of PRC enterprises. The corporate team has been involved in over 200 IPO's. The firm established a Beijing office in the early 90's and maintains an active Chinese practice. Upon completion of the merger, Reed Smith intends to seek a license to open an office in Shanghai.

The merger is another significant achievement for Reed Smith which has long stated its ambitions to develop a robust Far East practice. Today's announcement marks Reed Smith's third significant merger in the last 12 months with the addition of over 500 lawyers worldwide.

Commenting on the merger Gregory B. Jordan, Firmwide Managing Partner of Reed Smith said: "A key objective of our strategic plan has been to develop a leading presence in the commercial business centers most important to our clients. Hong Kong, Shanghai and Beijing are clearly among those key markets. This merger gives us a leading presence in Hong Kong, an entree into mainland China and the ability to provide the high quality services our clients need.

Chris Howse, Hong Kong Partner added: "Richards Butler Hong Kong provides a unique opportunity for Reed Smith to launch operations in Asia in a dramatic way. The guidance and insight that our lawyers on the ground can offer to Reed Smith's clients about doing business in Asia and particularly in China is unrivalled. At the same time, our Hong Kong corporate clients and our Chinese clients who are making investments outside Asia will benefit from the international platform and capabilities that Reed Smith brings to us."

Roger J. Parker, Managing Partner f
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SOURCE Reed Smith LLP
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