August 7, 1993 |
A federal court jury yesterday found that lawyer Richard Glanton sexually harassed and defamed Kathleen Frederick, an associate lawyer he supervised, but awarded her only $125,000 in damages. The jury of five men and five women deliberated about 13 hours over three days before returning with a verdict that appeared to be a compromise. Frederick was seeking more than $2 million in damages. The damages were awarded to Frederick not for the sexual harassment but for the defamation - for statements that Glanton, a former aide to Gov. Dick Thornburgh and president of the Barnes Foundation, made to reporters in January 1992 after he learned of Frederick's suit.
January 16, 2016
Reed Smith, a global firm with a large presence in Philadelphia, said Thursday that is has laid off 45 lawyers in offices in the U.S. and abroad, about 2.5 percent of lawyers at the firm. The firm said the layoffs were necessary to ensure efficiency and to match legal staffing with the needs of clients. Some of the firm's non lawyer staff also was let go, the firm said. The firm, founded in Pittsburgh, has 1,650 lawyers worldwide and more than 200 in Philadelphia. It reported revenue of more than $1 billion in 2015.
July 12, 2011
Reed Smith, the law firm founded in Pittsburgh with a large presence in Center City, said Tuesday that it has opened an office in Shanghai to complement offices in Beijing and Hong Kong. Jay Yan, a Columbia University Law School-educated lawyer who has practiced in Shanghai for 15 years, has joined the 1,600-lawyer firm as the managing partner of the new Shanghai office. Yan represents clients on cross-border investment, mergers and acquisitions, regulatory and compliance matters and other issues, Reed Smith said.
April 14, 2016 |
Reed Smith, a global law firm founded in Pittsburgh that has a large presence in Philadelphia, has confirmed that it is in merger talks with Pepper Hamilton. The firm said that the talks were in the preliminary stage but that there appeared to be many advantages to a combination. "Reed Smith has been clear about its interest in strengthening its industry focus and adding to strategic practice areas," the law firm said. "In executing this strategy we speak regularly with law firms around the world regarding our respective objectives.
April 8, 2011 |
Here's a workplace riddle: Who hears everything, yet hears nothing? The staff at Reed Smith, a Center City law firm, know the answer: Carol Lennon, chief receptionist. Her policy of complete discretion coupled with a professional attitude have kept her in her job for 50 years. "You never talk about any client, any attorney, or any staff member to anyone else," said Lennon, who was honored this Wednesday with a champagne party at the office. "Fifty years? That is so unusual these days," said Victoria Green, founder of Green Leadership Consulting L.L.C., a management consulting firm in Center City.
August 2, 2016 |
Salaries for first-year lawyers at big firms in Philadelphia are topping out at $180,000 a year to keep pace with New York competitors. The venerable Wall Street firm of Cravath, Swaine & Moore got the ball rolling in June with the announcement that it would be raising first-year associate salaries by $20,000, to $180,000, and that associates with up to eight years at the firm would also get increases. In Philadelphia, Dechert L.L.P. matched Cravath's salary increase for first-years and also boosted pay for associates with more experience.
June 13, 1990 |
Philadelphia Republican boss William A. Meehan is joining the Philadelphia office of the Pittsburgh-based law firm of Reed, Smith, Shaw & McClay, effective July 16, firm officials said yesterday. Meehan is one of the most powerful Republicans in the state, with more control over party politics than that of many elected officials. His only formal political title is general counsel to the Philadelphia Republican City Committee, but he rules city GOP politics. "Billy runs one of the last remaining effective big-city Republican organizations in the country," said Richard Glanton, a partner at Reed Smith.
May 15, 2015 |
Eight corporate and civic leaders have joined H.F. "Gerry" Lenfest, owner and publisher of The Inquirer, the Philadelphia Daily News, and Philly.com, to serve on a board of directors for the Philadelphia media company. Philadelphia Media Network L.L.C., the corporate parent of the news operations, announced the formation of the board Wednesday. Lenfest said the board would meet quarterly and provide him with guidance on the management of the company. The new members range from a former newspaper publisher to one of the region's leading philanthropists, from the Philadelphia founder of a top venture-capital fund to two leaders of prominent city law firms.
July 16, 1993 |
Since Reed Smith Shaw & McClay opened a branch office here in 1978, the staid Pittsburgh law firm has attracted clients with deep pockets, powerful new partners and, now, the most unwelcome notoriety in its 116-year history. The cause of the notoriety is the sensational sex harassment case unfolding against the firm and one of its partners, Richard H. Glanton, in federal court. The city's legal community has been sitting on the edge of its chair, listening to allegations by attorney Kathleen A. Frederick that she lost her job at Reed Smith because she ended an affair with Glanton.
July 20, 1993 |
The glamour and prestige of a powerful law firm aside, the impact of Reed, Smith, Shaw & McClay's not including Kathleen Frederick in its future came down to dollars she would not see after being denied partnership in the big- league firm, an economist testified yesterday. Paul J. Andrisani, a Temple University management professor and expert in labor economics, testified for Frederick in her sex-discrimination suit against Reed Smith and one of its lawyers, Richard Glanton. Andrisani estimated that her firing would cost her $2.5 million in lost wages from her dismissal until her probable retirement in 2013.