11:37, July 30 170 0 abajournal.com

2018-07-30 11:37:04
Holland & Knight again looks to Reed Smith in Philadelphia office expansion

Holland & Knight’s new Philadelphia office has doubled its headcount after siphoning another 12 lawyers from Reed Smith.

The office launched with 11 former Reed Smith partners and one of counsel on July 10, the Legal Intelligencer reported. The expansion includes 11 direct transfers and one attorney who had worked at Reed Smith previously.

According to a press release issued last Thursday, newest hires practice in corporate, mergers and acquisitions and securities, executive compensation and employee benefits, banking and financial services, healthcare and life sciences, labor and employment, and commercial litigation.

“We are very pleased with the new additions to our firm,” said Steven Sonberg, Holland & Knight managing partner, in the release. “We will continue to look for opportunities in the Philadelphia legal market.”

The recent transfers made up just under 10 percent of the practicing staff at Reed Smith’s Philadelphia office. A total of 115 practicing professionals with partner, associate and counsel titles are currently at the office, according to the firm’s site.

Law.com reports that Holland & Knight has been steadily adding to its headcount since 2012, growing from 908 partners and associates to 1,079 this year—an increase of nearly 19 percent. During the same time, Reed Smith has had mixed growth, starting with 1,486 partners and associates in 2012 the firm climbed to 1,638 in 2015 before coming back down to 1,550 this year.

This is likely not the end of Holland & Knight’s Philadelphia expansion, John Martini, executive director of the firm’s Center City office, told the Legal Intelligencer.

“We have some exciting people in the wings,” he said, which include “blockbuster names,” according to the report.