‘Necessary adjustments’: 45 lawyers laid off in Reed Smith restructure Legal Business15 January 2016Restructuring Reed Smith has axed 45 lawyers from its US, Europe and Middle Eastern offices as it makes the ‘necessary adjustments to remain competitive’.Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact [email protected] Related ContentMore in this category‘We expect them to hit the ground running’ – Reed Smith ships up to Boston with hire of 12-strong teamRevolving doors: Sidley raids Latham again as Fried Frank taps Kirkland for latest London hireRevolving Doors: Three leave Taylor Wessing after merger vote, while Gibson Dunn taps Freshfields for APAC rebuildSidley hits Clifford Chance for heavyweight restructuring duo as firm’s London hiring gathers paceTrowers takes high-profile restructuring role as Mandelson-founded advisory firm collapsesSimpson Thacher hires Kirkland financial restructuring heavyweight for Dallas launchRevolving doors: Simpson Thacher, Latham, Sidley lead New Year London moves‘Seize every opportunity’ – Paul Hastings partner Reena Gogna on City law, Suits and poetryFive partners vie to succeed Hoyland as Simmons managing partner