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REED SMITH FORMS NEW MANAGEMENT COMMITTEE

 REED SMITH FORMS NEW MANAGEMENT COMMITTEE
 WASHINGTON, Feb. 24 /PRNewswire/ -- The law firm of Reed Smith


Shaw & McClay today announced the formation of a new seven-person management committee, including for the first time a partner in charge of the firm's Pittsburgh office and a chief financial and administrative officer.
 Managing Partner Daniel I. Booker, who chairs the management committee, said Reed Smith has also created four firm-wide practice departments, replacing its previous office-by-office approach to practice management. The firm-wide practice departments are litigation, business and finance, employment and benefits, and specialized services. New department heads are to be named by March 31, Booker said.


With 358 laywers practicing in five offices, Reed Smith is among the largest law firms in the United States. Its Washington, and McLean, Va., offices have expanded to 115 lawyers and are particularly well known nationally for their communications, health care and litigation practices. Reed Smith also has offices in Philadelphia, Pittsburgh and Harrisburg, Pa.
 In addition to Booker, age 44, who is an antitrust counselor and trial lawyer in Reed Smith's Pittsburgh office, members of the management committee are:
 -- David C. Auten, who continues in the position of managing partner of the Philadelphia office. Auten, age 53, is a member of the firm's business and finance department;
 -- David W. Christopher, age 62, former head of the Pittsburgh office and Ohio Valley Region for Price Waterhouse and former world managing partner - Audit and Accounting for Price Waterhouse, will serve as chief financial and administrative officer. His responsibility is to oversee the financial affairs of the firm and the non-legal staff. Christopher will join Reed Smith on March. 1.
 -- David C. Evans, who continues in the position of director of practice development, with responsibility for marketing. Evans, age 46, is a member of the Government Relations Group of the firm's specialized services deparmtment in the Washington office;
 -- Robert W. Hartland, age 45, who will hold the newly created position of partner in charge of the Pittsburgh office. Hartland is a member of the Labor Group in the firm's employment and benefits department;
 -- Carl Krasik, age 47, who will serve as director of legal personnel, responsible for managment of professional personnel. Krasik is a member of the firm's business and finance department in the Pittsburgh office;
 -- John M. Wood, age 47, who continues in the position of managing partner of the Washington office. Wood is a member of the firm's litigation deparment.
 "This is a first class group of managers," said Booker, "and a major law firm today needs that if it expects to deal with the new economic realities facing law firms. Taking a cue from our partners, however, the management committee feels that our success depends fundamentally on the value our more than 420 professionals and 440 staff members deliver to clients. As managers, our prime goal is to give our lawyers the support -- staffing, training, technology and client service incentives -- necessary to assure that clients get value from us. I think this means we'll spend a lot of time listening to our partners and clients."
 Booker added, "One particular area in which I expect our CFAO David Christopher can help us is in the pricing of our legal services. This is an area of major challenge for law firms today. We believe we are highly competitive with comparable firms under the prevalent hourly rate pricing system. But many clients are looking for other methods of pricing, and we want to try to satisfy that demand."
 The reorganization of Reed Smith's professionals into firm-wide practice departments is the result of a several-month study directed by Reed Smith's partners. As expressed by a committee of partners when those departments were created, "We believe that the move to firm-wide departments is desirable in order to maximize our access to and service of clients in multiple geographic areas and to leverage special skills which may be present in one office to serve clients in other offices.
 -0- 2/24/92
 /CONTACT: Meg Stephens for Reed Smith Shaw & McClay, 202-457-6121/ CO: Reed Smith Shaw & McClay ST: Pennsylvania; District of Columbia IN: SU: PER


JT -- PG019 -- 2106 02/24/92 18:17 EST
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Date:Feb 24, 1992
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