Reed Smith Value Added Services

+ Adding value. Additional free and low cost services.

2Adding Value, Reed Smith

An innovative approach that adds genuine value

At Reed Smith we understand that great relationship management involves much more

than the provision of legal advice. It is also about taking the time to get to know your

business and you as individuals, using our expertise and contacts to help you grow

and achieve your goals. This is what we mean by added value.

We provide a range of low or no cost additional services that will help to deliver that

growth, maximise the capabilities of your own staff and improve the way our teams

work together.

Through our value added services, we can:

+ Understand and meet your needs more effectively.+ Provide cost efficiency.+ Give you the knowledge you need.+ Empower your people.+ Work together more effectively.


How can Reed Smith Add Value to you?

Pro bono partnerships

Use our facilities

24 hour global business

Access to our resources

Information support

Strategy assistance

Staff Lawyers

Bespoke fee structures

Management data

01

03

05

02

04Hard and soft skills

Graduate LPC secondments

Peer expertise

TRAINING

OPERATIONS

Dedicated relationship partner

General Counsel expertise

Secondments

RELATIONSHIPMANAGEMENT

KNOWLEDGE

COST

RECIPROCITY


Understanding and meeting your needs more effectively

+ A dedicated relationship partner We recognise the need to quickly get to know and understand your business and

sector. To ensure this, we provide you with a dedicated Client Relationship Partner with

whom you can build a personal rapport. This is your own dedicated central point of

contact in addition to the usual contact you have with Reed Smith, who will have overall

responsibility for the relationship.

+ Instant adviceSelected key clients can enjoy a dedicated hotline to enable them to obtain quick

and free advice on prospective matters or general legal issues, without charge for

a specified time.

+ Secondees who deliver successTo be determined on a case by case basis, we can offer you the option of a Reed Smith

secondee to provide temporary on-site support, bolster teams, or provide specialised

expertise. The quality of our secondees comes guaranteed.

+ A pool of expertiseFor selected clients, we are able to provide access to our exclusive Reed Smith

General Counsel (RSGC) group. This unique panel of highly experienced former

General Counsels is available for consultation. Our RSGCs hail from multi-billion-pound

companies and possess an outstanding record of results.

The RSGC group can advise

on a broad range of issues

including board preparation,

crisis counselling, corporate

governance, managing outside

counsel and/or structuring

and managing the inside legal

functions. Additionally, if you

just want to discuss an idea,

RSGC can be an invaluable

resource.


Giving you the knowledge you need

+ Use our resourcesShould you need to embark on any legal research, we are able to offer free access to

our knowledge management experts and access to our collection of practitioners’ texts,

law reports and journals. You can also receive our daily in-house legal updates.

+ Information supportWe will gladly provide advice on information, resource management and research

methodology, effectively managing internal information services to help ensure the

best value for money and access to the most suitable resources.

Determining the best knowledge management strategy, that allows for future growth

potential, can be a challenging process. Our knowledge management team can provide

consulting services to your legal teams to help you develop and meet long-term visions

and short-term goals.


Providing cost efficiency

+ Low cost qualityCompanies have been forced to become leaner and more efficient, and are facing

enormous pressures to control and predict outside costs, including legal fees.

We have more than 40 carefully selected Reed Smith Staff Lawyers who offer certain

types of advice at a low cost. These Staff Lawyers can dramatically reduce your

costs whilst maintaining high quality, and allow us to offer creative alternative fee

arrangements. Our supervised Staff Lawyers are involved in a variety of projects,

from consumer lending disputes and responding to government investigations to

handling property disputes and tax assessment appeals.

+ Fees designed for youWe have invested in a specialist in-house pricing team that helps design and implement

bespoke pricing structures which suit individual clients. The key to creating a successful

pricing arrangement is understanding your needs.

Approximately 30% of Reed Smith’s current matters involve alternative fees or

value-based pricing arrangements.


+ Measurably betterMany firms profess to be using Legal Project Management, but Reed Smith

actually does. We apply a disciplined approach to budgeting and work plan

development, and a commitment to actively monitoring and managing each of

your matters using real-time financial reporting, using cutting-edge technology.

At the outset of each matter, you will receive a detailed budget and matter work plan,

or process map. We will then measure budget and work plan performance down to the

task level on a real-time basis.

Our extranet, ouRSite, delivers a state-of-the art case-management system that allows

access to any document, billing information and other matter-related information.

You will be able to drill down and access work products, and instantly assess the status

of a matter enabling you to determine how we are progressing against budget.

+ Preferred providersTo strike the optimal balance between costs and quality, we work with lower-cost service

providers to assist with document collection, review and production, as well as on due

diligence and contract reviews.

Throughout the course of an

engagement, we can monitor

the hours it takes to perform

certain tasks, the percentage

of completed work, timekeeper

staffing levels and other

valuable metrics. Any issues

can be addressed proactively

and immediate action can

be taken.


Empowering your people

+ Bespoke trainingOur “curriculum” of technical legal training can be tailored to suit your team’s needs.

We can also arrange access to a wide variety of online technical legal learning

to enable your teams to revise or enhance their knowledge in core areas.

Our training includes much sought after “soft skills” as well as legal technical seminars

at no cost and thereby saving you a significant amount of money in training costs.

Before our UK graduates join us, they complete an enhanced Legal Practice Course

which requires them to work on a real-life commercial project for our clients.

This means we can can offer you a graduate team as a valuable free resource,

deployed to research issues and provide business analysis you may not otherwise

have the capacity to undertake.

This is a unique offering exclusively offered by Reed Smith.

In association with Cambridge University Executive Education, we have created

a cross business sector learning group for senior staff members and key London clients.

The aim is to create a regular professional development opportunity for senior business

leaders to meet with peers and discuss practical solutions to common challenges.

We can work with you to

create bespoke training

events which we can deliver

with you or facilitate a

meeting with our preferred

external suppliers.


Working together more effectively

+ Doing goodPro bono and corporate social responsibility efforts are part of the fabric of our firm.

We proudly partner with many of our clients on volunteering, diversity and inclusion

and pro bono initiatives. We have found this to be an excellent way to partner with

our clients. It is both enjoyable and immensely rewarding.

+ Access to Reed Smith office facilitiesSubject to availability, we are able to offer you access to our state of the art office

facilities in London, use of our meeting rooms and access to our secretarial resources

on an ad hoc basis.

+ ReciprocityReciprocity with our clients is very important to us. We will always try to help our clients

not just in the capacity as a trusted advisor but where we can consider referring any

business to them, we will. We make it a priority to add value to you by way of business

referrals. We understand we can only do this if we have a fundamental understanding

of your business. If we already do not know your business, it will be a key relationship

priority to do this.

We have developeda 24/7 Business Centre with full global support capability. This means both cost savings and a quicker turnaround time on your documentation.


Reed Smith is a global law firm with more than 1,800 lawyers in 25 offices throughout Europe, the Middle East, Asia and the United States.

Founded in 1877, the firm represents leading international businesses, from FTSE 100

corporations to mid-market and emerging enterprises. Our lawyers provide litigation

and other dispute resolution services in multi-jurisdictional and high-stake matters,

deliver regulatory counsel and execute a full range of strategic domestic and

cross-border transactions.

Reed Smith is a pre-eminent adviser to clients across a range of industries including

financial services, life sciences, health care, energy and natural resources, advertising,

technology and media, shipping, real estate, manufacturing and education.

For more information please visit www.reedsmith.com


The Reed Smith geographic footprint

+ EuropeLondon, Paris, Munich and Greece

+ Middle EastAbu Dhabi and Dubai

+ AsiaHong Kong, Beijing, Shanghai, Singapore and Kazakhstan

+ U.S.New York, Chicago, Washington D.C., Los Angeles, San Francisco,

Philadelphia, Pittsburgh, Houston, Princeton, N. Virginia, Wilmington,

Silicon Valley, Century City and Richmond

www.reedsmith.comREE.SMI.136

Reed Smith Value Added Services

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