The moves will see several partners take on new management roles and regional responsibilities.
Chief marketing officer Wendy Taylor, who joined Reed Smith from Dechert in March last year, confirmed that she left the firm in mid-August and has launched her own venture. London-based Sadie Baron was named the firm’s new chief marketing officer; previously she was the marketing and business development director for the firm’s global transactional business.
Head of strategy
The firm has also done away with the title of global head of strategy, held by New York-based Edward Estrada, who now is chair of the firm’s financial industry group.
Managing partner Sandy Thomas told Law.com that the strategy function will now be shared among the firm’s regional managing partners and himself, commenting that: ‘I think we’ve gotten to a size geographically where we needed a couple more sets of eyes on global trends and markets and the direction in which particularly markets were headed.’
Michael Pollack, who was previously head of strategy until taking over as chief legal officer, now heads up a new position at the firm—managing partner of the Americas. Philadelphia-based Michael T. Scott is now chief legal officer.
Roger Parker, who was managing partner of Europe, the Middle East and Asia, now will focus solely on Asia as managing partner of that region. Tamara Box was elevated to managing partner of Europe and the Middle East.
No change in strategy
Mr Thomas said the changes don’t reflect a shift in the firm’s strategy, but recognition that its size requires leaders focus on individual markets. They are also intended to help the firm recruit and develop talent more efficiently.