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     Background. Reid & Co. specializes in real property, corporate, business and entertainment law. Our practice involves all types of sophisticated and routine real property, corporate and business transactions and includes a wide variety of clients from Fortune 500 Companies to individuals. Mr. Stephen P. Reid has been practicing law for more than 25 years specializing in the following areas:

       

           Leasing, purchase & sales of real property and other property transactions;
           Mergers & acquisitions of businesses;

           Recapitalizations and reorganizations of businesses;

           Bank, institutional and mortgage lending and project finance;

           Partnerships, LLCs, joint ventures and strategic alliances;

           Formation of all types of businesses and companies;

           Corporate finance and securities;

           Buy-sell agreements and all other agreements among business owners;

           Employment agreements and executive compensation;

           Licensing, technology, internet, e-commerce and new media;

           Motion picture and entertainment; and

           A wide variety of other business transactions and matters.

Since 2004, we have handled more than One Billion Dollars of transactions which have included complicated portfolio purchases in excess of $90,000,000 and numerous purchases and financings between $50,000,000 and $20,000,000.

Prior to forming Reid & Co. in 1991, Mr. Reid was a senior partner with Finley, Kumble, Wagner, Heine, Underberg, Manley, Myerson & Casey, one of the largest national law firms in the U.S., and a senior partner of Cooper, Epstein & Hurewitz, a mid-sized regional law firm. In addition, Mr. Reid have been a frequent lecturer and have published several articles in his field of expertise.

It has been Mr. Reid's observation that the structure, overhead and billing practices of the major law firms has caused them to be very expensive, inefficient and unresponsive for many clients and types of transactions. His belief that a quality product should not be this expensive and take so long was the foundation for the formation of Reid & Co.

     Cost Savings. Reid & Co. has implemented its business plan by cutting substantial costs from its overhead and passing the savings along to its clients in lower hourly rates. In addition, Reid & Co. has taken the innovative step of encouraging many projects to be billed at a "fixed fee" (a firm price for a transaction which allows the client to budget the actual cost). Based upon a review of bills over the years, clients have found that Reid & Co.'s fees are substantially less than the fees they paid previously for comparable work. In fact, many clients have been able to save at least 50% on their legal fees.

     Dedication to Quality and Responsiveness. Reid & Co. provides the same quality as the major firms but is more responsive and quicker in rendering its services. In this regard, Reid & Co. has continued Mr. Reid's tradition of professionally excellent work, the innovative approach to the solution of client problems, the dedication and responsiveness to client needs, and the prompt and efficient rendering of legal services.

     Personalized and Prompt Service. Reid & Co. is very selective in undertaking new representation because each client receives Mr. Reid's prompt and personalized attention. What this means is Mr. Reid will either be easily reachable by telephone or you will receive a prompt return call, Mr. Reid will be available to handle your matters personally and will "roll-up his sleeves" to obtain a successful, prompt and economic conclusion of each matter. As a result, our clients tend to view us not only as their lawyer but as a partner in their business.

If you have any questions or comments, please do not hesitate to contact us.

 

 

 

Reid & Co.

a Professional Law Corporation

​​533 Loring Avenue

Los Angeles, California 90024

Telephone:  310.470.0999

Facsimile:    310.470.8844

e-mail:         spr@reidco.com

©  2013 Reid & Co.

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