On July 28, Porter & Hedges announced that Robert G. Reedy (pictured) has assumed his new position as the firm's first managing partner; he will serve a four-year term. The 100-lawyer Houston firm has been led since its inception in 1981 by Bill Porter, a partner and now chairman emeritus. Reedy, a partner in the corporate and securities group, is a 20-year veteran of Porter & Hedges and 1978 University of Texas School of Law graduate. He says he doesn’t expect to make dramatic changes to the firm's business strategies anytime soon. “Gosh, I don’t think I need to do anything vastly different. The firm is in great shape,” Reedy says. In his first few days on the job, Reedy, who was elected by a vote of the partners, has begun interviewing prospective lateral hires. Although he says the firm has set no number of lawyers to add, it does plan to do some hiring, with an eye to keeping the firm split relatively evenly among litigators and transactional lawyers. “I don’t think we want to change that balance. We want to keep that same mix. You don’t want to have one area dominate the other,” says Reedy.
-- Miriam Rozen