How to Make Partner at Reed Smith


Robbie Li
June 9, 2020
Legal Career

Lloyd Lim is a partner at Reed Smith with over 15 years of litigation experience. A member of the firm’s Financial Industry Group, Lloyd has substantial experience representing traditional and nontraditional secured lenders, landlords, post-petition lenders, asset purchasers, chapter 7 trustees, bond holders, general unsecured creditors, and unsecured creditors' committees. His practice is primarily focused on complex chapter 11 cases; however, he has experience in all areas of bankruptcy law, including mid-market chapter 11 cases and chapter 7 cases. Lloyd made partner in 2019 and has been consistently named to "Texas Rising Stars" by Super Lawyers since 2017.

Lloyd joins the podcast to talk about bringing in his first major case as a 5th year associate, and gives tips on how to start a book of business. 

Listen to the episode to learn:

  • What Lloyd sees as the most common reason for companies to go bankrupt
  • How the bankruptcy system has evolved since the 2008 financial crisis and what that means for the timing of bankruptcy filings
  • How Lloyd pursued an opportunity in preference litigation to bring in his first major case as a 5th year associate
  • What tactics Lloyd has used personally to develop a robust professional network and build a book of business 
  • How Lloyd has used litigation funding to help his creditor clients pursue otherwise unattainable recoveries in bankruptcy litigation 

More tips from top litigators on how they made partner can be found on Legalist's Rainmaker podcast, now available on Spotify and Apple Podcasts.