Reed Smith LLP and Athens-based law firm Papapolitis & Papapolitis, which have worked together for the last two years, announced on Tuesday they have made their relationship official with a strategic alliance.

The firms expect to work together on the large projects and transactions anticipated in Greece as a result of the economic situation and ongoing structural reforms, Reed Smith said in a statement.

Reed Smith has an office in Piraeus, Greece, that focuses on shipping, life sciences, commercial disputes and corporate matters.

P&P, which lists 15 lawyers on its website, is known for advising on banking, finance, capital markets, corporate and mergers and acquisitions, dispute resolution and real estate, Reed Smith said.

“With this new alliance, we have an even stronger platform in the Greek legal market and an ability to deal with even larger and more complex projects serving our clients’ growing needs,” said John Reece, Reed Smith’s office managing partner in Greece.

“Our newly formalized strategic alliance will ensure both firms are in an exceptional position to provide clients with seamless expertise both locally in Greece and internationally across Europe, the Middle East, Asia and the United States.”

[Bloomberg]