William T. Reid IV

William T. Reid, IV (“Bill”) is a founding member of Reid Collins & Tsai, LLP and has developed a national reputation for successfully litigating complex commercial and financial cases.  A true trial lawyer, Bill has tried a wide range of civil and criminal cases to verdict before judges and juries in a career that has spanned almost three decades.

Bill’s considerable trial experience is as varied as the clients he represents. For three years as an Assistant United States Attorney during the 1990′s, he focused on complex drug and corruption prosecutions, trying 25 cases to verdict (securing 24 convictions) and prosecuting hundreds of cases annually. Since returning to private practice in 2000, he has put his experience to good use in the courtroom, rarely going a year without taking at least one commercial case to trial. Notably, Bill has yet to lose a jury trial since returning to private practice, and has obtained several top-100 trial judgments/verdicts for his plaintiff clients. He is currently managing a docket of plaintiff’s litigation seeking billions of dollars in damages.

In December 2017, acting pro bono, Bill won an acquittal in a public corruption case against Olga Hernandez, a San Antonio School Board member accused of bribery. In winning the Hernandez case, Bill not only achieved justice in thwarting the misguided prosecution but also accomplished what few trial lawyers achieve in their careers: jury trial wins as both civil plaintiff and defendant as well as criminal prosecutor and defense lawyer.

A seasoned commercial litigator, Bill has extensive experience trying a broad range of international, complex commercial and financial cases involving insolvency litigation, professional malpractice, business torts, fraud and complex financial transactions. In leading Reid Collins to its position as a go-to plaintiff ligation firm, Bill has handled multiple, high-stakes cases arising out of Ponzi schemes and cross-border frauds, as well as fiduciary litigation, professional liability cases, and bad-faith insurance actions.

Bill currently represents several public companies, numerous hedge funds, private equity funds, offshore liquidators, bankruptcy fiduciaries, and SEC receivers, among others.  He has established the firm as an industry leader in professional malpractice claims, achieving numerous public – as well as a number of confidential – multi-million dollar settlements against law firms, accounting firms, and directors & officers.

Additionally, Bill is now an Adjunct Professor at the University of Texas Law School, where he teaches a course he created called, Complex Financial Litigation, which is a case study approach to teaching commercial litigation practice to law students.


Awards and Accolades:

Bill is recognized annually in national industry publications as a preeminent plaintiff’s trial lawyer. In 2020, Benchmark named Bill the U.S. Plaintiff Attorney of the Year and in 2021, Law360 honored him as a “Titan of the Plaintiffs Bar,” one of only a handful of litigators in the nation so recognized.  He was named a Plaintiff’s Trailblazer by the National Law Journal and a Trailblazer by Texas Lawyer in 2019. He has also been selected as one of the Top 100 Trial Lawyers in America and a Litigation Star by Benchmark for three consecutive years (2019-2021). Lawdragon has been recognized Bill in its 500 Leading Lawyers in America for several years running, and he has been listed in the National Law Journal’s Top-100 verdicts twice since 2009.

Bar Admissions and Organizations:

Bill is admitted to practice in the United States Court of Appeals for the Second and Fifth Circuits, the United States District Courts for the Southern and Eastern Districts of New York, and all of the United States District Courts in Texas. He is a member of the American Bar Association, the Fifth Circuit Bar Association, the New York State Bar, and the State Bar of Texas.


After law school, Bill served as a law clerk to the Honorable Reynaldo G. Garza, United States Court of Appeals for the Fifth Circuit. He received his J.D., cum laude, from St. John’s University School of Law, where he was an editor of the St. John’s Law Review. Bill achieved a dual undergraduate degree – a B.A. in Economics and a B.S. in Accounting – from the University of Connecticut at Storrs, cum laude.