Further to the firm’s commitment as a standard bearer for diversity, equity and inclusion in the legal profession, Reed Smith today announced that it has signed on to participate in the ChIPs / Diversity Lab Inclusion Blueprint for 2021-22.

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The Inclusion Blueprint provides a first-of-its-kind tool to measure the inclusion activities that law firms can and should employ – at both the leadership and practice group levels – to ensure that historically underrepresented lawyers have fair and equal access to quality work, influential sponsors and clients, and other opportunities

The assessment includes three main categories for law firms to track, measure, and benchmark their diversity and inclusion efforts at the leadership and practice group levels: (1) current diversity representation thresholds and year-over-year progress; (2) ongoing inclusion practices and activities; and (3) a commitment to ‘hard’ actions to be implemented over the next year.

To put the commitment to “Do Something Hard” into action, the firm will participate at both the Leadership and Practice Group levels. At the Leadership level, the firm has committed to providing 50 hours of billable credit for DEI contributions and conducting a pay and origination credit equity gap analysis for all partners that measures compensation and business development/expansion credit gaps across demographic populations.