Reed Smith is offering lawyers up to 50 billable-hours credit for work done to promote diversity and gender equality in the law, following several other firms in rewarding activities that have historically not been included in quantitative performance tracking.
All of the firm’s lawyers and other timekeepers can now receive credit for planning diversity events, serving in affinity group leadership roles, developing training programs, participating in mentorship programs, and attending client-sponsored diversity- or gender-focused events, the firm announced Wednesday. The policy takes effect immediately and is retroactive to January 1.
The move is an effort to increase the firm’s overall ...