The International Top-15 Firm Becomes Newest Supporter of Scholarship Chicago’s High 5 Program
CHICAGO–LAWFUEL – The Law Newswire – Today, Reed Smith Sachnoff & Weaver officially announced its participation in Scholarship Chicago’s High 5 Program, an initiative aimed at increasing diversity in the professional world and improving college opportunities for talented, high-need youth. The announcement, coming directly on the heels of the combination of Reed Smith and Sachnoff & Weaver last month, marks a major step for Scholarship Chicago, which adds one of the 15 biggest law firms in the world, with a resource network of more than 1,500 lawyers, to its quickly growing roster of High 5 Partners.
While this development will greatly strengthen the relationship between Scholarship Chicago and Reed Smith Sachnoff & Weaver, it is not the first interaction between the two. In fact, they share a long history, starting with the founding of Scholarship Chicago by a Sachnoff & Weaver partner.
In 1996, attorney Gary Caplan joined forces with his childhood friends and decided to start a non-profit organization dedicated to making higher education more accessible for traditionally underserved students. That organization, which later merged with another non-profit and became Scholarship Chicago, gave birth to a new type of “scholarship” that combined programming with financial aid and worked with students all the way through their college graduation. It was a paradigm that worked, and today it continues to change the scholarship culture in Chicago by helping hundreds of low-income and minority students earn their degrees, with a 96% graduation rate.
“As a new member of the Chicago community Reed Smith is committed to investing in the work of local organizations that build and strengthen the social fabric of this community and improve its citizens’ quality of life and life chances,” said Mr. Caplan. “As one of the founders of Scholarship Chicago, I am proud that the firm has selected Scholarship Chicago as one of its first local commitments. I know Reed Smith is deeply committed to ensuring the future of minority leaders in Chicago. Today’s announcement of our participation in the High 5 program signals the beginning of a long and productive relationship between these two fine organizations.”
Reed Smith Sachnoff & Weaver joins a High 5 Program that already counts 12 major Chicago businesses as partners, including the law firms of Chapman and Cutler, Goldberg Kohn, Jenner & Block, and Winston & Strawn.
As High 5 Partners, the involvement of these companies and firms goes deep. In many ways, their most important contributions are not financial, but come in the form of internships, career workshops and mentoring support. These efforts are what truly ensure that Scholarship Chicago’s College Bound program produces a diverse group of well-prepared, young professionals who can enter the workforce and make an important contribution. As the newest High 5 Partner, Reed Smith Sachnoff & Weaver is at the forefront of those efforts, helping to shape the development of the country’s youth and leading the way toward a more diverse, well-educated American workforce.
A ten-year-old 501(c)(3) organization, Scholarship Chicago is working to change the college bound culture in Chicago by helping underserved students graduate from best-fit colleges and transition into productive careers. Along with financial assistance, students receive college preparatory programming, mentoring, summer internships and career networking opportunities. Ultimately, the goal is to produce a valuable group of future leaders and make Chicago an even better place to live, work, learn and raise a family.