We view diversity as one of our greatest strengths, and recognize that promoting diversity must be a continuous process that encompasses not only recruiting the best legal talent, but also developing and promoting a diverse pool of attorneys at all levels of the Firm.
Our 2012 summer associate class included 33% ethnic minorities and 50% women, and the entering associate class of 2012 is comprised of 38% ethnic minorities. The Firm has elected or hired laterally four Black, fifteen Asian, three Hispanic, and six openly gay or lesbian attorneys to partnership. In the last three years, 31% of new partners were women.The Firm has long been committed to increasing diversity in the legal profession. The watershed 1991 Statement of Diversity Principles issued by the Association of the Bar of the City of New York was written by a committee chaired by the late Cyrus Vance, then a Firm partner. The Vance Committee was comprised of senior and managing partners of many of New York City’s largest law firms and included our partners, Conrad Harper, the Firm’s first Black partner who also served as president of the Bar Association, and John W. Carr, the Firm’s second Black partner, who served as secretary to the Committee. Simpson Thacher also adopted the revised Statement of Diversity Principles in 2003. Simpson Thacher alumnus Duane Hughes of Morgan Stanley served as secretary of the drafting committee, which included Simpson Thacher partner David L. Williams. In the revised Statement, the Firm reiterated its commitment to achieve greater diversity and, among other things, pledged to hire, retain and promote entry level classes that substantially reflect the diversity of graduating law students.