Blackstone Forges New Ground With Pro Bono Launch

By Andrew Strickler (December 14, 2015, 7:05 PM EST) -- Private equity firm Blackstone Group quietly launched a groundbreaking pro bono program for the industry this year, raising hopes among experts that the move will catch on in other corners of corporate America with little or no history of donating legal services.

Working with a pro bono specialist at Simpson Thacher & Bartlett LLP, one of Blackstone's outside firms, the idea to organize pro bono work grew out of a push in recent years to create a more collaborative, creative environment for a growing legal and compliance team, Blackstone leaders said.

"It occurred to us that something we could do to enhance...

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