Hunton & Williams is to decide in the next fortnight whether it will move to the next stage in merger talks with Addleshaw Goddard, Legal Business has learned, with Addleshaws also in talks to merge with German outfit Luther. Continue reading “Addleshaws US talks reach decisive stage as firm enters discussions with German outfit Luther”
KWM latest: Fieldfisher and Debevoise latest to hire from ailing European partnership
Fieldfisher and Debevoise & Plimpton are the latest to hire from King & Wood Mallesons‘ (KWM) ailing European practice. Fieldfisher hired technology partner James Walsh, whilst Debevoise announced it is taking on private equity lawyer Simon Witney as a consultant. Continue reading “KWM latest: Fieldfisher and Debevoise latest to hire from ailing European partnership”
Maurice Allen to advise DLA Piper while remaining consultant at Ropes
Maurice Allen, Ropes & Gray‘s UK office founder and former senior partner is to join DLA Piper on 1 February as a consultant to develop the firm’s finance sector strategy. Continue reading “Maurice Allen to advise DLA Piper while remaining consultant at Ropes”
US partner promotions: MoFo and Akin Gump make up one each in London
Morrison & Foerster and Akin, Gump, Strauss Hauer & Feld have both promoted one woman each to their London offices in their 2017 rounds. Continue reading “US partner promotions: MoFo and Akin Gump make up one each in London”
Bakers takes on seven lawyer team from KWM including London employment head
Baker & McKenzie is to take on two partners from King & Wood Mallesons‘ European partnership including private equity partner Will Holder and employment partner Carl Richards. Continue reading “Bakers takes on seven lawyer team from KWM including London employment head”
Hogan Lovells appoints three in London in 29-strong global partner promotions round
Hogan Lovells‘ round of New Year promotions has seen the firm appoint 29 new partners including three in London. Continue reading “Hogan Lovells appoints three in London in 29-strong global partner promotions round”
‘Old fashioned and bureaucratic’: Law Society chief exec Dixon resigns over lack of governance reform
The chief executive of the Law Society Catherine Dixon resigned last night (3 January) citing a lack of governance reform in the group’s council. Continue reading “‘Old fashioned and bureaucratic’: Law Society chief exec Dixon resigns over lack of governance reform”
KWM Europe halts pay for 100 staff as it prepares for administration
Today (4 January) the European partnership of King & Wood Mallesons (KWM) has stopped paying 100 staff as the firm heads towards administration. The firm confirmed its intention to file for administration in a court filing in December 2016.
Continue reading “KWM Europe halts pay for 100 staff as it prepares for administration”
‘A great tactician’: Latham City disputes chair exits for boutique
Boutique disputes outfit Signature Litigation has landed top commercial litigation and arbitration lawyer Simon Bushell from Latham & Watkins. Continue reading “‘A great tactician’: Latham City disputes chair exits for boutique”
Leadership pay at Clifford Chance up 7% in 2015/16 after falling the year before
Clifford Chance‘s (CC) 12-strong executive leadership group saw their combined pay packets increase by 7% to £15m, the firm’s LLP accounts for 2015/16 on Companies House reveal. Continue reading “Leadership pay at Clifford Chance up 7% in 2015/16 after falling the year before”
Football start-up Dugout appoints first in-house lawyer
Social media football start-up Dugout has appointed its first in-house counsel from Perform Group as it gains backing from some of the sport’s biggest clubs.
Continue reading “Football start-up Dugout appoints first in-house lawyer”
Trowers LLP accounts show top member takes home less as profits flat in 2015/16
Trowers & Hamlins‘ top paid member took home £448,698 for the 2015/16 financial year, down 4% on the year previous, according to the firm’s LLP accounts. Continue reading “Trowers LLP accounts show top member takes home less as profits flat in 2015/16”
‘Our growing European footprint’: DWF launches in Paris with four partner firm
Following its Belfast merger at the end of 2016, DWF has launched in Paris with the acquisition of four partner law firm Heenan Paris. Continue reading “‘Our growing European footprint’: DWF launches in Paris with four partner firm”
Linklaters continues litigation push with Goldman Sachs hire
Linklaters has hired Goldman Sachs managing director Susana Cao Miranda as a partner to strengthen its London litigation offering.
Continue reading “Linklaters continues litigation push with Goldman Sachs hire”
RBS divisional GC leaves following legal team restructuring
RBS’ general counsel (GC) for corporate & institutional banking (CIB) Dan Williams has left the legal team of the banking group. Continue reading “RBS divisional GC leaves following legal team restructuring”
Tom LaFrance, general counsel, GE Transportation
The idea for the Denniston Fellowship originated from my own frustrations with other diversity and inclusion initiatives. We participated in a diversity summer internship program in 2013 where a law student spent a few weeks of the summer with a law firm and three weeks with our team.
Continue reading “Tom LaFrance, general counsel, GE Transportation”
Jean Lee, CEO, Minority Corporate Counsel Association
Reflecting on the MCCA’s 20th anniversary, I do think there has been a significant shift in the last 20 years. I think that is as a result of the elevation in the role of the in-house lawyer; Ben Heineman, former general counsel of GE, is credited as the godfather who revolutionized the role of in-house lawyers.
He believed in hiring the best and wooing the best talent to his legal department. As a result of his model, GE lawyers are always considered to be at the top of the tree. More generally, perception of the role has shifted from mediocre at best to being considered at the top of your game if you are a GC at a Fortune 500 company. Today, in-house lawyers and general counsel have so much more power than maybe even they realize, particularly in regards to D&I where they can control a lot more.
The MCCA focus when we started was to diversify the profession and ask how corporate counsel can play a role in that. If you look at percentages now, they are still terrible. But if you look at raw numbers, they have significantly improved. The MCCA’s role was critical then for that reason and is equally critical now for a different reason. We see that overall numbers have improved because more people are going to law school, but what hasn’t changed is overall diversity at the top.
Vision
My focus and vision for the MCCA is that we need to change representation at the top. Overall applications for minority law students are now down more than the general population; if you parse that out, applications for Asian American students are down the most. When there are fewer people coming through the pipeline, there are less for recruiters to choose from. One hypothesis is that diverse people are looking at the equation of how much they would spend on law school, how much they would have to work in a law firm, and still see no chance of making it to the top.
In the US in recent years, we do have the highest number of firsts and trailblazers thanks to the legacy of President Obama: The first African American attorney general, first African American woman attorney general, the first Latina to the United States Supreme Court. There has to be change at the top and that’s true in law firms and companies as well. In serving consumers and shareholders they are not serving just Caucasian men and women, but the legal profession remains predominantly white. 84% of the profession are white, and 92% of the upper-echelon roles – top general counsel and equity partners – are white.
We are developing a number of new programs to tackle this.
Equity track
Our survey, which was conducted in association with Vault, looked at the top 200 law firms in the US and how small numbers are for African American, Hispanic and Asian Americans as law firm partners. This program is to help partners at these firms formulate a strategy for business development and execution, where they can learn the skills required to continue to grow a book of business, because ultimately in law firms today that’s what matters. Many have shared that once you make partner there aren’t the same developmental resources available. That is why we will collaborate with those partners to provide access to professional resources where possible. We’re also giving law firm associates the opportunity to network with junior in-house lawyers to help in this sphere.

The c-suite project
The c-suite program is an effort by MCCA in collaboration with prominent diverse Fortune 500 general counsels to effectively change the landscape of the legal profession at its highest levels. In order to achieve this goal, the suite program provides a platform for the senior leaders to achieve three sub-goals: identify, develop and promote talented diverse lawyers. The c-suite program is structured with panels, workshops and recruiters to achieve those three sub-goals.
I conducted similar programs before I took this role for the Asian American community. It doesn’t mean that if you attend this you will become a Fortune 500 GC. But it will give people information and skills so that they are ready when they get the call. We are working with influential people and reaching out to Fortune 500 GCs who can lend their names and muscle to the program.
There are key practical steps that every in-house counsel can take regarding diversity. Lots of Fortune 1000 companies have very small legal deptartments. Those lawyers can actually make a huge impact, as you can really look at the diversity of the law firms you are hiring and keep them accountable. The effects of this can be big, for example, if you are a small company that has ten lawyers, you probably won’t have huge amounts of transactions or litigation, but when you use outside counsel you are using them for larger matters. Well, as an in-house lawyer today you have much more power than you did 20 years ago. You can say you can have my work but I want to know I have diverse lawyers really working on my slate. It’s about making your counsel accountable and checking it is really happening.
Looking at this as part of our 20th anniversary next year as I feel we all need to be working together in the profession but one thing that it hasn’t happened is a concerted collective effort.
Jackie LiCalzi, managing director and global head of regulatory relations group, Morgan Stanley
There are two perspectives for me with regards to sponsorship, firstly as a prior beneficiary of sponsorship and secondly, as someone who is now in a position to pass it on and sponsor others.
Nell O’Donnell, general counsel, Brocade
A diverse workforce means you have a diversity of experience and a diversity of opinion, which translates into better products and better services. We service customers worldwide and our team has to reflect that in order for us to remain competitive.
Shaping diversity: part three
Mentoring and sponsorship
One trend which emerged in the research conducted to support this report, was a much more serious focus on sponsorship and mentoring in the US compared with the UK and Europe.
