JPMorgan Initiative Aims to Boost Women's Roles on Litigation Teams
The bank wants at least 50 percent women or lawyers from other underrepresented demographic groups in leadership positions on its litigation matters, as well as among its chosen arbitrators.
November 28, 2017 at 06:17 PM
5 minute read
Photo: Shutterstock.com
After the New York State Bar issued a report last summer on women's underrepresentation in courtrooms, its lead author, former U.S. District Judge Shira A. Scheindlin, followed up with an op-ed in The New York Times. Both her report and article posed a rhetorical challenge for law departments and law firms: If not now, when?
In December, the law department at JPMorgan Chase & Co. has invited mostly women lawyers from 15 of its regular outside firms to an event aimed at replying to that challenge with an exuberant “Now.”
The event is scheduled to be held at Sullivan & Cromwell's Manhattan offices on Jan. 30. The gathering, where Scheindlin is scheduled to speak, will kick off what JPMorgan has tagged a “Leading With Diversity” initiative. Its ultimate goal: to have at least 50 percent women or lawyers from other underrepresented demographic groups in leadership positions on the bank's litigation teams, as well as among its chosen arbitrators.
Jill Centella, a senior vice president and co-head of litigation for JPMorgan, spelled out some of the bank's priorities as it heads into the new year. ”We expect our matters to be staffed with talented, diverse attorney and nonattorney teams,” Centella wrote. “When compiling a list of recommended mediators, experts, or other vendors, a diverse slate of candidates should be the norm, and you are encouraged to make this a standard within your firm.”
Centella also made it clear that the bank isn't just pursuing diversity for diversity's sake. “The business case for diverse teams is well established and we strongly believe that this measurably impacts legal outcomes given that our customers, the communities we serve and the finders of fact are also diverse. This is not just the right thing, but the prudent thing, to do,” she wrote.
While the bank aims to promote diversity of all kinds, this particular initiative emphasizes women's underrepresentation, Centella said.
The firms Centella has invited, in addition to Sullivan & Cromwell, are: McGuireWoods; Stroock & Stroock & Lavan; Wilmer Cutler Pickering Hale & Dorr; Morgan, Lewis & Bockius, Winston & Strawn; O'Melveny & Myers; Covington & Burling; Skadden, Arps, Slate, Meagher & Flom; Debevoise & Plimpton; Latham & Watkins; Buckley Sandler; Simpson Thacher & Bartlett; Sidley Austin and Bryan Cave.
|'Roomful of White Men'
Centella was inspired partly by Scheindlin, who said she looked forward to attending the kickoff event. But Centella also cited a moment this past March, as a trial got underway in New York state Supreme Court Justice Saliann Scarpulla's courtroom. Before the proceedings began in earnest, Scarpulla asked for any women who would be speaking in court for either side to stand up.
Sullivan & Cromwell partner Sharon Nelles.
One lawyer representing JPMorgan Chase stood up; none for the bank's opponents, Centella recalled.
It was “a roomful of white men,” she said.
In the New York State Bar report, issued in August, Scheindlin and the other authors based their conclusions on the observations of judges like Scarpulla who were asked to record the gender of all the litigators assuming speaking roles in their courtrooms. Their results showed that female attorneys comprise only about 25 percent of attorneys in lead counsel roles in courtrooms statewide.
“As a federal district court judge in New York, I often encountered this courtroom scene: A senior partner in a large law firm would be arguing a motion. I would ask a tough question. He (and it was usually a man) would turn to the young lawyer seated next to him (often a woman). After he conferred with her repeatedly, I would ask myself why she wasn't doing the arguing, since she knew the case cold,” Scheindlin wrote in her Times op-ed. “In the 22 years I spent on the federal bench before stepping down last year, not much changed when it came to listening to lawyers. The talking was almost always done by white men.”
After the column ran in August, Centalla lunched with Sharon Nelles, a Sullivan & Cromwell partner and member of the firm's executive committee, and Mary Hackett, a McGuireWoods partner.
“Have we really done enough to move the needle on this?” Centella remembers asking the established women lawyers. “We didn't feel like we had,” Centella said.
The law firms invited to January's gathering were each asked to send at least two women lawyers, or lawyers from otherwise frequently underrepresented groups, and to include one associate. After the event, Centella plans to hold monthly sessions with the same group. With the regular gatherings, she hopes to keep the focus on the 50 percent goal, and also get to know more women at each firm.
“We want to take a little risk working with new people. It will be highly contagious once we start doing it. After this year, when we are really hyper-focused on this, it will just become natural,” she predicted.
Sullivan & Cromwell's Nelles, who has spent years battling financial crisis-related litigation and other matters for JPMorgan, said her firm was more than eager to partner with the bank on the initiative.
“We here at S&C have a long list of exceptionally talented diverse lawyers who are ready and eager to work with the J.P. Morgan legal team, show what they can do, run with major matters, take a first chair, and become trusted advisors on critical issues,” Nelles wrote in an email. “And that list is now in Jill Centella's excellent hands!”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllTrending Stories
- 1Gibson Dunn Sued By Crypto Client After Lateral Hire Causes Conflict of Interest
- 2Trump's Solicitor General Expected to 'Flip' Prelogar's Positions at Supreme Court
- 3Pharmacy Lawyers See Promise in NY Regulator's Curbs on PBM Industry
- 4Outgoing USPTO Director Kathi Vidal: ‘We All Want the Country to Be in a Better Place’
- 5Supreme Court Will Review Constitutionality Of FCC's Universal Service Fund
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250