New Initiative Aims for 100 Black GCs at Top Companies by 2025
The long-term goal is to increase the number of black in-house legal leaders in both public and private large companies.
May 16, 2018 at 03:41 PM
3 minute read
The original version of this story was published on Corporate Counsel
A group of former and current general counsel is setting some very specific goals to increase racial diversity in the top legal spots at some of the world's largest companies.
The 2025 Black GC Initiative initially hopes to increase the number of black GCs in Fortune 1000 companies (currently at 38) to five percent of the total Fortune 1000 group by 2020. By 2025, the aim is to grow the proportion of black GCs to 10 percent of the top company lawyers in the Fortune 1000.
The long-term goal is to increase the number of black in-house legal leaders in both public and private large companies.
“We want to be able to have a pool that is robust enough that we should be able to field some qualified black candidates for about any search that opens up out there,” said Ernest Tuckett, general counsel, Americas, at Akzo Nobel Inc. and co-leader of the initiative.
The initiative was sparked by a speech by Tuckett at an annual National Bar Association Corporate Counsel event last year about diversity in the in-house community and his call to action to improve those numbers. He suggested the value of setting some goals and discussing ways to reach them in eight years. Those who volunteered to do so met, and the effort was born.
Key to the initiative's effort is the identification of so-called “ready-now” black GC candidates. To be deemed ready now, however, the candidate must be nominated or sponsored by a current or former GC, a chief executive officer or an executive search firm, said April Miller Boise, senior vice president, CLO and corporate secretary at Meritor Inc. and the other leader of the initiative.
These ready-now candidates, Boise added, are identified based on ideal core criteria necessary to be a successful GC and developed by the group's advisory council. While acknowledging that “everyone's path to the GC chair is different,” Boise said the core criteria generally can be divided into three main categories: strong executive presence and interpersonal skills, significant technical legal expertise and experience, and excellent judgment.
Candidates who believe they are set to go are encouraged to compare their experience to the core criteria and discuss that analysis with GCs that they know and trust.
“I'm sure one of the reasons that this has really resonated with people is that these are very tangible goals to drive the needle,” Boise said. “This is not just networking. It is getting to know each other so that we have these relationships and can talk about the state of the profession and how we drive that change.”
Also integral to the effort is what's called a bio book, which includes short bios and headshots of GCs and ready-now candidates. Current GCs are included because many will be candidates for new and different top-lawyer roles—leaving openings for the ready-now lawyers.
As GC searches are conducted, selected bios may be presented by a member of the advisory council or other GCs to search firms and other potential employers for further discussion with target candidates.
“This is a good opportunity to make sure that our candidates who are ready now would be on the slate for these executive recruiters,” said Tuckett.
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
© 2025 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 AllWeil Continues Private Equity-Fueled Houston Energy Expansion With Pillsbury Hire
GCs and Corporate Lawyers See Headwinds, Adjustments Ahead for M&A in 2023
6 minute readThanks to the SEC, Law Firms See Increasing Business in ESG
Trending Stories
- 1Uber Files RICO Suit Against Plaintiff-Side Firms Alleging Fraudulent Injury Claims
- 2The Law Firm Disrupted: Scrutinizing the Elephant More Than the Mouse
- 3Inherent Diminished Value Damages Unavailable to 3rd-Party Claimants, Court Says
- 4Pa. Defense Firm Sued by Client Over Ex-Eagles Player's $43.5M Med Mal Win
- 5Losses Mount at Morris Manning, but Departing Ex-Chair Stays Bullish About His Old Firm's Future
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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