High-End M&A Meets a New Challenge: Too Many White Men
White-shoe firms such as Cravath and Sullivan & Cromwell say they are making progress, including helping to ensure new mothers can fill roles on deal teams.
April 22, 2019 at 05:30 AM
5 minute read
As the legal industry places more emphasis on diversity, the scrutiny hasn't escaped one of the profession's most exclusive corners: high-stakes mergers and acquisitions.
But for Wall Street firms that rarely hire laterals, ensuring diversity on trusted deal teams can be especially challenging, and efforts to retain and promote diverse lawyers early in the associate cycle are especially critical.
Some firms in that group, including Cravath, Swaine & Moore and Sullivan & Cromwell, say they are making progress on that front.
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