(Credit: ALM) Some Clients Are Pushing for Transparency Surrounding Origination Credits
In the battle over origination credits, some clients are vying for more transparency and a say in who gets the credit.
April 29, 2024 at 05:00 AM
5 minute read
What You Need to Know
- Origination credits largely remain a 'black box' at law firms, making it difficult to navigate credit discussions with firms.
- Some clients are pushing for more transparency surrounding origination credit to ensure women and minorities are getting the credit they deserve.
Origination credits are a key element to higher compensation and advancement at many law firms, though some say they can shortchange women and minority attorneys.
Origination systems and policies largely remain under wraps at most law firms, making it difficult to navigate these issues within firms. But some clients are vying for more transparency and input over who gets credit for the work.
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