Minority GCs at Fortune 500s reaches new high
A couple weeks ago, we reported some good news: A recent survey from the Minority Corporate Counsel Association (MCCA) found there are more Fortune 500 women general counsel than ever before.
August 24, 2012 at 06:21 AM
4 minute read
The original version of this story was published on Law.com
A couple weeks ago, we reported some good news: A recent survey from the Minority Corporate Counsel Association (MCCA) found there are more Fortune 500 women general counsel than ever before.
Today, we bring you more promising news from the MCCA: 47 minorities now serve as GCs at Fortune 500 companies, which is an all-time high. The number is 9.4 percent of the total number of Fortune 500 GCs and is an increase of four minority GCs since 2010—all four of which are women. The MCCA reports that the number of minority women GCs in the Fortune 500 has more than doubled between 2008 and 2011.
According to the MCCA, of the 47 minority Fortune 500 GCs, 28 are African-American, 11 are Asian-American, six are Hispanic, one is from the Middle East and one is from Armenia.
“The number of minority general counsel at Fortune 500 companies has been steadily increasing since 2008,” Joseph K. West, MCCA President and CEO, said in a press release. “A tough economy and high unemployment have hit minorities particularly hard, but when solid growth and robust hiring return, we expect to see minorities continue their advance in the legal departments of the nation's largest companies.”
For more InsideCounsel stories focused on women and minority lawyers, read:
A couple weeks ago, we reported some good news: A recent survey from the Minority Corporate Counsel Association (MCCA) found there are more Fortune 500 women general counsel than ever before.
Today, we bring you more promising news from the MCCA: 47 minorities now serve as GCs at Fortune 500 companies, which is an all-time high. The number is 9.4 percent of the total number of Fortune 500 GCs and is an increase of four minority GCs since 2010—all four of which are women. The MCCA reports that the number of minority women GCs in the Fortune 500 has more than doubled between 2008 and 2011.
According to the MCCA, of the 47 minority Fortune 500 GCs, 28 are African-American, 11 are Asian-American, six are Hispanic, one is from the Middle East and one is from Armenia.
“The number of minority general counsel at Fortune 500 companies has been steadily increasing since 2008,” Joseph K. West, MCCA President and CEO, said in a press release. “A tough economy and high unemployment have hit minorities particularly hard, but when solid growth and robust hiring return, we expect to see minorities continue their advance in the legal departments of the nation's largest companies.”
For more InsideCounsel stories focused on women and minority lawyers, read:
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 All
Beyond the Title: Developing a Personal Brand as General Counsel
Step 1 for Successful Negotiators: Believe in Yourself
Deluge of Trump-Leery Government Lawyers Join Job Market, Setting Up Free-for-All for Law Firm, In-House Openings
4 minute readTrending Stories
- 1Top Five Florida Verdicts of 2024
- 2The Evolution of a Virtual Court System
- 3New Acquitted Conduct Guideline: An Analysis
- 4Considering the Implications of the 2024 Presidential Election for Jurors in White Collar Cases
- 52024 in Review: Judges Met Out Punishments for Ex-Apple, FDIC, Moody's Legal Leaders
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
