HP to withhold fees from law firms that do not meet diversity requirements
Tech company to withhold up to 10% of fees invoiced by law firms that do not meet diversity criteria
February 14, 2017 at 09:15 AM
4 minute read
In-house legal departments regularly encourage, and in some cases require, that outside firms have some level of diversity in staffing legal work. HP has taken this mandate a step further – saying the company will withhold invoiced fees from firms that do not meet diversity requirements.
Kim Rivera, HP's chief legal officer and general counsel, announced the Palo Alto-based company's policy in a letter to partner law firms on 8 February. HP implemented its directive, Rivera wrote, to "emphasise the business imperative to make meaningful strides in diversity" at partner firms.
"With this we can withhold up to 10% of all amounts invoiced by law firms that do not meet or exceed our minimal diverse staffing requirements," wrote Rivera, HP's general counsel since November 2015.
The new policy will apply to all US-based law firms – with 10 or more attorneys – that HP hires. To avoid a potential fee cut, firms must field "at least one diverse firm relationship partner, regularly engaged with HP on billing and staffing issues" or "at least one woman and one racially/ethnically diverse attorney, each performing or managing at least 10% of the billable hours worked on HP matters".
The holdback will not go into effect until the second year of HP's engagement with a firm, giving firms time to comply and HP time to test the programme.
Companies have increasingly placed emphasis on diversity and inclusion in outside firms – Microsoft offers annual bonuses to firms to increase diversity in partnership and leadership – but HP's mandate is novel, said Gary Sasso, president and chief executive of Carlton Fields Jorden Burt and vice-chairman of talent development for the Leadership Council on Legal Diversity.
"Some general counsel have talked about favouring law firms that are more successful in diversity and inclusion and, in extreme cases, deciding to work less with law firms that were less aggressive [on diversity]," Sasso said. "But I haven't seen anything like this."
Hassia Diolombi, a partner in Shook Hardy & Bacon's Miami office, said that although companies do incentivise outside firms to use diverse teams, "punishments seem new".
Diolombi said some firms may not be supportive at the outset of HP's new policy. "But you have to make your clients happy if you want to keep them…so I think people are going to do this and just eventually see it as another cost of doing business," she said.
For firms committed to promoting diversity, HP's holdback mandate will not be a huge ask, Diolombi said. "I think firms that are dedicated to diversity and inclusion, that have programmes in place and are implementing their own inclusion efforts, won't have a problem with this," she said. "It'll just be an extension of those programmes."
Rivera, who spoke at an American Bar Association event in August about HP's drive to create opportunities for diversity, said in the letter that she is looking to the "courage and vision" of outside firms to support the holdback policy. "I count on you, as our partners, to help make a positive impact on the profession," she said.
HP's new holdback mandate could help ensure firms follow through on what they say about promoting diversity in the law, said Susan Hackett, founder of Legal Executive Leadership, a legal consultancy for corporate law departments.
"They are putting teeth in diversity policies, which for many companies and many firms end up being more about words than actions," said Hackett, a former general counsel to the Association of Corporate Counsel.
As to whether other legal departments will follow HP's lead on holding back fees, Hackett said she believes the company's mandate could become more common. But it is likely to start with "large companies first and then it will trickle through the profession over time".
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 AllUK Black History Month: Four A&O Shearman Staffers Honour Their Unsung Heroes
6 minute read'But We Exist': The Stigma Around Disability and Neurodivergence in Law Firms Persists
6 minute readTrending Stories
- 1Elon Musk Names Microsoft, Calif. AG to Amended OpenAI Suit
- 2Trump’s Plan to Purge Democracy
- 3Baltimore City Govt., After Winning Opioid Jury Trial, Preparing to Demand an Additional $11B for Abatement Costs
- 4X Joins Legal Attack on California's New Deepfakes Law
- 5Monsanto Wins Latest Philadelphia Roundup Trial
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