ESG Catches Fire: Can Law Firms Play a Role in Sustainability and Human Rights?
Corporations are increasingly being measured by more than just their stock price, prompting them to seek help from law firms' ESG practices.
February 19, 2021 at 06:47 PM
11 minute read
This content originally appeared in The Global Lawyer — our weekly summary of the major news and trends affecting the global legal industry. I'm Lisa Shuchman, executive editor of Law.com International. Please feel free to contact me here, and If you'd like The Global Lawyer to arrive in your inbox every Monday, sign up here.
Much of the world is celebrating the Year of the Ox this week—a year in the Lunar Calendar that symbolizes honesty, patience, hard work and positivity. And much of the world is feeling more positive, as people are finally able to imagine a post-COVID future. But as the threat of the virus still looms, as global warming continues to destroy the planet, and as people across the globe fight oppression and persecution in different forms, corporations and law firms are beginning to acknowledge that they have a role to play in making a difference.
This has become evident in our recent reporting on environmental, social and governance practices, which are proliferating at law firms around the globe. The momentum is driven by government regulations, institutional investors, and corporate clients.
Dylan Jackson wrote last week that Seyfarth Shaw announced it has formed an ESG group, co-led by attorneys based in London, Chicago and San Francisco. The same day, Hunton Andrews Kurth announced the formation of its ESG group. And Orrick Herrington & Sutcliffe bolstered its ESG practice with the hire of Ashley Walter, an expert in corporate and social responsibility, who will head the firm's ESG team. And earlier this month, Gibson, Dunn & Crutcher announced its new ESG practice.
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8 minute readLaw Firms Mentioned
- Freshfields Bruckhaus Deringer
- Hunton Andrews Kurth
- Ashurst
- Gibson, Dunn & Crutcher
- Jones Day
- Armstrong Teasdale LLP
- Steptoe & Johnson LLP
- DLA Piper
- Orrick, Herrington & Sutcliffe
- Seyfarth Shaw
- Winston & Strawn LLP
- Rajah & Tann
- Debevoise & Plimpton
- Baker McKenzie
- Herbert Smith Freehills LLP
- Hogan Lovells
- Wachtell, Lipton, Rosen & Katz
- Paul, Weiss, Rifkind, Warton & Garrison
- Clifford Chance
- Amarchand & Mangaldas & Suresh A Shroff & Co
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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.
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