Recognizing the importance of diversity and inclusion in the legal profession, Biglaw firms have started to implement strategies to improve how their workforces operate when it comes to moving toward achieving equity. We’ve previously acknowledged Dorsey & Whitney, Hogan Lovells, Reed Smith, and Cooley as firms where approved diversity and inclusion-related work will be billable for attorneys and will count toward bonus thresholds. We’ve just received word that yet another leading law firm has had a successful program like this that’s been quietly running since summer 2020 — and this firm is offering the highest number of billable diversity and inclusion hours we’ve heard of yet.
Baker McKenzie — the firm that was the first to announce 2020 bonuses and sits at #4 in the latest Am Law 100 rankings — rolled out its diversity and inclusion billable hours credit program in July 2020 when it announced the formation of an Anti-Racism Taskforce. Here’s an excerpt from the firm’s announcement:
The Firm’s Anti-Racism Taskforce will examine the Firm’s hiring processes, work allocation systems, partner promotions and other long-standing practices with a critical eye toward rooting out bias and increasing equity and inclusion. The Taskforce will work closely with the Firm’s leadership to bring about concrete change. The Firm’s recognizing and providing credit for attorney time spent on diversity and inclusion activities includes up to 125 hours annually in the US and Canada and 50 hours annually in Mexico.
Baker McKenzie’s 125 billable D&I hours dwarfs the offerings of all other firms we’ve covered by 75 hours. This is a major move in the right direction. Firm leadership shared their thoughts on why this was such an important step to take:
North America Chief Executive Officer, Colin Murray, said, “At Baker McKenzie, we stand united as a Firm in saying that Black lives matter. We are adopting meaningful, concrete changes within the Firm to dismantle institutional bias and to walk down the path to full inclusion and equity.”
Director of Global Diversity & Inclusion, Anna Brown, said, “Baker McKenzie is not neutral. We are committed to taking an affirmative stand and putting action behind our words. These actions are steps forward in those efforts, and we look forward to making meaningful, long overdue change.”
Congratulations to Baker McKenzie on its commitment to diversity, and for offering its attorneys a way to create a more inclusive workplace. If diversity billables are anything like bonuses, perhaps we’ll see more firms rushing to meet (or perhaps even beat) the firm’s 125-hour rule. Which firm will take the challenge?
Baker McKenzie Forms Anti-Racism Taskforce to Build Inclusion and Equity Inside and Outside the Firm [Baker McKenzie]
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.