If you’re looking for confirmation of the Clifford Chance bonus announcement we posted yesterday, check out this short article from Legal Week.
In other CC news, the firm is making overtures to LGBT lawyers, in the wake of its own Brokeback Lawfirm scandal. From TheLawyer.com:
Clifford Chance is setting up a lesbian, gay, bisexual and transgender (LGBT) network just months after settling a sexual orientation discrimination claim from former competition partner Michael Bryceland….
Clifford Chance tax partner Stephen Shea, who has been active in setting up the LGBT group, said the firm established the network to further foster diversity, but also to respond to client demand. As reported by The Lawyer (21 May), JPMorgan now asks prospective panel firms for diversity statistics and companies such as Transport for London are following suit.
This is par for the course — and in the U.S., too. If you want law firms to focus more on diversity, or if you think they focus too much on it already, you need to look to their clients. Much of Biglaw’s current emphasis on diversity is being driven by clients: Fortune 500 companies that want to be able to say they have diverse teams of lawyers handling their legal matters.
Clifford Chance Joins the N.Y. Bonus Wars [Legal Week]
Clifford Chance set to launch gay network [TheLawyer.com]
Earlier: Associate Bonus Watch: Clifford Chance Matches (For the Survivors)