Diversity A Business Necessity For Law Firms, Expert Says

Law360, New York (August 2, 2013, 9:04 PM EDT) -- Law firm diversity not only makes business sense but it may become vital to retaining client business as firms lose leverage at the bargaining table in a changing legal environment, a leading legal industry diversity advocate told Law360 on Friday.

As firm business models adapt to increasingly frugal client budgets, diversity becomes a significant factor for clients seeking legal representation that suits their business models — and their customers, according to Lori L. Lorenzo, deputy director of the Leadership Council on Legal Diversity.

“One of the...
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