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Diversity Gap A Growing Threat To BigLaw Bottom Lines

Law360, New York (May 19, 2015, 8:58 PM EDT) -- Despite progress over the last decade and a half, minorities remain woefully underrepresented in U.S. law firms at every level, and while experts say the problem is bigger than BigLaw, they warn that a failure to act now will have dire consequences in the long run for any law firm's financial future.

White lawyers make up nearly eight in 10 attorneys and nine out of 10 partners at the 289 firms surveyed in the 2015 Law360 Minority Report, which offers a clear portrait of the struggles racial minorities face in trying to break into the upper echelons of the country's top...

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Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.

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