Whitey Ford
01-29-2021, 08:40 PM
Coke sets diversity targets, financial penalties for outside lawyers
https://i.imgur.com/6yen16M.jpg
Coca-Cola said it will require diversity among law firms who bill it for work in the United States — and reduce payments if they don’t comply.
The Atlanta-based beverage giant’s general counsel, a recent hire from the top ranks of Ford, disclosed the changes in a letter Thursday to law firms the company uses.
“Quite simply, we are no longer interested in discussing motivations, programs, or excuses for little to no progress – it’s the results that we are demanding and will measure going forward,” Bradley Gayton wrote.
And he told The Atlanta Journal-Constitution that he hopes other major companies make similar moves to “change the trajectory” of diversity in the field.
https://www.ajc.com/ajcjobs/coke-sets-diversity-targets-financial-penalties-for-outside-lawyers/3ULNOCTJVFFP5LLHG7A5OX5334/
https://i.imgur.com/6yen16M.jpg
Coca-Cola said it will require diversity among law firms who bill it for work in the United States — and reduce payments if they don’t comply.
The Atlanta-based beverage giant’s general counsel, a recent hire from the top ranks of Ford, disclosed the changes in a letter Thursday to law firms the company uses.
“Quite simply, we are no longer interested in discussing motivations, programs, or excuses for little to no progress – it’s the results that we are demanding and will measure going forward,” Bradley Gayton wrote.
And he told The Atlanta Journal-Constitution that he hopes other major companies make similar moves to “change the trajectory” of diversity in the field.
https://www.ajc.com/ajcjobs/coke-sets-diversity-targets-financial-penalties-for-outside-lawyers/3ULNOCTJVFFP5LLHG7A5OX5334/