"Well, this is how progress dies in Biglaw... with governmental posturing and a whole lot of institutional cowardice."
"Biglaw, famously brave when billing $2,000 an hour, is apparently far less courageous when asked to stand up to an administration openly hostile to diversity initiatives and perfectly willing to sic the FTC, DOJ, and EEOC on anyone who steps out of line."
"The FTC's public statement has triggered more than 30 press articles in a single week, and prompted hundreds of concerned emails from clients,"
"We've retained a senior antitrust lawyer from a top 50 firm with deep FTC experience and are working with them to educate the agency on Mansfield. But I fear the damage is already done."
Diversity Lab paused the Mansfield certification program after the FTC sent warning letters to 42 law firms suggesting possible antitrust violations. Antitrust experts say the program does not violate competition law, but the FTC's action generated extensive press coverage and client concern. Many corporate clients paused work with Diversity Lab, substantially depleting its operating funds. The founder retained a senior antitrust lawyer from a top 50 firm to educate the agency, but expressed fear that the resulting damage to the program and its momentum may be irreversible.
Read at Above the Law
Unable to calculate read time
Collection
[
|
...
]