Diversity. Equity. Inclusion.
Raising the bar – one law firm at a time.
The 2023 Bloomberg Law DEI Framework
From clients to talent – the key to tomorrow’s success is inclusion today.
It’s never been more critical for law firms to demonstrate their commitment to DEI. The biggest companies and the most promising attorneys are all looking for firms that promote equity, and rejecting those that don’t.
If you want to recruit or retain the brightest legal minds to choose or remain at your firm, DEI is essential.
It’s not lip service: the large corporate clients you want to work for are demanding firmwide diversity, equity, and inclusion as a prerequisite.
The world is watching to see which organizations are elevating equity as a priority and judging those that aren’t—harshly.
What is the Bloomberg Law DEI Framework?
The Diversity, Equity, & Inclusion Framework is a listing of law firms that meet or exceed a rising standard for diversity, equity, and inclusion in their firm.
Standardized disclosure of diversity-related data allows firms to attract and retain talent, and also allows companies looking to procure legal services to easily compare law firms from a supplier diversity standpoint through the following benchmarks:
- Leadership & Talent Pipelines
- Recruitment & Retention
- Business Innovation & Strategy
- Bias & Harassment Training
- Diverse Brand
A note from the President
Two years ago we launched the inaugural edition of the Bloomberg Law DEI framework, a groundbreaking program designed to recognize law firms’ commitment to DEI through a rigorous, quantitative methodology. We were so impressed with the response – both from participants and the legal industry – that our biggest concern was how to keep the momentum going.
I am happy to report that interest in driving diversity, equity, and inclusion in the market for legal services has not waned. In fact, participation in last year’s DEI Framework was up nearly 50% from the previous year, with over 50 US-based law firms submitting data.
The results show clear signs of progress. For example, 70% of firms reported requiring diversity in the pool of candidates for management and leadership positions, compared to just 58% a year ago.
As with last year, our focus is on celebrating the firms who lead the pack on DEI initiatives. I want to congratulate those firms who made the list.
I also want to thank firms who submitted data but were not selected. We are committed to providing you valuable, data-driven feedback that will help your firm bolster its efforts in the future.
Please review this site for more information about the framework.
Sincerely,
Joseph P. Breda
President, Bloomberg Law
For details on the data collection process, data privacy and security, and the framework listing, download the full FAQ document.
You can also download the full questionnaire for the 2023 DEI Framework now.
2022 Member Firms
- Baker, Donelson, Bearman, Caldwell & Berkowitz, PC
- Barnes & Thornburg LLP
- Buchanan Ingersoll & Rooney PC
- Cadwalader, Wickersham & Taft LLP
- CDF Labor Law LLP
- Chamberlain Hrdlicka
- Covington & Burling LLP
- Crowell & Moring, LLP.
- Davis Wright Tremaine LLP
- Dinsmore & Shohl LLP
- Drew Eckl & Farnham
- Edlin Gallagher Huie + Blum
- Epstein Becker & Green, P.C.
- Fish & Richardson P.C.
- Foley & Lardner LLP
- Fox Rothschild LLP
- Freshfields Bruckhaus Deringer US LLP
- Friedman Kaplan Seiler & Adelman LLP
- Greenberg Traurig, LLP
- Haynes and Boone, LLP
- Hogan Lovells
- Holland & Knight LLP
- Hooper Lundy & Bookman, PC
- Hunton Andrews Kurth LLP
- Kutak Rock LLP
- Lane Powell PC
- McCarter & English, LLP
- McDermott Will & Emery LLP
- Morgan, Lewis & Bockius LLP
- Munger, Tolles & Olson LLP
- Ogletree, Deakins, Nash, Smoak & Stewart, P.C.
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
- Potomac Law Group, PLLC
- Proskauer Rose LLP
- Reed Smith LLP
- Schnader Harrison Segal & Lewis LLP
- Sheppard, Mullin, Richter & Hampton LLP
- Steptoe & Johnson LLP
- Thompson Coburn LLP
- Thompson Hine LLP
- Tucker Ellis LLP
- Vinson & Elkins LLP
- WilmerHale
Join the list of 2023 DEI Framework Member Firms.
Findings from the 2022 DEI Framework Data
Bloomberg Law Diversity Equity and Inclusion Framework FAQs
What is the Bloomberg Law Diversity Equity and Inclusion Framework?
The Bloomberg Law Diversity Equity and Inclusion (DEI) Framework (the “Framework”) is a listing of law firms that meet or exceed an established threshold of diversity measured across areas such as recruitment and retention, leadership and talent pipelines, and business strategy—as determined by a panel of experts from industry, academia, and the legal industry. There are numerous studies that demonstrate the positive impact of diversity on business outcomes, and many corporations are now requiring outside counsel to demonstrate their commitment to diversity before winning business. Bloomberg Law’s DEI Framework provides a platform for standardizing law firm diversity metrics, allowing firms to provide their data in one comprehensive Data Collection Instrument (the “Collection Instrument”) and corporations to quickly access a DEI Framework Listing (the “Listing”) of firms that meet or exceed an established threshold of diversity, equity, and inclusion.
How was Bloomberg Law’s DEI Framework Data Collection Instrument developed?
The Bloomberg Law team worked closely with our partners from Bloomberg’s Gender-Equality Index team, as well as diversity leads at major law firms to design a comprehensive data collection instrument. Going forward, the Collection Instrument will be reviewed and updated annually to ensure alignment with global trends, methodologies, and best practices.
What are the eligibility criteria for inclusion in the Listing?
At this time, only U.S. based law firms are eligible for Listing inclusion and participation in the Framework.
Is there a DEI Framework for in-house legal departments?
Not yet. However, this is an important and evolving area, so we may expand the DEI Framework to include in-house legal department at some point.
Are law firms ranked?
No. The Listing is a catalog of all law firms that meet or exceed an established threshold of diversity, equity, and inclusion.
Will I be able to see all the data that the Collection Instrument asks for/collects before I begin?
Yes. Once you receive your personal invitation (see “Submitting Your Data” section below for more details), the first page of the data upload site will provide a link to download a PDF of all questions, or request a copy by emailing us at DEI_Framework@bloombergindustry.com
Do I have to answer every question?
We encourage you to answer and provide data for as many questions as possible to give the fullest picture of the diversity, equity, and inclusion efforts at your firm. However, each firm has the discretion to decide the number of questions within the Collection Instrument it chooses to answer and data it chooses to disclose.
What happens after I submit data?
Once data is submitted, a Bloomberg Law data analyst will review your submission to validate and confirm the submission, including reviewing any links provided. If we have any clarifying questions for you, we will reach out to you with notes on your submission to review. Final data will be scored for Listing inclusion and you will also receive a summary report of your score for internal benchmarking purposes. You may download a PDF of your full submission once you have finished entering your data. You can also request that we send this to you. Email your request to DEI_Framework@bloombergindustry.com
How is scoring determined?
We use a proprietary scoring model to determine each firm’s Framework score, and those firms with a score at or above an established threshold will be included in the Listing. The scoring model is developed and validated by a panel of experts from industry, academia, and the legal industry. Detailed scoring methodology from 2022 can be view here [link to methodology doc]. The 2023 scoring will be largely the same.
Will my firm’s data be available online?
No, any individual firm responses submitted will not be identified, included, or published on our website or in the Listing itself. However, the firms included in the Listing will be publicly available on our website pro.bloomberglaw.com/DEI. Aggregate high-level findings—including overall reported industry demographics and percentage of firms with various policies—will also be available on this website once all data is analyzed in Q3 2023. Firms who make the Listing may also have an identifier attached to their firm profile within the Bloomberg Law platform and on the Bloomberg Terminal.
What happens if my firm does not make the Listing, can we appeal?
No. There is no appeals process; however, if you believe there is an element of diversity, equity, and inclusion that the Framework is missing please let us know as we intend to update the Collection Instrument annually.
Where do I go to submit data via the Collection Instrument?
You may request a personal invitation to upload your firm’s data here https://research.az1.qualtrics.com/jfe/form/SV_8oCqkZAXmpTpytg. This can also be accessed via the Framework site pro.bloomberglaw.com/DEI. If you would like additional information before requesting your invitation, please email DEI_Framework@bloombergindustry.com
Is the site Bloomberg Law uses for the Collection Instrument secure?
Bloomberg Law takes extensive measures to protect and secure your personal information and company data. Data is collected through Qualtrics Labs, Inc. (“Qualtrics”). For more information about Qualtrics’s security practices, see here. For information on their handling of personal information please see their Privacy Statement here.
All data files are then downloaded and stored securely on servers owned by Bloomberg Industry Group and its corporate affiliates. Access to the data will be limited to the Bloomberg Law Data Analysis and Surveys and support teams. For more information on how Bloomberg Industry Group handles personal information please see our Privacy Policy. Only verified and invited users may access the data Collection Instrument.
What is Bloomberg Law’s policy for data collected as part of the Framework?
A full description of the DEI data policy can be found at: [TO ADD LINK to LEGAL Notice and disclaimer]
How are users verified on the portal?
Users (i.e. those individuals wanting to participate in the Framework) are reviewed by a Bloomberg Law analyst to ensure they are an appropriate data contributor from a qualifying U.S. law firm.
What if I have questions on the Framework?
The Bloomberg Law team is here to support you throughout the entire reporting process. You may contact the team at DEI_Framework@bloombergindustry.com or Molly Huie (Team Lead – Data, Legal Analytics & Business) directly at mhuie@bloombergindustry.com if you have questions or feedback. We are also happy to schedule a call to discuss your questions.
Is there any cost associated with submitting data or inclusion in the Listing?
No. Submitting data and inclusion in the Listing is free to all U.S. law firms.
What if I submit data and don’t make the Listing?
Names of firms that do not meet or exceed the established threshold of diversity, equity, and inclusion specified by the Framework will not be disclosed. Scoring breakdowns and a summary report will be available to all firms who submit their data.
What is the timeframe for data submission?
Bloomberg Law’s DEI Framework will be accepting data February 20 – May 5, 2023.
What time period should the data submitted reflect?
Data collected should reflect FY22. The full Listing will be available Q3 2023.
Our Commitment
As part of the Bloomberg organization, we believe that by bringing together professionals from all walks of life, we ensure that unique, diverse perspectives inform our work and enable us to provide unique, diverse solutions to our customers.
Being a neutral third party that provides essential legal intelligence to both in-house counsel and law firms, we have the understanding necessary to know what works best for all legal professionals.
Our history as a trusted source for the news and analysis untangling complex and opaque issues impacting our customers means that we’re well suited to compile, analyze, and distribute DEI data and expertise.
Right from the headlines.
Each day, another corporation, business or organization mandates diversity, equity, and inclusive policies both within and without. If you want the major clients, you need major DEI.
Have more questions?
Email us and we’ll give you all the answers you need.