FYI:
It’s Scorecard Season
April
is the month when two of ALM Media’s
magazines publish Scorecards. Minority
Law Journal’s Diversity
Scorecard rankings of NLJ
250 and Am
Law 200 firms are based on their percentage of minority
lawyers. The American
Lawyer’s Corporate
Scorecard is a compendium of rankings focused on corporate
finance practices. More on both of these lists below, and
related products available from ALM
Research Online.
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Why Diversity Has Become So Important:
“The
nation’s largest law firms, long dominated by white
men, have struggled to attract, keep and promote minority
and women lawyers. Now these firms have a powerful incentive
to do better: Some of their biggest corporate clients are
demanding that they increase the number of minority and women
associates and partners.”
More
2007
Diversity Scorecard:
Little wonder, given the push from clients
in the last few years for their outside counsel to be more
diverse, that the Minority
Law Journal’s annual Diversity
Scorecard garners a lot of attention in the law firm community.
The Scorecard is a ranking of firms, based on the percentage
of minority lawyers among their U.S. lawyers. This year’s
Diversity
Scorecard is now available in searchable spreadsheet format
through ALM
Research Online.
More
Diversity Scorecard through the Years: The Strange
Case of Steel Hector and Squire Sanders
This
year, the overall average percentage of minority attorneys
at reporting firms for the
Diversity Scorecard was 11.5%; in 2004 it was 9.2%. This
year, the most diverse firm was Paul,
Weiss; 25.3% of its U.S. attorneys are minorities. A very
close second was Wilson
Sonsini, with 25.2% minority attorneys. At the top nine
firms, in fact, 20% or more of their attorneys are minorities.
More
2007 Corporate Scorecard: Firms with the Top Corporate
Practices
You
could say The American
Lawyer’s annual Corporate
Scorecard rankings, published in the April issue, are
somewhat anticlimactic in that they are based on deals transacted
the previous year. And, because the data for the rankings
comes from outside data suppliers (Thomson Financial, Mergermarket,
Dealogic, and BankruptcyData.com), those suppliers have already
publicized much of the information earlier in the year, and
indeed most have published law firm rankings.
More
ALM Research Database Demonstrations
If
you’re one of those people (like me) who acclimates
best to new technologies with hands-on demonstrations, consider
stopping by ALM Media’s
booth at one of the many industry conferences. A representative
of ALM Research will be there, offering free demonstrations
on how to use the database for your research, as well as answering
questions about subscriptions and products.
More
Inside Info: Seth Ludman of ALM Research
Seth
Ludman has been an account executive with ALM
Research for two years
now, specializing in selling subscription accounts. One of
the things he loves about his job, he says, is the product
and service is so clear-cut that, once he shows it to the
“right person,” they can see the value of it easily.
In addition, he says, “It’s priced reasonably,
and there’s really no comparable product because the
data and information is proprietary.” In other words,
it practically sells itself.
More
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