In brief
A scheme which encourages FTSE 100 firms to monitor the ethnic composition of law firms tendering for contracts is being sponsored by the Law Society. The project, initiated by the Society of Asian Lawyers, will focus on best practice in procurement policy for the purchase of legal services with the aim of achieving greater fairness and diversity within large City firms. Under the proposed scheme—the Diversity Charter—FTSE 100 companies will request diversity information from law firms during the tendering process. Firms will be required to demonstrate their commitment to diversity by providing relevant policies and statistical information.
