FTSE100 set to demand diversity stats for panels

The Law Society will launch a diversity charter in October that will make FTSE100 companies force law firms to provide diversity data before being appointed to panels.

The society held two meetings on 10 and 31 July with representatives from Baker & McKenzie, Clifford Chance, Eversheds, Slaughter and May, British Airways, National Grid and Royal & SunAlliance, among other FTSE100 companies and law firms.

“The aim of the charter is to promote and encourage diversity when purchasing legal services,” said Hock Lim, the administrator of the Law Society’s career development and diversity department.

Another meeting is scheduled for September ahead of the planned October launch. The UK’s top 100 law firms, together with FTSE100 companies, will provide diversity data if they sign up to the charter.

National Grid general counsel Helen Mahy said: “We just need to make sure that it doesn’t conflict with what companies are doing. But as long as they’re doing something, that’s a good thing.”