Bloomberg Law
Aug. 8, 2018, 10:56 AM UTC

Wake Up Call: Big Banks Want Their Law Firms to Increase Diversity of Counsel

• Big Law law firms including Sullivan & Cromwell, McGuire Woods, and Hogan Lovells are hearing from bank clients like JPMorgan Chase, SunTrust, and PNC that they want their outside law firms to get more women and minority lawyers to represent them in their cases. ( American Banker )

• After Tesla CEO Elon Musk tweeted yesterday that he might take the electric car company private, securities lawyers said that if the tweet turns out to be false, Musk and the company could face a regulatory and legal backlash. ( Bloomberg ) ( CNBC )

• American billionaire and L.A. Rams owner Stan ...

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