According to the announcement, the letter went out to 42 law firms that participated in a certification program created by Diversity Lab.
Federal Trade Commission Chairman Andrew Ferguson recently announced that he sent letters to over 40 law firms that purportedly participated in a certification program created by the Diversity Lab consultancy business. The Mansfield Certification program, according to the FTC, requires that, in order to receive certification, law firms must agree to follow Diversity Lab’s DEI-based employment standards.
According to the FTC Chairman, the law firms that participate must agree to follow certain standards and requirements, including the use of talent pools for promotions and leadership opportunities that are made up of at least 30 percent of members of underrepresented racial and other groups. Achieving certification includes participating in “[m]onthly knowledge-sharing calls with other Mansfield participants,” which the FTC Chairman characterizes as knowledge-sharing “with their competitors in the market to hire and promote legal talent.” The letter adds that, as a result of these “competitor meetings,” the law firms report that they are able to apply the 30 percent benchmark “across their pipelines for external hiring and internal promotion, even though “[w]e are all competing for a shrinking talent pool.””
“Collusion.” Antitrust laws protect American citizens from “anticompetitive employer agreements in labor markets just as much as...
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