Original Sin: How Origination Credit Is a Barrier to Achieving Diversity Goals
Thursday, March 12, 2020 | 6:00 p.m. - 8:00 p.m.
Free for Members and Nonmembers.
Origination credit sharing is one of the most difficult things to talk about for anyone, in particular for women and diverse partners, who tend to be more junior and inexperienced in asking for what they deserve. Law firm culture heavily weighs origination credits (billing attorney credits) when making compensation decisions, rewarding those partners who are able to succeed at client generation and client retention. This system encourages hoarding of these credits and disproportionately impacts the diverse population at firms. We will discuss the complications with the current system, and explore how firms are moving forward with a fairer system that rewards collaboration, client assignments or does away with credits all together. We will also hear from the client side of the Bar, as the panel will include a Diversity and Inclusion professional and a General Counsel, who will discuss what they are doing to help firms improve. Please join us for this discussion and great panel of thought leaders on this topic.
Scott Peeler, Partner, Arent Fox LLP
Rebecca Bernhard, Partner, Dorsey & Whitney LLP
Randall Tucker, Chief Inclusion Officer, MasterCard, Inc.
Tracey Salmon-Smith, Partner, Drinker Biddle & Reath, LLP
Office for Diversity & Inclusion, Deborah Martin Owens, Executive Director