Coca-Cola: Company Will Only Hire Law Firms That Meet at Least 30% Diversity Quotas
14 Mar 2021
Coca-Cola’s legal department penned a letter to its U.S. outside counsel on January 28 stating law firms that want to work with Coca-Cola must “commit that at least 30 percent of each of billed associate and partner time will be from diverse attorneys, and of such amounts at least half will be from black attorneys.”
But the “ultimate aspiration” will be at least 50 percent, with at least half that amount from black attorneys.
For new matters, a law firm’s failure to comply with these diversity guidelines after two quarterly reviews will result in a non-refundable 30 percent reduction in fees payable going forward. Continued failure to adhere to the requirements could lead to a termination of the relationship between the firms and the soda company.
obviously. you have no choice. they now are talking about impeachment out loud. this deplorable, disspeckable human being should not be there. they say, maxine, please don t say impeachment anymore. when they say that, i say impeachment, impeachment, impeachment. when someone asks, what about is this? if you are able to impeach, pence will be worse? one at a time. we ll be ready for pence. we ll get him too. keep in mind that maxine waters is suddenly more than a very popular msnbc guest, as of today, she is chairing the house financial service committee. she has real power and plans to push what she is calling diversity quotas on the private sector. hire the people democratic members of congress want you to hire or else. that s a large part of the agenda. should americans be excited for
you have no choice. they now are talking about impeachment out loud. this deplorable, despicable human being should not be there. they say, maxine, please don t say impeachment anymore. when they say that, i say impeachment, impeachment, impeachment. when someone asks, what about is this? if you are able to impeach, pence will be worse? look, one at a time. we ll be ready for pence. we ll get him too. [applause] tucker: keep in mind that tucker: keep in mind thates maxine waters is suddenly more tucker: keep in mind that today, she is chairing the house financial service committee. she has real power and plans to push what she is calling diversity quotas on the private sector. hire the people democratic members of congress want you to hire or else. cve that s a large part of the agenda. should americans be excited for that? richard goodstein is a lawyer
we all know that. let me ask you about the future. we are now hearing from the new chairman of the financial services committee, maxine waters of l.a., that diversity quotas are coming to the private sector. from a democrat, now countries are focused on identifying top african-american talent with congressional black caucus relationships to help them mitigate the striking lack of diversity within the corporation. democrats are saying, you need to hire our friends or else we are going to punish you. why is that not corruption? in the same way that when republicans came in remember, there was the case street project? tucker: i hated it. that s exactly what happened. you hire our friends, our former staffers, k-streeters, big corporations and trade associations who know us.as tucker: i don t think theke republicans pretended it was racial justice when they did that. did they?
it works. we all know that. let me ask you about the future. we are now hearing from the new chairman of the financial services committee, maxine waters of l.a., that diversity quotas are coming to the private sector. from a democrat, now countries are focused on identifying top african-american talent with congressional black caucus relationships to help them mitigate the striking lack of viv versety within the corporation. democrats are saying, you need to hire our friends or else we are going to punish you. why is that not corruption? in the same way when republicans came in remember, there was the case street project. tucker: i hated it. that s exactly what happened. you hire our friends, our former staffers, k-streeters, big corporations and trade associations that know us. tucker: i don t think the republicans pretended it was racial justice when they did that. are you okay with congress