Inclusion Initiative Partners Make Commitment to Spend More Than $139 Million on MWBE Law Firms in 2012
Members of the Inclusion Initiative – comprised of the law departments at 25 large corporations across the country – today announced a new goal of spending more than $139 million this year on legal services provided by outside law firms owned by minorities and women (MWBE).
The Inclusion Initiative was launched in 2010 in response to a study commissioned by DuPont that found a significant decrease since the late 1980s in the number of successful minority owned law firms serving corporate America. In its initial year, it set a goal of spending at least $30 million with MWBE law firms, a goal that was exceeded by more than $10 million. Since then, the membership in the Initiative has grown to 25 corporations and resulted in a total spend of more than $140 million with MWBE law firms.
The newest members of the Inclusion Initiative are AT&T, Coca Cola, and Pacific Gas & Electric, who join Accenture, Aetna, Allstate, American Airlines, Bank of America, Comcast, DuPont, Exelon, General Mills, GlaxoSmithKline, Google, JPMorgan Chase, Macy’s, McDonald’s, Microsoft, Prudential, Sempra Energy, Shell Oil Company, UPS, Verizon, Wal-Mart, and Xerox.
Click here to download the Inclusion Initiative fact sheet.