Dykema Named to Bloomberg Law’s Third Annual Diversity, Equity, and Inclusion Framework

Dykema, a leading national law firm, today announced that it has been named to Bloomberg Law’s third annual Diversity, Equity, and Inclusion (DEI) Framework. Dykema is one of only 55 U.S.-based law firms that was recognized for its level of disclosure of diversity-related metrics and distinguished performance against six core pillars: demographics, leadership and talent pipeline, recruitment and retention, business innovation and strategy, marketing, and diversity & inclusion in the community.

The DEI Framework report is available for complimentary download at http://blawgo.com/UXoPcVq.

“DEI remains a critical factor for general counsel seeking to engage law firms that reflect their values, and we’ve brought our industry expertise and strength in data analytics to bear in assessing how law firms are performing in this critical arena,” said Joe Breda, president, Bloomberg Law. 

“Through a demonstrated commitment to DEI, Dykema is helping to move the legal industry forward and we’re pleased to recognize their performance.”

Firm performance was assessed across more than 85 metrics, each associated with one of the framework’s six core pillars: demographics, leadership and talent pipeline, recruitment and retention, business innovation and strategy, marketing, and diversity and inclusion in the community.

Among the findings of the 2023 report:

• Nearly all firms (97%) reported having a public statement regarding their commitment to diversity and inclusion, up from 91% last year.
• Eight out of 10 firms that submitted data this year require diversity within a pool of candidates for management and leadership positions, however, only a third have a specific, time-bound action plan to increase representation of diverse groups in those leadership positions
• 72% of firms mandate and monitor that minority and women attorneys have equal access to clients, quality work assignments, committee appointments, marketing efforts, and firm events, up slightly from 66% last year.
• A little more than half of firms recognized as members of the DEI Framework say that practice group leaders have diversity and inclusion goals as part of their annual performance reviews, but only 14% of firms that were not recognized have this requirement of their practice group leaders.

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