Some of the nation’s largest corporations are pledging $30 million to hire women- and minority-owned law firms as outside counsel, the National Law Journal reports.
The initiative was part of the National Association of Minority and Women Owned Law Firms’ semiannual business meeting. Experts at the meeting say that because those types of law firms tend to be smaller than their larger Big Law competitors, making the move a way to cut costs.
The list includes: Prudential Financial Inc., DuPont, Accenture, American Airlines Inc., Comcast Corp., Exelon Corp., General Mills Inc., GlaxoSmithKline PLC., Microsoft Corp. and Prudential Financial Inc.

Stay ahead by signing up for Law Week E-News! >