Annual Law Firm Diversity Assessment
Ranks Firms’ Ability to Maintain a Diverse Talent Pool
Lockheed Martin Corporation strives to do business with suppliers who share a commitment to diversity and champion their own programs to attract, develop and retain a diverse talent pool. This year the corporation assessed its top law firms and Baker Botts, LLP scored favorably against industry averages for its overall diversity, its staffing of Lockheed Martin matters, and for its percentage of female equity partners at the firm.
“Diversity and inclusion is foundational to Lockheed Martin’s culture and we foster relationships with businesses that have like-minded values in this area,” said Maryanne Lavan, Lockheed Martin Senior Vice President, General Counsel and Corporate Secretary. “D&I initiatives are vital to spurring innovation and we’re proud to congratulate Baker Botts for its efforts to drive inclusion as a business imperative.”
"Diversity and Inclusion initiatives are vital to spurring innovation and we’re proud to congratulate Baker Botts for its efforts to drive inclusion as a business imperative."Maryanne Lavan, Senior Vice President, General Counsel and Corporate Secretary
Lockheed Martin’s annual Law Firm Diversity Assessment compared diversity data provided by Baker Botts, LLP and other top law firms with industry averages and analyzed the data across the diversity dimensions of female, non-Caucasian, Lesbian, Gay, Bisexual, Transgendered (LGBTQ+) persons, individuals with disabilities, and veteran status for the total firm (US-based only), staffing of Lockheed Martin matters, and equity partnership.
Baker Botts, LLP succeeded in increasing the percentage of hours billed by females on Lockheed Martin matters and increased the percentage of hours billed by non-Caucasian and all minorities as compared to prior years. These increases contributed to Baker Botts, LLP’s outstanding performance.