Going Public: Diversity Disclosures by Large UK Law Firms

24 Pages Posted: 3 Apr 2015

See all articles by Steven Vaughan

Steven Vaughan

Faculty of Laws, University College London

Date Written: April 1, 2015

Abstract

This paper explores a rule introduced by the parent regulator of legal services in England & Wales, the Legal Services Board, which requires the publication of diversity data from its daughter regulators and their respective regulated communities. This paper comments on the introduction of the rule, explores which law firms were already publishing diversity data prior to the introduction of the rule (via data gathered in 2010) and reviews some of the academic work on CSR disclosures, transparency and accountability. Finally, the paper looks on data gathered in 2014 to assess the effectiveness of the early years since the rule's adoption, and offers up a series of suggestions for reform to the rule.

Keywords: diversity, law firm, big law, regulation, disclosure, CSR

JEL Classification: K00, K4

Suggested Citation

Vaughan, Steven, Going Public: Diversity Disclosures by Large UK Law Firms (April 1, 2015). Fordham Law Review, Vol. 83, No. 5, 2015, Available at SSRN: https://ssrn.com/abstract=2588721

Steven Vaughan (Contact Author)

Faculty of Laws, University College London ( email )

Gower St
London WC1E OEG, WC1E 6BT
United Kingdom

HOME PAGE: http://https://www.laws.ucl.ac.uk/people/steven-vaughan/

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