In 1999, Charles Morgan, then executive vice president and general counsel of BellSouth Corporation, crafted and published a document commonly known as the Statement of Principle.
The New Business Case For Diversity
As a signatory to the Statement of Principal, Wal-Mart actively promotes diversity within its approximately 500 law firms. Following the Statement's approach, we have informed our law firms of the importance of diversity to our business and our desire that the attorneys representing the Company more closely reflect the customers and communities we serve. We have communicated to our firms that we expect them to promote a diverse workplace and have encouraged them to staff our files with more women and minority attorneys. Finally, we have told our firms that we would give significant consideration to a firm's demonstrated diversity commitment when selecting new counsel. <br/>Unfortunately, a review of the diversity statistics of our law firms produced disappointing results.
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