Inclusion Initiative released a report on its spend with diverse suppliers revealing that the group of 33 members spend over $200 million with minority and women owned law firms in 2017. Take a look at the Press Release below for more information.
CHICAGO–(BUSINESS WIRE)–The Inclusion Initiative, a collaborative program among law departments at major corporations across the country, announced today that member companies spent over $240 million in 2017 with minority and women owned (MWBE) law firms.
In 2010, the initial year of the Inclusion Initiative, its members collectively spent $42 million with MWBE law firms. Since then, the program has grown significantly. Participating companies have spent more than $1.4 billion with MWBE law firms since the inception of the program. In addition, in every year since 2012, participating law departments have spent over $200 million with MWBE law firms each year.
Since its founding, participation in the Inclusion Initiative has nearly tripled to 33 members. The current roster of participating companies includes: 3M, Accenture, Allstate, American Airlines, AT&T, Bank of America, CenterPoint Energy, The Coca-Cola Company, Comcast, Exelon, Federal Deposit Insurance Corporation, General Mills, GlaxoSmithKline, Google, JPMorgan Chase, McDonald’s Corporation, Macy’s, Merck, Microsoft, Morgan Stanley, Nationwide, NBCUniversal, Prudential Financial, Sempra Energy, Shell Oil Company, State Farm, Target, Toyota Financial Services, UPS, Verizon, Walmart, Wells Fargo, and Xerox.
Companies interested in joining or learning more about the Inclusion Initiative can contact Joel Stern at the number or email address provided below or visit: https://namwolf.org/in-house-counsel/inclusion-initiative.