Market Overview

Goodwin Achieves Inaugural Mansfield Certification

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Global law firm Goodwin announced today it has achieved Diversity
Lab's Mansfield Certification
after completing the inaugural
one-year Mansfield Rule pilot. The pioneering initiative aims to boost
the representation of diverse lawyers in law firm leadership by
broadening the pool of candidates considered for these opportunities.

The Mansfield Rule Certification measures whether law firms have
affirmatively considered at least 30 percent women and attorneys of
color for leadership and governance roles, equity partner promotions,
and senior lateral positions. To achieve the Mansfield Rule objectives,
participating law firms had to first establish a baseline metric by
which they could assess and analyze their talent pipelines. To that end,
as part of the Mansfield Rule Certification process, the firms were
expected to create and adopt documentation and tracking norms to measure
their progress and identify areas for improvement.

"Achieving Mansfield Certification highlights Goodwin's commitment to
promoting a diverse and inclusive workplace," said David
Hashmall
, Chairman of Goodwin and head of the firm's Inclusion
Advisory Committee
. "Focusing on our pipeline of talent, we have
implemented initiatives to address diversity-related gaps in our
leadership while continuing to cultivate an environment where people of
all backgrounds can excel and thrive. We look forward to continuing our
partnership with Diversity Lab to help develop Mansfield Rule 2.0."

Mansfield Rule 2.0, which will include LGBTQ+ lawyers in addition to
women and attorneys of color as part of the diverse candidate pool, is
the next round of certification through Diversity Lab. The certification
will take into account consideration for roles in client pitch meetings
and will ask the 65 participating law firms to make appointment and
election processes transparent to all lawyers in their firms.

Diversity
Lab
creates and experiments with innovative ways to close the gender
gap and boost diversity in law firms and legal departments by leveraging
data, behavioral science, and design thinking. The Lab's first pilot,
the OnRamp Fellowship, is now the largest global re-entry platform
matching experienced women returning to the workforce after a hiatus
with more than 35 law firms, legal departments, and banks for paid
Fellowships in the U.S., Australia, the UK, and Canada. Due to the
overwhelming success of Diversity Lab's 2016 Women in Law Hackathon, a
series of "Diversity in Law Hackathons" are happening in 2018 in
partnership with Bloomberg Law, Harvard Law School, Northwestern Law
School, and University of California at Hastings School of Law.

About Goodwin

At Goodwin, we use law to achieve unprecedented results for our clients.
Our 1,000 plus lawyers across the United States, Europe, and Asia excel
at complex transactions, high-stakes litigations and world-class
advisory services in the financial, private equity, real estate, and
technology industries. We partner with our clients to practice law with
integrity, ingenuity, agility and ambition. To learn more, visit us at www.goodwinlaw.com
and follow us on Twitter,
LinkedIn
and Instagram.

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