UBS demands diversity as clincher for panel places

Begum, Husnara
March 2005
Lawyer;3/14/2005, Vol. 19 Issue 10, p3
Trade Publication
This article reports that UBS Investment Bank has asked firms that are seeking a place on its coveted legal panel to disclose statistics relating to diversity. Firms participating in the Swiss investment bank's tender exercise were asked to provide details of their diversity policies, along with relevant statistics, in their written submissions. It is understood that this is the first time UBS has sought such information from its external lawyers. Workplace diversity is a priority for UBS and a well-grounded indicator of the breadth and scope of the kind of judgment that can be brought to bear on the global legal issues by both inhouse and outside counsel.


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