Wake Up Call: HP to Dock Fees on Firms Lagging on Diversity

• HP Inc.'s chief legal officer and general counsel, Kim Rivera, warned law firm partners in a recent letter that U.S. firms could see 10 percent of their fees withheld if they fall short of the company’s diversity requirements. In an interview, Rivera said law firms have “embraced” the policy. ( Corporate Counsel )

• The recently reported layoffs at K&L Gates totaled nearly 200 staff across the firm, including director levels in Human Resources and Marketing, sources said.( Above The Law )

• The University of Michigan plans to invest $50 million with a fund co-founded by Boaz Weinstein and Lee Drucker ...