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Troutman Pepper and Locke Lord will become Troutman Pepper Locke on January 1, 2025.
A financial services company requested measurable DEI targets for the team staffing its matters and offered the firm a financial incentive for achieving certain DEI goals.
The relationship attorney, client experience team, and DEI director met with the client to discuss the request, and the pricing team confirmed the feasibility of the financial incentive.
The financial incentive helps the client advance its internal DEI goals and objectives, and rewards the firm for achieving established DEI targets. The firm’s performance against the DEI targets is evaluated annually.
