The pandemic prompted a workplace shakeup, shining a spotlight on employee wellness
Amy Blankson offers tools that can boost happiness as we enter a new world of work
In 2022 uncertainty took hold as inflation, volatile markets and a geopolitical conflict added to the challenges set in motion by the COVID-19 pandemic. In a world of shifting expectations and norms, we focused on creating a distinctive experience for our clients, consistent with the five-year strategy we launched in 2020. This North Star guided our global teams as they developed and executed innovative solutions on high-stakes deals, disputes and pro bono matters.
Our client work placed us at the center of global trends related to energy transition, environmental, social and governance (ESG) issues, finance and globalization. We contributed to the dialogue on these issues with published insights including “Scaling up the energy transition,” a report based on a survey that explores how capital providers and companies are setting priorities, staying competitive and managing risk. Through our COP27 video series, we explored themes raised during the annual climate conference and their potential impact on business and industry.
In regions around the world, we increased our capacity to serve clients, promoting 59 new partners and welcoming 39 lateral partners. We developed new ways of working with clients, increasing efficiencies and ensuring consistency. These initiatives included our Debt Finance Solutions Team, which leverages legal technology and other resources to handle certain types of routine work, and our Client Experience Blueprints, a series of tools that codify our global best practices for working with clients before, during and after a matter.
We continued to focus on building a more diverse and inclusive workplace, significantly expanding our diversity data collection efforts so we can quantify our progress. Our people benefited from new and expanded coaching programs, and we took concrete steps to empower our associates, focusing on work allocation, skills development and leadership opportunities.
This review discusses these and other accomplishments and initiatives that made a difference to our people and our clients in 2022. Together we face the future positioned for success.
Guest speakers at Firm events share views on timely topics
Amy Blankson offers tools that can boost happiness as we enter a new world of work
Kenneth Cukier talks about the process that can lead to breakthroughs and help us tackle novel challenges
Antonio Zappulla talks about how TrustLaw tackles some of the world’s biggest challenges
Developments that reshaped the world
The focus on achieving net-zero emissions by 2050 remained a priority for governments, investors and energy companies
Addressing ESG factors became “the new normal” for investors and businesses
Activity across debt and M&A markets slowed as rising interest rates and high inflation saw investors, borrowers and lenders recalibrate risk appetite
Around the world, legal and regulatory developments continued to reshape global interconnectedness
Highlights of our work in 2022
Our achievements position us for success
US$2.83 billion in revenue
2,616 total lawyers
Meet the outstanding generation of talented lawyers who strengthened our Firm in 2022
In markets around the world, White & Case earned many of the legal industry’s top accolades
White & Case is committed to fair and ethical operations that respect human rights and recognize the importance of our natural environment.
As a signatory to the UN Global Compact, we affirm our commitment to doing business responsibly by supporting the Compact’s ten principles on human rights, labor, the environment and anti-corruption. The steps we are taking to continue to embed these principles into our Firm are outlined in our most recent Communication on Progress.
Our latest Environmental Sustainability Report includes information on our environmental policies, footprint, key actions and goals.
Committed to advancing diversity and inclusion across the Firm
11 global affinity networks
Our 11 affinity networks foster a sense of community among the Firm’s Black, Asian, Latinx/Hispanic, Middle Eastern, minority ethnic and LGBTQ+ lawyers, business services professionals and their allies. Each network sets its own agenda, initiatives and goals, which are specific to the issues it considers most important. Affinity networks create and enhance awareness of these groups within the Firm and its larger culture, drive community and connection across our global offices, and support their members with career and professional development opportunities.
25 local women’s networks
Our 25 local women’s networks are active in 40 offices across the Americas, EMEA and Asia-Pacific. These networks foster professional development and mentoring activities. They also provide a forum for our lawyers and business services professionals to share perspectives and create programs to support and retain our women while fostering and promoting gender equity.
49%of our lawyers self-identify as of color
28%of our partners self-identify as of color
43%of our lawyers self-identify as of color
27%of our partners self-identify as of color
Leading publications and alliance organizations continue to recognize our commitment to diversity and inclusion
Number 1 Most Diverse Law Firm among top 10 US firms by revenue
The American Lawyer Diversity Scorecard 2022 (Number 2 among all firms scored)
100% rating on commitment to lesbian, gay, bisexual and transgender workplace equality (14th consecutive year)
Identifying the Firm as one of the best places to work for LGBT+ individuals
Human Rights Campaign’s Corporate Equality Index
International Firm of the Year for Career Development, Diverse Women Lawyers, Work-Life Balance
Euromoney Legal Media Group Women in Business Awards 2022 EMEA
2022 Mansfield Certification Plus (fourth consecutive year)
Top 75 employer in the UK
Social Mobility Foundation Employer Index 2022
Using data to create change
Helping our colleagues to reach new heights
Committing to growth opportunities for colleagues in wide-ranging roles
Recognizing the value of our lawyers as they start their careers
Focusing on consistent application of best practices
Leveraging technology to streamline routine work and enhance client service
Collaborating to effect change and build strong connections
As our US Debt Finance practice continued to grow, partners identified a risk of bottlenecks due to the team’s increased workload. Determined to leverage the Firm's considerable investment in legal technology solutions, the Debt Finance practice concluded that certain types of routine work would be more efficiently done by a dedicated team of lawyers and business services professionals focused on using that technology and other expertise to change the way the group delivers for its clients. The goal was to provide better, more comprehensive and more effective client service while also ensuring high-performing associates focused on the highest priority, market-leading work.
In less than a year, the partners built a ten-person cross-disciplinary Debt Finance Solutions Team (DFST) embedded within the practice and including partners, associates and business services professionals. The DFST acts as an innovation "sandbox" for the Debt Finance practice to try new processes and technologies rapidly and sits at the nexus of cutting-edge legal technology, alternative resourcing and client-focused solutions. In one four-week period in 2022, for example, four DFST project team members reviewed 100 credit agreements in four weeks using Luminance, an artificial intelligence due diligence tool. We delivered a thorough product to the client an estimated two-thirds as quickly as we would have through conventional staffing.
Looking beyond the traditional law firm business model, the DFST has piloted new client experience models and streamlined the way the group delivers its best-in-class service. It has become an effective internal partner for the Firm’s Innovation Committee and other practices. The ability to interact directly with a dedicated team embedded within the Debt Finance practice has enabled the rapid workshopping and implementation of solutions with the potential to make critical differences to our clients.
Members of the Debt Finance Solutions Team discuss how their practice group is streamlining processes to provide more efficient client service.
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