Tuesday, December 9, 2008

Coping when jobs and budgets are slammed by the bad economy

New York Law Journal

Coping when jobs and budgets are slammed by the bad economy.
By Katherine Frink-Hamlett
December 08, 2008

Due to the ailing economy, all departmental budgets of our firm, including diversity, are required to make substantial cuts. I have played an integral role in formulating our firm's diversity activities and, as such, am deeply concerned that the reductions will severely undermine our diversity efforts. I would like to recommend to our Executive committee that our budget be left intact or that minimal cuts be made. Any suggestions?You may have an uphill battle. First, I would note that the cuts are being made on a firmwide basis so it's not as if diversity is being unfairly targeted. But also, you must remember that diversity has to be about the business, especially now, so that unless you can demonstrate that your "diversity activities" have a direct or indirect impact on the firm's bottom line, any appeal to maintain the budget is an untenable position. In order to achieve your goal and preserve your diversity efforts, you must be prepared to make a presentation that not only addresses the firm's diversity image but, as importantly, demonstrates the long-term impact on the firm's diversity numbers and bottom line. For example, if monies are being siphoned from a viable pipeline initiative, then your position is bolstered. Or, if expanded on-campus recruiting at law schools with significant numbers of students of color is being curtailed, then again, your position is completely justified. But if all that you can show is that you're seeking dollars for elaborate diversity events featuring pretty people in pretty places, with pretty smiles upon their faces, then you are on shaky ground. Sure, these functions can yield tremendous good will, but, dollar for dollar, they may not be a top priority, particularly in this tenuous economy. Remember, diversity dollars must make business cents (couldn't resist).

•Katherine Frink-Hamlett, a graduate of New York University School of Law, is president of Frink-Hamlett Legal Solutions, Inc. and can be reached at katherine@frinkhamlett.com.

http://www.law.com/jsp/nylj/PubArticleNY.jsp?id=1202426218106

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