Authored By: Candace Whitman
There are many reasons why a business should value diversity. In his article for Law Practice Today, Edward T. Kang shares several ways that diversity benefits law firms.
One of the reasons your firm should value diversity is because doing so will broaden your reach in regards to clients. According to Kang, “If a law firm is demographically representative of the general population, more people will feel comfortable with that firm, and the firm will attract a wider range of clientele.” By hiring attorneys from different backgrounds, you may be able to reach different networking circles or open your services to clients who speak different languages.
Another reason diversity is valuable to any firm’s growth is because diversity encourages new ideas and innovation. When everyone in the firm comes from the same background then they are all likely to have similar ideas. A lack of fresh ideas can lead to a stagnant firm that does not grow. Focusing on having a diverse team can be a great way to gain new insights that will help your firm grow and grow.
To read the full article, click here. To read another Advocate Capital, Inc. blog about actions you can take to improve the diversity of your business, click here.
Photo Credit: Hongqi Zhang