Novartis Demands Outside Counsel Make Tough Diversity Guarantees

Bloomberg Law | February 13, 2020

Novartis AG is demanding that its 22 “preferred” Big Law firms make specific diverse staffing commitments for each engagement with the pharma giant or face punishment in the form of reduced payments. Through the new program announced on Wednesday, Novartis is also requiring its outside counsel to commit that at least 30% of billable associate time and 20% of partner time will be provided by women, racially or ethnically diverse professionals, or members of the LGBT community. If firms don’t meet their agreed-upon staffing commitments on particular matters, the Basel, Switzerland-based company will withhold 15% of the total amount billed over the life of that matter, it said in a statement.

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This site is intended only for residents of the United States and its territories. Merck is known as MSD outside the United States and Canada. Today's Merck is a global healthcare leader working to help the world be well.

Spotlight

This site is intended only for residents of the United States and its territories. Merck is known as MSD outside the United States and Canada. Today's Merck is a global healthcare leader working to help the world be well.

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Aizon | February 02, 2021

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Major pharma companies including Novartis and Merck build federated learning platform for drug discovery

Venturebeat | September 17, 2020

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VIEWS AND ANALYSIS

CMIC and Lokavant Collaborate to Deploy Machine Learning-Powered Clinical Trial Intelligence Platform

CMIC | June 25, 2021

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