Verizon is committed to fostering a culture of inclusion, collaboration, and diversity within the company and among its customers, suppliers, and business and community partners. The company has seen the powerful results of leaders and colleagues having courageous conversations and creating an inclusive environment. This approach aligns with Verizon's values and benefits the business.
To further promote inclusion, diversity, and equity, Verizon has launched the IDEAward, an annual recognition program for its law firm partners. The award highlights law firms that demonstrate excellence in promoting diversity, equity, inclusion, and belonging within their firms and the wider legal profession. Jackson Lewis has been recognized as the first recipient of the Verizon IDEA award, while Morgan Lewis, McDermott Will & Emery, and Reed Smith have been identified as Diversity Champions.
Verizon evaluates law firms based on various criteria, including diverse staffing on Verizon matters, innovative origination credit/fee allocation systems or programs, creating an inclusive environment that allows for firm-wide ownership and participation in diversity and inclusion goals, engagement of diverse third-party firms, and vendors, and overall attorney demographics at the firm, including representation of various attorneys in leadership positions.
Verizon is committed to continuing its partnerships with firms that demonstrate their commitment to equity, diversity, and inclusion. Together, they aim to make the legal profession reflect the communities they serve. This commitment is not just the right thing to do but also suitable for business. By embracing diversity and inclusion, Verizon can drive innovation, foster creativity, and better serve its customers.
