Is the business case for diversity mere “wishful thinking”? A report issued earlier this year by the Institute for Inclusion in the Legal Profession — titled “The Business Case for Diversity: Reality or Wishful Thinking,” certainly suggests this might be the case.

Even as the corporate community has stepped up efforts to promote diversity among its outside counsel, the IILP report cites pervasive disappointment among law firms and diverse partners over the lack of measureable increases in business resulting from diversity programs.

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