Group Aims To Increase Women, Minority Law Firms’ Work in Insurance

Recognizing that women and minority-law firms are underrepresented in the insurance industry, the National Association of Minority and Women Owned Law Firms announced it has launched a new initiative designed to enhance opportunities for minority and women-owned law firms to compete for legal work from insurance companies throughout the United States.

“The anecdotal evidence we have amassed to date strongly suggests that women and minority-owned law firms are underrepresented on many insurance companies’ panel counsel lists,” said Yolanda Coly,
NAMWOLF’s Associate Director. “The insurance industry spends billions of dollars on outside counsel services each year. NAMWOLF is spearheading an initiative to assist minority and women-owned law
firms in obtaining a full and fair opportunity to compete for assignments from America’s insurance companies. We are confident that once women and minority-owned law firms have access to these
assignments, the amount of legal work awarded to those firms will increase appreciably.”

For more information, visit www.namwolf.org. The NAMWOLF was founded in July 2001 with the aim of increasing diversity within the legal profession by advocating for the retention of minority and women owned law firms by businesses and entities through a national network of preeminent firms.

Source: NAMWOLF