Veta T. Richardson Photo by John Abbott Photography
Our Approach in Tough Times? Adapt and Thrive.
The collapse of the U.S. economy is reverberating across all industries; its impact is felt from Wall Street to Main Street. No one is immune from its effects. Here at MCCA, we have been forced to cut programs and budgets. It isn’t easy, but we know that countless attorneys depend upon MCCA to be here as a conscience for the profession, reminding all of us that now is not the time to abandon the diversity progress that has been made over several decades of effort.
Lately, I am frequently asked whether anyone still cares about diversity, given the many challenges all of us are facing. While I cannot pretend to know what’s going on outside MCCA’s own circles, I am hearing that, although most companies and law firms may have sliced their diversity budgets, it continues to be an important priority. My impression is that most continue to see value in investing in diverse talent, because it’s an investment in the organization’s future. Although times are hard, most simply are not willing to throw in the towel and quit. Many of these organizations also recognize that one of the most important investments we can make—to mentor one another—does not require a lot of money. It requires one’s interest and time, two assets that even this economy cannot strip away.
In this issue, we take a look at the financial sector and hear how diversity programs are faring these days, and we recount what our readers have to say about how they are adapting to the economy.
Now more than ever, MCCA appreciates the continued interest and support of our advertisers, our readers, and our stakeholders. It means a lot to hear that the work we do is still appreciated and valued, and we look forward to doing our very best to continue to serve you. DB
Veta T. Richardson
From the March/April 2009 issue of Diversity & The Bar®