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From the WOL Diversity, Equity and Inclusion Task Force

ImpactGC Co-Founder, Julie Ryan, Guest Authored this Post in the Women Owned Law Newsletter

Clearing the Confusion: Understanding the Purpose and Impact of DEI in the Wake of Recent Executive Action 

The recent executive order directing federal agencies to pause DEI programs and the ensuing reaction underscore the importance of a thoughtful, balanced approach to ensuring the effectiveness and sustainability of DEI initiatives in the private sector.

To navigate these challenges and ensure the continuity of DEI initiatives, it’s critical to adopt clear and strategic approaches.

First, what is DEI (and what is not)? 

Firstly, and most importantly, we need to be clear about what DEI is… and is not. DEI is not about meeting quotas or prioritizing individuals who are unqualified. Rather, it’s about recognizing and addressing systemic inequities to ensure that everyone has the chance to thrive based on their abilities and potential. DEI strengthens organizations by encouraging diverse perspectives, which drive innovation, better decision-making, and more sustainable outcomes.

What Are Some Key Strategies for Ensuring Continuity of DEI Initiatives in Law Firms?  

1. Root DEI Programs in Clear and Measurable Goals 

By linking DEI efforts to tangible outcomes—such as improved employee retention, innovation, or community engagement—law firms can demonstrate their value beyond ideological debates. Position a program as a cultural competency and leadership development initiative tied to improved team performance, and not anti-racism training. This frame can help mitigate potential pushback.

2. Embed DEI into Your Law Firm Culture 

DEI should be embedded into every facet of the law firm’s culture and operations; it is not a stand-alone initiative. From hiring practices and employee training to leadership development and supplier diversity, DEI principles should guide decision-making at all levels. This integration ensures that DEI is viewed as a core value rather than an expendable program.

3. Embrace Transparency and Communication 

Law firms should be transparent about their commitment to diversity and inclusion. This involves not only maintaining open lines of communication with stakeholders, as well as providing clear data on DEI progress and goals. Transparency builds trust and ensures that efforts are perceived as genuine rather than performative or reactionary.

4. Educate and Engage All Stakeholders 

Sustaining DEI efforts requires buy-in from all stakeholders: employees, leadership, and external partners. Education and training programs that focus on unconscious bias, cultural competence, and inclusive leadership can help build understanding and shared commitment. DEI should be a collaborative effort, not just the responsibility of a specific team or department.  

5. Understand and Navigate Coded Language 

Some organizations, wary of political or funding ramifications, have opted to use vague terms like “workplace wellness” or “cultural enrichment” to describe DEI-related activities. While such rebranding may provide temporary cover; it risks eroding the authenticity and impact of these efforts. DEI professionals must advocate for language that acknowledges systemic inequities, while aligning with organizational missions and compliance requirements.

6. Adapt and Build Coalitions 

Regularly reviewing and refining DEI strategies ensures that initiatives remain relevant and effective. Engaging in external networks, such as industry groups or professional organizations, can provide insights and best practices for navigating new developments. For example, Women Owned Law is committed to developing resources for law firms wanting to establish or maintain effective DEI initiatives. Other groups such as We the Change and L4GG also provide a range of resources and welcome participation in their advocacy efforts.

7. Avoid “Performative” DEI 

Finally, ensure your DEI efforts are authentic and not just for appearances. Genuine DEI initiatives require long-term commitment, even during times of external scrutiny or limited resources. Avoid superficial measures, such as symbolic statements or token gestures, and focus on substantive actions that reflect a true dedication to equity and inclusion.

Conclusion 

The recent executive actions have sparked important conversations about the purpose and future of DEI. By remaining focused on the principles of fairness, equity, and inclusion, law firms can continue to build environments where everyone has the opportunity to thrive. With thoughtful strategies and a commitment to authenticity, DEI can remain a powerful force for driving meaningful change and fostering stronger, more innovative workplaces

Written by WOL Member Julie Ryan.

Julie Ryan

Meet the Author

Julie brings broad expertise as a global corporate and securities lawyer with over 25 years’ legal and entrepreneurial experience, including as a law firm partner, general counsel, and founder. She is passionate about working with purpose-driven clients, believing that every business, large or small, deserves high quality, practical legal support from a lawyer who understands their business goals and concerns.

Recent Posts

Meagan Olsen

PARTNER

CONTACT

EDUCATION

J.D., Fordham University School of Law

B.S. Business Administration (Accounting and Finance), Georgetown University

PRACTICE AREAS

TBC

BAR ADMISSION

New York, California

Meagan is an accomplished lawyer with twenty years of experience, including as a partner at a top-tier global law firm, in house counsel at a Fortune 500 company and general counsel to multiple growth companies.

Leveraging her deep experience as a corporate and securities lawyer and broad experience as a general counsel, Meagan works with companies across industries and at all stages of their lifecycle, making her a versatile legal partner. She works with clients to understand their strategic goals and KPIs, identify risks and opportunities, and collaborates with them to implement legal solutions that support the business’s objectives. 

Meagan has significant experience working with boards of directors and executives on corporate governance and investor relations, and guiding companies through complex domestic and international M&A transactions, debt and equity financings (public and private), SEC reporting obligations, stock exchange compliance and commercial contracts. She also has experience advising companies on a wide array of strategic and operational matters, including international market and product expansion, marketing, sustainability programs, equity plan management, executive compensation, employment/HR matters, intellectual property matters, litigation management and compliance.   

Meagan is passionate about supporting purpose-driven organizations, a commitment that is evident in her personal consumer choices and volunteer efforts, as well as her professional pursuits. She enjoys working with organizations on implementing people- and planet-focused initiatives. She also has a demonstrated commitment to non-profit organizations, including assisting multiple non-profits with formation and tax-exempt qualification and advising AIDS Project Los Angeles and I am a voter (an organization focused on voter registration and civic engagement) on transformative corporate transactions, all on a pro bono basis. 

Meagan is based in Los Angeles. In her free time, she enjoys spending time outdoors and volunteering with her family, playing pickleball, and exploring the city’s vibrant food scene.

Key Experience: 

  • General Counsel and Corporate Secretary, Parachute Home, a premium home essentials company with a commitment to responsible materials, circularity and emissions reduction 
  • General Counsel and Chief of Staff, Byte (subsidiary of Nasdaq-listed Dentsply Sirona Inc.), a mission-driven teledentistry platform and clear aligner brand dedicated to improving access to oral health and straight smiles  
  • Partner, Paul Hastings LLP 
  • Senior Counsel, Corporate & Securities, Mattel 

Memberships/Activities:

  • Guest lecturer at UCLA School of Law and USC School of Law 
  • Member of TechGC and Women’s General Counsel Network 

Jim Black

MANAGING PARTNER

CONTACT

EDUCATION

J.D., University of Virginia School of Law

PRACTICE AREAS

TBC

BAR ADMISSION

New York, District of Columbia

Jim is a highly experienced corporate lawyer with more than two decades of legal experience, including as a partner in a leading global law firm and most recently as Chief Legal and Compliance Officer and Member of the Executive Leadership Team of a publicly traded international company.   

 

Jim’s career has shown him the importance of working with a clear focus on ethical and sustainable business practices, which led him to co-found ImpactGC to further his personal mission of helping make business a force for good.  Jim is fully committed to operating with a triple-bottom-line approach (People, Planet, Profit) and to helping mission-driven clients of all types pursue their important social, environmental and governance aims. 

Jim has extensive experience counseling founders and executive teams on corporate strategy, major transactions and other important matters, including litigation management, corporate governance and compliance. He has advised on numerous complex commercial contracts across a range of industries, as well as mergers and acquisitions and corporate finance deals. His commitment to social justice and human rights is reflected in a long track record of pro bono and other volunteer work, including advising a prominent LGBTQ civil rights organization, the Innocence Project and the American Academy in Berlin, among others.   

Jim spent well over a decade working and studying overseas, including in Germany and the Czech Republic, and he speaks fluent German.  He is a frequent author and speaker on a wide range of business law topics, including those of particular relevance to mission-driven companies. He is based in the Washington D.C. area, where he loves to spend time hiking, biking and running the trails and communing with nature in the woods of Northern Virginia.  In his personal time, he is a devoted father of two, partner and dog dad of a highly opinionated Shiba Inu.  

Key Experience: 

  • Chief Legal and Compliance Officer and Member of the Executive Leadership Team, Northern Data Group 
  • Partner, White & Case, LLP 
  • Partner, Acceleron Law Group, LLP 
  • Counsel, Morrison & Foerster LLP 
  • Counsel, Linklaters LLP 

Select Speaking Engagements and Publications: 

  • “The Benefit Corporation Movement”, presentation at ABA Business Law Section Meeting, Orlando, FL April 2024 
  • “Leading Evolving Organizations”, panel discussion on employee ownership at BLD Southeast, September 2024 
  • Various contributions to ABA M&A Committee Deal Points studies and the Annual Survey of Judicial Developments Pertaining to M&A 
  • Numerous other articles in ABA publications and the legal and financial press on various aspects of business law 

Memberships/Activities:

  • Member of Steering Committee of B Local Mid-Atlantic
  • B Academics  
  • National Center for Employee Ownership 
  • American Bar Association Business Law Section, Middle Market & Small Business Committee (MMSB) and M&A Committee 
  • Former Co-Chair of International Business Transactions Subcommittee of the ABA MMSB Committee 
  • Real Leaders  
  • Global Alliance of Impact Lawyers 
  • American Council on Germany 

Julie Ryan

MANAGING PARTNER

CONTACT

EDUCATION

J.D., cum laude, Georgetown Law

PRACTICE AREAS

Complex commercial contracts | Cross-border M&A | Venture capital | Private equity | Corporate governance | Impact investing | Employment matters | Technology start-ups | Regulatory compliance | Partnerships | Secured transactions | Data privacy | Entity formation and structuring | E-commerce | Intellectual property licensing

BAR ADMISSION

New York, District of Columbia, California

Julie is an accomplished global corporate and securities lawyer with over 25 years’ legal and entrepreneurial experience. She is recognized for her unique problem-solving, collaborative approach, and enjoys working with clients to understand their specific business concerns and creating tailored, practical legal solutions. 

Starting her career at the law firms of Clifford Chance LLP and Akin Gump LLP, Julie developed broad expertise representing major clients in a range of complex cross-border transactions.  She also has significant experience working with entrepreneurs and small- to mid-cap companies. She is the co-founder of AltaClaro, an innovative experiential online learning platform, and has represented numerous successful tech start-ups in all stages of growth.  

Most recently, Julie served in an in-house counsel role as Chief Regulatory Officer and Deputy General Counsel at Northern Data, a German public company, where she spearheaded the company’s U.S. restructuring and successfully negotiated several high-stakes commercial transactions. 

Julie is passionate about supporting women and minority-owned businesses and working with purpose-driven clients, believing that every business, large or small, deserves high quality, practical legal support from a lawyer who understands their business goals and concerns. She also enjoys being involved with the community. She currently is an adjunct professor at Georgetown Law, volunteers with several non-profit organizations and accelerators, has published a textbook as well as numerous articles, blogs, and presentations, and served on the corporations committee for the State Bar of   California for over 8 years. 

Julie spent several years working overseas, including Bogotá, Colombia, and Montreux, Switzerland, and speaks fluent French and Spanish. She is based in the Washington D.C. area where she loves to spend time with her family on the Potomac River paddling and sailing.

Key Experience: 

  • Chief Regulatory Officer and Deputy General Counsel, Northern Data AG 
  • Partner, Acceleron Law Group, LLP 
  • Partner, Russ, August & Kabat 
  • Senior Attorney, Akin Gump LLP 
  • Co-Founder and Chief Learning Officer, AltaClaro, Inc. 

Select Speaking Engagements and Publications: 

  • Collaboration with Halcyon House, an accelerator for impact-driven businesses and ChIPs, an organization that advances and connects women in technology, law, on a series of presentations on starting a business. 
  • Startup Law 101: Negotiating to “Yes,” Virtual Event hosted by ChIPs Advancing Women and sponsored by Halcyon House (panelist). 
  • “Silicon Beach Jeopardy: 6 Essential Areas for In-House Counsel to Consider When Managing Venture Capital or M&A Transactions,” CLE Presentation, Namwolf Annual Meeting, Los Angeles, CA. 
  • Transaction Lawyering: An Experiential Approach to Communication & Problem-Solving (Carolina Academic Press). 
  • “Advising the Pre-public Company,” CLE Presentation, Annual Meeting of the State Bar of California, Monterrey, CA. 

Memberships/Activities: 

  • Adjunct professor of law at Georgetown Law  
  • Real Leaders  
  • Global Alliance of Impact Lawyers 
  • Association of Corporate Counsel 
  • Women’s Bar Association of DC 
  • Women Owned Law 
  • WeTheChange 
  • Business for America 
  • Conscious Capitalism 
  • B Local Mid-Atlantic