Page 4 - Transformation Report.indd
P. 4

1. INTRODUCTION






                                             The Phatshoane Henney Group, South Africa’s largest association of
                                             independent law firms, this year celebrates the ten year anniversary of
                                             the first member firm joining the association in 2006. It is therefore most
                                             propitious that this first Group Transformation Report is released a decade
                                             later to benchmark the impact of the Group on transformation in the legal
                                             sector. Over the years many things have changed and many developments
                                             have taken place within the Group, but one constant has been the core
                                             commitment to empowering member firms to lead the way for the legal
                                             fraternity in respect of transformation.
                   Member firms              By setting clear standards for membership and handpicking firms, Phatshoane

                                             Henney members are recognised throughout South Africa as premier firms in
                  are positioned             their regions. Members are positioned as a new breed of law firm in the South
                                             African legal environment and subscribe to a set of core values which forms
               as a new breed                the DNA of each member firm. Diversity is central to these core values and
                                             is a vital aspect to member firms being perceived as new breed firms. This
              of law firm in the             value also underpins firm recruitment strategies, staff development initiatives,

                                             socio-economic and community investments and the development of a
           South African legal               culture of diversity at firms.

                     environment             The past decade has seen many Group initiatives undertaken in respect
                                             of transformation and black economic empowerment. However, none
                                             attest stronger to the Group’s commitment than the Group BEE Standards
                                             unanimously adopted by all members at the end of 2014. These standards
                                             pave the way for continuing transformation initiatives and best practices across
                                             the Group, supporting firms to achieve their transformation objectives. 2015
                                             has been the first year of the application of these standards and appropriately
                                             I herein provide vital feedback on the progress of firms towards meeting these
                                             standards.

                                             The commitment to diversity and transformation has seen Group firms spend
                                             in aggregate of over R50 million this past year on BEE and BEE compliance,
                                             transformation, black procurement and community initiatives - reflecting the
                                             earnestness of our commitment. The introduction of the Group BEE standards
                                             combined with our graduate recruitment initiatives and Group candidate
                                             attorney bursary programme has also seen the percentage of black and
                                             female candidate attorneys being appointed at Group firms escalate to
                                             50% of all candidate attorney appointments in 2015, a percentage we hope
                                             to continue despite economic challenges which law firms face today and
                                             which affect appointment numbers. With time, the growing pool of black and
                                             female candidates will contribute to growth in black and female professionals
                                             in the Group.
                                             Another positive reinforcement of each firm’s BEE commitment is the continuing
                                             exemplary results that member firms achieve through formal BEE verification.



            2     setting the standard
   1   2   3   4   5   6   7   8   9