Page 26 - Transformation Report 2023

Conclusion 24

This fifth iteration of our PH Group Transformation Report provides continuing evidence of the
commitment to the transformation of member firms and their resilience in the face of challenges
and the absence of a clear set of rules for the legal profession.

The Group Value of Diversity stimulates the establishment of practices and initiatives at
member firms as a vital part of firms positioning themselves as New Breed Law Fims™ and
assists not only with maintaining impetus but also positioning transformation as a central
prerogative of the PH Group and its members.

I view this report as confirmation of the impact of our Group BEE Standards as well as the
inherent support and belief of member firms in what the PH Group stands for with respect to
transformation and its necessity, opportunity and significance to the future of South Africa.
As a collective, we appreciate that we have not arrived and the scope and scale of our
transformation initiatives must continue upward and forward always. I look forward to providing
feedback in 2025 on our further efforts in this regard.

Transformation Expenditure

Transformation expenditure by 2022 2023 TOTAL
Group and member firms during
2022/23*

Annual Verification Cost of Firms R 620 000,00 R 700 000,00 R 1 320 000,00
Annual Verification Support provided R 790 000,00 R 850 000,00 R 1 640 000,00
to Firms
Annual Employment Equity and
Skills Development Support to Firms R 325 000,00 R 350 000,00 R 675 000,00

Group Graduate Recruitment R 180 000,00 R 210 000,00 R 390 000,00
Remuneration of Black Candidate R 7 400 000,00 R 11 000 000,00 R 18 400 000,00
Legal Practitioners
PH Foundation Bursary Programme R 100 000,00 R 280 000,00 R 380 000,00
Skills Development Expenditure R 14 500 000,00 R 15 200 000,00 R 29 700 000,00

Socio-economic Development R 2 500 000,00 R 2 100 000,00 R 4 600 000,00
Expenditure
Community Support Expenditure R 1 250 000,00 R 1 550 000,00 R 2 800 000,00
Enterprise Development Expenditure R 7 500 000,00 R 8 000 000,00 R 15 500 000,00
Pro Bono Support R 3 000 000,00 R 3 200 000,00 R 6 200 000,00
Support of Black Legal Service R 58 500 000,00 R 64 000 000,00 R 122 500 000,00
Providers
Support to Black Advocates R 9 200 000,00 R 11 300 000,00 R 20 500 000,0

BEE Procurement Expenditure R 125 000 000,00 R 130 000 000,00 R 255 000 000,00
TOTAL R 230 865 000,00 R 248 740 000,00 R 479 605 000,00

*Costs have been rounded off for ease of use. Most costs have been drawn from formal BEE verification results of firms during 2022 and 2023

GROUP