Hogan Lovells Johannesburg Office Recognised for Black Economic Empowerment
20 December 2013
LONDON, 20 December - Hogan Lovells' Johannesburg office has achieved a Level Two Black Economic Empowerment (BEE) accreditation – the only major South African law firm to achieve such a high rating.
BEE is a process recognised by the South African Government in the Legal Practice Bill in order to address the redistribution of existing wealth where great disparities were created through the policies of apartheid. BEE accreditation is measured from Level One to Level Eight, with Level One the highest. This year, our Johannesburg office has been awarded Level Two status.
BEE is governed by the Broad-Based Black Economic Empowerment Act 2003 (B-BBEE) and measured according to a scorecard which takes into account, among others, ownership; management control; employment equity; skills development; enterprise development; socio-economic development; and preferential procurement.
Commenting on the achievement, Lavery Modise, Chairman of Hogan Lovells South Africa, said:
“We have been working hard to improve our BEE rating and are proud of this achievement. We believe that it is essential that the legal profession in South Africa be representative of the demographic and hope to see other law firms in the country following suit.”
Hogan Lovells' Johannesburg office currently employs:
- Twelve B-BBEE partners out of a total of 39 (four male; four female)
- Eight B-BBEE out of 11 senior associates (four male; four female)
- Fifteen B-BBEE associates out of 25 (six male; nine female)
- Thirteen B-BBEE out of 27 trainees (four male; nine female)