American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
For black lawyers, the country's top law firms are lonely places, according to a newly released tally.
Black lawyers accounted for 3 percent of lawyers at big firms last year, a percentage that has declined in each of the last five years. And the proportion of black partners at such law firms remained stagnant at 1.9 percent during the same period, according to the 2013 diversity scorecard published in the June issue of The American Lawyer.
Even as other professions and even other parts of the legal profession, including corporate counsel jobs, have opened up to more minorities, the presence of black lawyers and black partners at the elite firms fell. Their representation in the most lucrative tiers of the law world remains the same as in 2000.
More from The New York Times:
Pressure Builds to Oust Veterans Affairs Chief and Make Changes
With New Slant on Subway Elevators, Expect Delays
Four Insurers Accused of Discriminating Against People With H.I.V.
In contrast, other minorities are claiming a larger presence in the big legal firms, with Asian-Americans taking the biggest share of positions and Hispanics the next largest share, surpassing blacks for the first time. The findings were based on figures provided by 223 large law firms.
According to those firms, which were either among the nation's top 200 firms for gross revenue or among the largest 250 firms by number of employees, there were 2,943 black lawyers out of a total of 98,504 employed full time or the equivalent.
Asian-American lawyers reached 6.3 percent of the big firm lawyers but represented only 2.7 percent of those at the top-earning level of partner. Hispanic lawyers accounted for 3.2 percent of lawyers and 2.3 percent of partners at these firms.
Minority lawyers, generally, were set back in the 2008 recession, when the number of such lawyers at top firms — mostly associates who are entry or midlevel — dropped by 9 percent. The percentage of black partners, whose ranks doubled from 1995 to 2008, fell to 1.9 percent in 2009 and has remained there.
Black associates are scarce except for high-ranking students from first- or second-tier law schools — reflecting the downturn in hiring at big law firms in general. But a 2011 study of a group of law firms that failed in the economic downturn found that black lawyers laid off during that period appeared to have the lowest rates of re-employment at law firms, compared with other groups, during the following nine-month period.
Blacks lag behind in the top tiers of the law, according to the American Lawyer, because unconscious racial bias can influence the types of assignments and the relationships between and among employees. That can hinder black lawyers from advancing to the highest slots, it said.
Some top law firms defend their records by saying that they aggressively recruit top black law school graduates but that they leave after a few years for positions in government or in corporations.
The firm that reported the highest diversity in its ranks was White & Case in New York, with a total of 626 lawyers in the United States. Minorities made up 27.5 percent of its lawyers and 21.8 percent of its partners. It was followed by two other large firms, Wilson Sonsini Goodrich & Rosati, a firm with roots in Silicon Valley, and Lewis Brisbois Bisgaard & Smith, a firm that began in Los Angeles.
— By Katie Thomas, The New York Times