Profitable LARPing?

Bradley Gayton was hired by Coca-Cola as General Counsel, their top in-house lawyer. He was let go this week after about four months on the job. In late January, Coke sent a letter to all of the outside lawyers doing work for the corporation demanding that they engage in illegal racial discrimination in assigning lawyers to work for Coke.

Outside counsel commit to providing KO [Coca-Cola’s stock ticker symbol] with self-identified diversity data (including American Indian or Alaska Native, Asian, Black, Women, Hispanic/Latinx, LGBTQ+, Native Hawaiian or Other Pacific Islander and Persons with Disabilities) for KO’s quarterly analysis of the diversity of teams working on KO matters

. . .

For each new KO matter following the revision to the guidelines (“New Matters”), you commit that at least 30% of each of billed associate and partner time will be from diverse attorneys, and of such amounts at least half will be from Black attorneys. Work performed by diverse attorneys is expected to be accretive to their development and advancement at the firm.

Of course, these demands are blatantly illegal.

Gayton is no longer General Counsel at Coke, and will spend the next year as a “Strategic Consultant” for the company. On the way out the door, he reportedly is getting a $4 million one-time bonus and $666,666 a month for a year for being a do-nothing consultant.

Nice “work” if you can get it.

On Xiden’s “Infrastructure” Program

After reviewing the basics of Joe Xiden’s “infrastructure” proposals, it seems to me that the principal deficiency relates to the management of the various schemes. Almost none of the effort is under the government department with related expertise. Clearly, any program based on organic fertilizer should be run by the Department of Agriculture.

Quote of the Day

It is not good to settle into a set of opinions. It is a mistake to put forth effort and obtain some understanding and then stop at that. At first putting forth great effort to be sure that you have grasped the basics, then practicing so that they may come to fruition is something that will never stop for your whole lifetime. Do not rely on following the degree of understanding that you have discovered, but simply think, “This is not enough.”

—Yamamoto Tsunetomo