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TheCorporateCounsel

TheCorporateCounsel.net

A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.

DealLawyers

DealLawyers.com

An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.

CompensationStandards

CompensationStandards.com

The “one stop” resource for information about responsible executive compensation practices & disclosure.

Section16.net

Section16.net

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.

PracticalESG

PracticalESG.com

Keeping you in-the-know on environmental, social and governance developments

As one agency abandons its investigation into law firm DEI programs, another picks up the baton. In an unprecedented move, the Federal Trade Commission (FTC) sent letters to multiple law firms warning that DEI initiatives could violate federal antitrust law. A recent Wiley memo discusses the content of the letters:

“Federal Trade Commission (FTC) Chairman Andrew N. Ferguson issued warning letters to 42 U.S. law firms on January 30, 2026, regarding potentially unfair and anticompetitive employment practices tied to diversity, equity, and inclusion (DEI) hiring initiatives. According to the FTC’s press release, the agency is concerned that coordinated use of DEI ‘metrics,’ candidate pools, or promotion criteria may distort competition in labor markets – particularly when employers make collective decisions affecting hiring, compensation, or advancement.”

The FTC’s arguments against DEI largely mirror those we’ve seen out of the Texas Attorney General when attacking ESG. DEI litigation has been seeing a lot of developments lately, and some of our readers may be left confused. Is anti-DEI winning or losing? Nearly every day, there’s news about a court decision or a new investigation. It can be hard to keep score. The big picture is that anti-DEI has not won yet. However, that has not deterred them from bringing new investigations and new cases. This is because they are testing multiple legal vectors, looking for one that yields results. Essentially, they are throwing legal spaghetti at the wall and seeing what sticks. So far, nothing has stuck, but there’s always more spaghetti to throw.

Our members can learn more about ESG litigation here.

If you’re not already a member, sign up now and take advantage of our no-risk “100-Day Promise” – during the first 100 days as an activated member, you may cancel for any reason and receive a full refund. But it will probably pay for itself before then. Members also save hours of research and reading time each week by using our filtered and curated library of ESG/sustainability resources covering over 100 sustainability subject areas – updated daily with practical and credible information compiled without the use of AI.

Practical Guidance for Companies, Curated for Clarity.

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The Editor

Zachary Barlow is a licensed attorney. He earned his JD from the University of Mississippi and has a bachelor’s in Public Policy Leadership. He practiced law at a mid-size firm and handled a wide variety of cases. During this time he assisted in overseeing compliance of a public entity and litigated contract disputes, gaining experience both in and outside of the courtroom. Zachary currently assists the PracticalESG.com editorial team by providing research and creating content on a spectrum of ESG… View Profile