Norton Rose Fulbright forms strategic alliance with Trusaic to advance global pay equity

United States Press release - Firm May 2024

Global law firm Norton Rose Fulbright has announced a strategic alliance with technology company Trusaic aimed at helping organizations around the world achieve workplace equity. Customers will benefit from the companies’ combined strengths, including Norton Rose Fulbright’s leading-edge innovation and vast global reach as well as Trusaic’s award-winning pay equity, opportunity equity and global pay data reporting technology.

In the first phase of the alliance, Norton Rose Fulbright and Trusaic will leverage their industry-leading capabilities and Trusaic’s workplace analytics platform to help clients proactively address internal pay equity with actionable strategies to meet reporting requirements, avoid potential costly litigation and make pay equity compliance simpler and more straightforward. In the future, Norton Rose Fulbright and Trusaic anticipate coming together to develop and produce new workplace equity compliance products.

BTI Consulting Group recently recognized Norton Rose Fulbright in its “Leading Edge Law Firms 2024” report as one of the top law firms helping clients implement strategic change.

Andy Cripe, an employment and labor partner in Norton Rose Fulbright’s Chicago office, said:

“Our relationship with Trusaic demonstrates the firm’s commitment to providing innovative solutions that enable our clients to achieve their legal and business objectives efficiently and effectively. This collaboration will expand our data analysis capabilities, helping us to better advise clients as they navigate pay equity and transparency requirements across the US and globally. Beyond simply reducing legal risk, effective pay equity strategies support clients’ success in increasingly competitive talent markets, ultimately adding to their bottom line.”

Trusaic’s workplace equity suite includes PayParity®, OpportunityParity™, Salary Range Finder® and Global Pay Data Reporting™. These software solutions enable organizations to eliminate pay disparities at the intersection of gender, race/ethnicity, age and disability; pinpoint and remedy equity concerns in hiring, promotion and retention; ensure equitable compensation decisions; and comply with evolving global pay equity regulations.

Robert Sheen, CEO of Trusaic, commented:

“Together, Trusaic and Norton Rose Fulbright will help organizations take a proactive, strategic approach to workplace equity and ensure that they remain compliant with complex regulations. Moreover, by working with organizations to identify and remediate the internal structures that fuel workplace inequity, we hope to make meaningful progress in increasing opportunity for all and ending the global pay gap.”

Equal pay is a growing concern globally as women worldwide earn only around 80 cents for every dollar earned by a man, according to the United Nations. Last year, the European Union approved new pay transparency directives for its member states to close the gender pay gap across the EU. Pay data reporting requirements are expanding around the world, with 54 global jurisdictions already having adopted or in the process of implementing some form of pay data reporting requirement. Consequences for noncompliance vary by location, but can include fines, reputational damage and legal action.