> For white shoe law firms, I don't necessarily disagree that hiring wealthy candidates doesn't make sense to the business. If your client is some Rockefeller heir, being able to chat about squash, sailing and modern art has a value.

When the industry as a whole makes a conscious effort to be more diverse in hiring, the short term incentive to put a thumb on the scale for the preferred background gradually disappears. For example, a third of all GCs and CLOs at F500 companies are now women. It makes little sense to put a thumb on the scale for men in that environment.

"I don't think that's a bad thing, but it's definitely a disincentive for people to move up. Modern workplaces have unnatural expectations for employee availability."

Is it a cause or is it an effect?

"I think that's a good thing"

"I might agree that hiring wealthy candidates makes sense to the business"

Just parsing out those double negatives for reference.