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Female partners in law firms

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Retaining women in law firms

I was a first-year associate at an established Philadelphia law firm, and he was a male client in a senior position at a large New York investment bank.

His question ignored my professional status and that of my secretary. In contrast to my early days in practice, the workplace dynamics of women, men, and minorities are now studied, measured, and questioned. Here is a case in point.

Last year, I conducted a survey for the Philadelphia Bar Association. I am resigned to the realities of an archaic and inefficient business model. If so, it may not be a surprise that—like the investment banker I met years ago—men remain perplexed about the experience of women in the workplace.

In many respects, the professional experiences of women and men are similar. The difference is this: Women are more likely than men to take jobs in government, public interest, and other professions that serve the public. In short, a female attorney will leave her workplace—even one in which she thrives financially and professionally—if she cannot align her practice with her values and aspirations. These career decisions, and others, are reflected in attrition statistics.

For instance, women law students now outnumber men two to one. What will happen to those women once they leave law school and enter the profession? Both women and minorities will quit at disproportionately higher rates than white men. Moreover, many associates who quit are top attorneys—the very lawyers the firm wants to keep on its partnership track. To retain these valued associates, employers often address concerns such as salary, training, technology, diversity, and work-life balance.

No doubt these specific efforts are valuable to individual attorneys and their firms. But, as proven by the data, these efforts are not enough to retain attorneys. Consequently, law firms suffer a drain in talent as well as treasure.

The impact of associate departures is multi-dimensional. Inclusion efforts fail; diversity ratings drop; existing clients exit; potential client bases shrink. In addition, associate morale, productivity, and loyalty suffer. In response, costs to replace employees rise. And what happens to the investment that the firm made in each associate one-on-one training, continuing education, executive coaches, dues and memberships, and more?

All of that walks out of the firm and moves, with the associate, to a new employer. Most striking, however, is the devastating impact of attrition on the bottom line. These calculations include conservative hourly rates for New York City associates, minus all employer costs and taking into account realization rates.

The good news is this: Firms can retain revenues, talented associates, and a diverse workplace without changing their core business model. The trick is to move beyond the retention measures mentioned above and shift your focus to the big picture.

My survey offers a new way to think about how we practice law; a way that brings the employer and its attorneys closer to realizing shared business, professional, and social goals. It asks the questions no one else is asking—questions that stem from current and longitudinal research on career satisfaction, workplace contribution, and community connection. Law firms have many ways to provide unique, meaningful opportunities to women and minorities, including through pro bono service.

My survey tests whether existing pro bono programs provide the socially responsible connection that lawyers seek. The answer? Somewhat yes, somewhat no. These results align with, and underscore, the current and longitudinal data—which begs the question: Why not update traditional strategies using a new, more expansive view of pro bono?

It also suggests that, despite the robust pro bono agendas of many firms, actions that benefit society encompass more than just free legal services. Notwithstanding the significance of law firm pro bono work, social responsibility is the mantra of non-lawyers as well. Many industries take it to heart, and individual companies have made corporate social responsibility integral to their operations. Law firms would be wise to do the same. Women, minorities, millennials, and others want to engage with leadership to help solve local and global challenges.

Innovative programs will help law firms expand ongoing pro bono programs by aligning their values with socially responsible actions. Because commitment to the local community is key for law firms and their attorneys, my survey teases apart this critical relationship. Likewise, industry research shows that female lawyers care more deeply than men about the social impact of their work.

One way to retain top legal talent is to incorporate fresh, strategic programs that engage law firms, lawyers, and the community. My survey results underscore this approach, revealing that women associates and partners are, overwhelmingly, of the same mind and heart. This response is hard to ignore, and why would you?

These are just a few highlights that suggest there is a road to curbing attrition that is as yet untraveled. It is time for law firms to move out of the office, beyond traditional pro bono activities, and into the broader community with an updated, purposeful agenda.

Strategic leadership and innovative, bespoke opportunities can take you there. With a better understanding of talented female, minority, and millennial attorneys and their objectives, every law firm can update its culture to align past practices with future growth plans. Why act like the investment banker—perplexed by the experience of women lawyers in the workplace?

Instead, look through the eyes of your valued associates. If you invest in what your attorneys care about, you will finally understand the experience of women and minorities in the workplace—and profit from it. Francesca Rothseid is the principal of Francesca Rothseid Consulting and is a senior legal and nonprofit professional with more than 20 years of experience in healthcare, pharmaceuticals, general business, and nonprofit social impact organizations.

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Elite Law Firm’s All-White Partner Class Stirs Debate on Diversity

Discrepancies in pay. First up is Leigh Day , which stands head and shoulders above the rest with a female-majority partnership of We are a top employment practice, so we like our own internal employment practices to reflect what we say to the outside world: as a top human rights firm we uphold those values by being absolutely sure we don't discriminate in any way.

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Top UK law firms are short 323 female partners (and that gap mightn’t close any time soon)

This is the pattern. Then, as you go up the ranks the gap widens as female attorneys start to fall away. By the time you get to partner level, just one in five is a woman. We often hear that this will take a generation or two to change, and that the efforts made now are laying the foundation for that change. So the recruitment efforts are certainly there. But compare the current figures of female associates and female partners at Biglaw firms side by side, and the difference is clear: men are four times as likely to make partner. Executive director Linda Chanow is something of a veteran when it comes to working to advance women in the legal profession.

The Best Law Firms For Female Partners

The results point to a shortage of female partners across the industry. Subsequent studies have looked at diversity laggers. In , a report by McKinsey singled out the legal industry in particular. The legal industry gets a bad rap when it comes to diversity, but we wanted to separate fact from fiction and dive into the numbers. To start, we looked at the current split between 45, fee-earners across law firms in the UK, and found a fair split between men

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Meanwhile, the number of firms reporting no women among their top ten generators fell to 19 percent in , down from 29 percent in That makes this recent jump in female rainmakers all the more impressive. What is fueling this growth? According to our Best Law Firms, four factors seem to have the most impact:.

Women in law firms

What followed, however, was nothing to smile about. A little over a week after it was posted, the image was taken down. Paul, Weiss, with its partners and about 1, lawyers, is, in fact, more diverse at the partner level than most of its peers. Women make up 23 percent of partners at Paul, Weiss, compared with 18 percent across the top firms, according to data collected by ALM Intelligence.

SEE VIDEO BY TOPIC: Mother-at-Law: Cravath's First Woman Partner

It calls into focus the fact that white men enjoy both racial and gender privilege in the legal industry. This slows down the ability of organizations to create real change and leaves the burden on women and people of color to figure it out on their own. Law firms are overwhelming white and male despite efforts to recruit people of color from prestigious academic institutions. These candidates often go on to find their ambitions stunted by the unwelcoming landscape of corporate America. I started with a question that many underrepresented groups in the U.

Why Women and People of Color in Law Still Hear “You Don’t Look Like a Lawyer”

I was a first-year associate at an established Philadelphia law firm, and he was a male client in a senior position at a large New York investment bank. His question ignored my professional status and that of my secretary. In contrast to my early days in practice, the workplace dynamics of women, men, and minorities are now studied, measured, and questioned. Here is a case in point. Last year, I conducted a survey for the Philadelphia Bar Association.

According to a survey report compiled by Working Mother Media, these are the U.S. law firms with the highest percentage of female equity partners. Results are.

The NAWL Survey provides objective statistics regarding the position and advancement of women lawyers in law firms, and it remains the only national survey that collects this industry benchmarking data in such detail. Overall, the results suggest that firms need to be more active about disrupting subtle biases if they hope to significantly change these numbers. Women continue to be underrepresented among equity partners and firm governance in particular, and while women work as much as men, their client billings and compensation continue to lag behind that of similarly-situated men. Men and women start off relatively equal as associates, but diverge at non-equity and equity partner.

Women, Minority and LGBTQ+ Attorneys Still Struggle to Rise Within Law Firms

Law recently published its Glass Ceiling Report , and the numbers continue to reflect that law firms are slow to increase their representation of women at the partnership level. Those averages are fairly consistent across the board for firms of all different sizes. The numbers reflect a loss of approximately half of women in private practice along the path from nonpartner to partner.

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Comments: 2
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