Number of female equity partners continues to be low

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First Impressions First Impressionswww.theindianalawyer.com

The greatest percentage of women occupy the lowest positions in law firms, and the highest positions in firms are occupied by the lowest percentage of women, according to data released by the National Association of Women Lawyers after surveying the top 200 largest law firms in the U.S.

Respondents to the eighth annual NAWL Survey on Retention and Promotion of Women in Law Firms reported that women make up 64 percent of staff attorneys at the firms; 17 percent of equity partners are women. These numbers aren’t far off last year’s results or from the results of the 2006 survey – the first year the survey was completed.

NAWL began the survey as one of several initiatives of the 2015 NAWL Challenge, issued in July 2006, which calls for large firms to double the number of female equity partners and for corporations to double the number of female chief legal officers by 2015. It doesn’t look like that’s going to happen unless law firms make some drastic moves this year.

NAWL sent out the survey last year to the 200 largest firms as reported by The American Lawyer, with 92 firms responding. Fifty of those are in the AmLaw100 and 42 are in the second hundred. The survey focuses on the largest law firms because it is an easily defined sample.

Here are some highlights from the 2013 survey:

•    Lateral hiring at the level of equity partner favors men: about 50 percent of new female equity partners are recruited laterally as compared to nearly 66 percent of all new male partners.

•    Lack of business development was identified by firms (44 percent) as the greatest obstacle to why the number of female equity partners is not increasing; attrition was identified by 31 percent of firms.

•    Firms that have two or more women on the law firm governing and compensation committees have a smaller pay disparity among male and female equity partners. Female equity partners at these firms earn 95 percent of what their male counterparts earn; at the firms that don’t have this female representation on these committees, women equity partners earn 85 percent of what male counterparts earn.

•    Thirty-three firms declined to participate in the 2013 survey even though they previously participated. NAWL posits this could be because firms are more leanly staffed with each passing year and don’t have the time to participate in studies about law firm performance. The organization also says that those firms that declined to participate in the 2013 survey are generally less interested in the subject of advancing women lawyers or are hesitant to share statistics that show that their female attorneys lag behind their male counterparts.

The 2013 survey and previous surveys are available on NAWL’s website.