The report of the fifth annual National Survey on Retention and Promotion of Women in Law Firms was recently released by the National Association of Women Lawyers. This survey covering the nation’s 200 largest law firms found that women are significantly underrepresented in the ranks of law firm leadership.
The findings include the following:
very few firms place women in the role of overall managing partner
women account for only 15% of equity partners, the most prestigious, powerful, and best-paid positions, and women equity partners earn about 85% of what their male colleagues make
few women are major rainmakers, with almost half the firms surveyed reporting no women among their top 10 rainmakers
women comprise 60% of staff attorneys, who firms are increasingly using for low-level or repetitive legal work and who have little possibility of advancement
For more details, go to the full report.