"If Big Law firms aren't taking the time and effort to analyze gender diversity in their industry and their firms, they will remain behind the curve..."
Women account for slightly more than 30 percent of the lawyers at firms in the Am Law 200, a figure which hasn't changed over the past five years despite the widespread implementation of diversity programs across the profession.
Details behind the gender diversity flatline, along with other findings about gender diversity in the largest law firms, are presented in a new ALM Legal Intelligence study, "Where Do We Go From Here? Big Law's Struggle with Recruiting and Retaining Female Talent." The complete report is available at: http://at.law.com/DRX359
"Lawyers are at the forefront of the push for non-discrimination and equal opportunity under the law, but ironically, the legal profession is consistently ranked as one of the worst industries when it comes to hiring and retaining a diverse workforce. Despite efforts to change, Big Law still has a long way to go to achieve gender parity," said Daniella Isaacson, Senior Analyst at ALM Legal Intelligence and author of the report.
"If Big Law firms aren't taking the time and effort to analyze gender diversity in their industry and their firms, they will remain behind the curve. The comprehensive data we have compiled can serve as a tool to help them understand the problem and develop solutions to create gender parity in their own practices."
The study's additional findings include:
The study also offers a checklist of best practices for Big Law firms to hire and retain a more diverse workforce based on five categories of recommendations:
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The original rainbow flag, called the Freedom Flag, was devised by Gilbert Baker in 1978. The design has undergone several revisions since its debut with 8 colored stripes, and today the most common variant consists of 6 stripes: red, orange, yellow, green, blue, and violet.
Picture of Gilbert Baker's original Freedom Flag showing the meaning of the 8 colors.