Increased Focus on Recruiting, Training,
Supporting and Advancing Women Is Critical
Washington, DC – November 9, 2017 — The Diversity & Flexibility Alliance announced today that the percentage of women promoted to partnership in 2017 in the U.S. Offices of many of the nation’s largest and top-grossing law firms has reached a six-year high of 38.1 percent. The Alliance’s sixth-annual New Partner Report reveals that this year there was an increase of five percentage points since 2012 and one percentage point since 2016. This year also marks the largest share of firms (32.3%) with new partner classes consisting of at least 50 percent women.
The report emphasizes, however, that this increase is minor and law firms must take steps now to develop more young women attorneys and monitor the pipeline to make sure that women have access to the same training and opportunities to advance their careers as men.
“While we are optimistic that these results show that the industry is moving in the right direction when it comes to gender parity, the increase is too slow and firms must prepare for the future now if they want to remain competitive,” said Manar Morales, President and CEO of the Diversity & Flexibility Alliance. “It’s time that firms evolve with the times, understand the advantages of gender parity at the partner level, and take the steps necessary to retain and promote top female talent,” she added.
The Alliance recommends that law firms focus on: