The Alliance’s Action Steps are designed to assist organizations with implementing practical strategies and policies related to diversity and flexibility. Members can access full versions of all of the Alliance’s Action Steps in the Member Resource Center. 

Our 2024 New Partner Report demonstrates concerning results.  The 41.6% share of women in the 2024 new partner class represents a nearly 2% decline from last year’s figure of 43.3%.  Further, we saw declines across AmLaw 50, 100, and 200 firms, a nearly 3% increase in the gap in the share of new women partners compared to the share of women associates, and a reduction in the new partner class size by an average of 1.3 partners.  These data points demonstrate consistency in the reduced share of women in new partner classes across firm sizes, a pipeline challenge at the top, the shrinking of the overall pool of advancement opportunities, and a boomerang effect over the years pointing to the volatility of women promotions.

On a more positive note, we did see certain bright spots.  Notably, member firms had an average of 1.6% higher share of women partners in their U.S. new partner classes over the last five years.  In addition, a nearly 13% increase existed in the share of firms reporting a 50/50 split or greater in favor of women in U.S. new partner classes over the last two years.  We also saw a 2% decrease in the share of firms with no women partners from last year.  These bright spots suggest that a number of law firms are making concerted, intentional efforts to address gender imbalances during the partnership promotion process.

Firms need to adopt an intentional, structured and data-driven approach to make consistent progress with gender parity at the top.  The Alliance encourages organizations to leverage the data and recommendations from our 2024 New Partner Report along with specific practices discussed with top Talent & DEI leaders from firms with consistent progress regarding gender parity at our 2024 New Partner Summit.

Members: Continue reading this Action Step in the Member Resource Center

To read this entire Action Step become a member of the Diversity & Flexibility Alliance. To learn more contact Manar Morales.