2022 New Partner Report Shows Decline in Percentage of Women New Partners
Washington, DC (November 4, 2022) – Yesterday, during the Diversity and Flexibility Alliance’s Annual Conference, fifty-seven law firms were recognized for having 50% or more women in their 2022 U.S.-based new partner classes. The firms, recognized as “Tipping the Scales,” were identified through the Diversity & Flexibility Alliance’s New Partner Report, a compilation of public data released each year since 2012.
The Report revealed that 40.2 percent of new partners from 206 major U.S. law firms in 2022 were women, which represents a decrease from last year’s figure of 40.9 percent. Further, when looking at a representative sample (only AmLaw 100 & Alliance member firms), 40.3% of new partners were women in 2022, which represents a substantial drop of 2.1% from last year’s figure of 42.4%. More information on the report can be found here.
Other highlights include:
- The average new partner class increased substantially (by 2.4 attorneys), despite the decrease in the share of women.
- The nation’s top grossing firms had significant declines in the share of women in their new partner class. In fact, firms in the AmLaw 50 and AmLaw 51-100 had significant declines in the shares of women of 4.2% and 4.9%, respectively.
- The number of firms with a 50/50 split or greater of women in the new partner class decreased from 67 firms in 2021 to 57 firms in 2022.
- For Diversity & Flexibility Alliance member firms, 42.9% of attorneys promoted to partnership were women, representing a 2.7% higher share of female partners compared to the overall share of women in this year’s new partner class (40.2%).