2023 New Partner Report Shows 3.5% Increase in Women New Partners
Washington, DC (November 3, 2023) – Today, the Diversity & Flexibility Alliance released the results of its 2023 New Partner Report, a compilation of public data related to the gender breakdown of attorneys promoted to partner in US and global law firms. Yesterday, the seventy-eight law firms that had 50% or more women in their 2023 new partner class, globally and/or US-based, were recognized as “Tipping the Scales” and honored at the Alliance’s annual conference.
The Report revealed that 43.7 percent of new partners from 196 major US law firms in 2023 were women, representing a substantial increase of 3.5% from last year’s 40.2%. Accounting for increased globalization of the legal industry, this year’s report also includes global new partner promotion data for the first time. Globally, women accounted for 43.3% of new partners.
Other highlights include:
Since 2012, when the Alliance began compiling this data, the share of women new partners has increased 10.5 percentage points (from 33% in 2012 to 43.7% in 2023).
The share of firms with 50% or more women in their new partner class increased from 27.6% last year to 38.3% this year.
The gap in the share of new women partners compared to the share of women associates decreased from a gap of 8.1% in 2022 down to 5.7% this year.
Alliance member firms achieved a 2.6% higher share of women new partners than the overall US-based percentages (46.3% vs 43.7%).
“I’m optimistic about the overall upward momentum of the percentage of women in new partner classes in the US and globally,” said Manar Morales, President & CEO of the Diversity &
https://dfalliance.com/wp-content/uploads/2023/11/2023-New-Partner-Report-Cover.png500425dfalliancehttps://dfalliance.com/wp-content/uploads/2019/03/Diversity-and-Flexibility-Alliance-Logo-260.pngdfalliance2023-11-03 08:54:152024-01-19 15:24:1978 Law Firms Recognized For “Tipping the Scales” Towards Gender Parity In Their 2023 New Partner Classes
Inaugural Awards to be Presented at Alliance Conference on November 2
Washington, DC (October 6, 2023) – The Diversity & Flexibility Alliance has announced that Maja D. Hazell, Managing Director of D. E. Shaw & Co., L.P. and Head of Diversity, Equity, and Inclusion for the D. E. Shaw group, and Yusuf Z. Zakir, Chief Diversity, Equity, and Inclusion Officer at Davis Wright Tremaine LLP, will receive their inaugural 2023 Culture Catalyst Awards.
Created this year, the Culture Catalyst Awards are presented to Talent, Diversity, or Human Resources professionals who have led significant efforts to transform their organizational culture and embrace innovation, inclusion, and/or flexibility. The Awards will be presented on Thursday, November 2 during the Alliance’s annual conference in Washington, DC, Humanizing the Workplace: Thriving Beyond the Global Reset. Registration is open to non-members and is available here.
“Unsung heroes are often at the heart of cultural change in organizations,” said Manar Morales, President & CEO of the Diversity & Flexibility Alliance. “We created this award to honor the exceptional professionals who are tackling the tough topics, building consensus, and transforming organizational cultures behind the scenes,” said Manar Morales, President & CEO of the Diversity & Flexibility Alliance. “Maja Hazell and Yusuf Zakir are extraordinary leaders who have shown the skills, resilience, and passion necessary to successfully drive cultural change in their organizations.”
Maja Hazell
Since 2021, Maja Hazell has served as Managing Director and Head of Diversity, Equity, and Inclusion for the D. E. Shaw group, a global investment and technology development firm. Previously she was global head of diversity and inclusion at White & Case LLP,
https://dfalliance.com/wp-content/uploads/2023/10/Linked-in-2023-Award-Honorees-posts-3.png12001200dfalliancehttps://dfalliance.com/wp-content/uploads/2019/03/Diversity-and-Flexibility-Alliance-Logo-260.pngdfalliance2023-10-06 08:47:302024-01-19 15:26:41DEI LEADERS TO BE HONORED AS CULTURE CATALYSTS
Awards will be presented during the Annual Conference on Nov. 2 in DC
Washington, DC (October 5, 2023) — The Diversity & Flexibility Alliance announced today that it will present its 2023 Flex Impact Award to Capital One Small Business Bank and law firm, Chapman and Cutler LLP. The Flex Impact Award, which recognizes initiatives that demonstrate a significant impact on the culture of workplace flexibility, will be presented during the Alliance’s annual conference on Thursday, November 2. Registration information is available here.
“We selected Capital One Small Business Bank and Chapman and Cutler as our 2023 Flex Impact honorees because both organizations have intentionally created extremely effective new systems that support a thriving workplace and embrace flexibility,” said Manar Morales, President & CEO of the Diversity & Flexibility Alliance. “These unique initiatives have provided employees with autonomy, inclusivity and flexibility, while fostering increased engagement and productivity,” she added.
Capital One Small Business Bank
Capital One Small Business Bank is being recognized for its highly effective hybrid working initiative that has successfully incorporated the changing needs of its team and optimized new technology to create a “best of both worlds” system. Their hybrid model smoothly blends both time in their corporate offices for face-to-face collaboration and innovation, along with time for connecting with colleagues and working virtually, while consistently preserving their corporate culture.
Recognizing the powerful new opportunities available for leveraging connections with associates around the country, the team conducted surveys and focus groups to gain employee feedback, created hybrid guidelines and team norms, and implemented new virtual connection tools. By using simple technology to designate their work location, for example, employees at Capital One Small Business Bank are now able to see who will be attending a meeting virtually and in-person,
https://dfalliance.com/wp-content/uploads/2023/10/2023-Flex-Impact-Award-Honorees.png6301200dfalliancehttps://dfalliance.com/wp-content/uploads/2019/03/Diversity-and-Flexibility-Alliance-Logo-260.pngdfalliance2023-10-05 08:51:372024-01-19 15:27:01DIVERSITY & FLEXIBILITY ALLIANCE TO HONOR CAPITAL ONE SMALL BUSINESS BANK & CHAPMAN AND CUTLER FOR THEIR IMPACTFUL WORKPLACE INITIATIVES
78 Law Firms Recognized For “Tipping the Scales” Towards Gender Parity In Their 2023 New Partner Classes
2023 New Partner Report Shows 3.5% Increase in Women New Partners
Washington, DC (November 3, 2023) – Today, the Diversity & Flexibility Alliance released the results of its 2023 New Partner Report, a compilation of public data related to the gender breakdown of attorneys promoted to partner in US and global law firms. Yesterday, the seventy-eight law firms that had 50% or more women in their 2023 new partner class, globally and/or US-based, were recognized as “Tipping the Scales” and honored at the Alliance’s annual conference.
The Report revealed that 43.7 percent of new partners from 196 major US law firms in 2023 were women, representing a substantial increase of 3.5% from last year’s 40.2%. Accounting for increased globalization of the legal industry, this year’s report also includes global new partner promotion data for the first time. Globally, women accounted for 43.3% of new partners.
Other highlights include:
“I’m optimistic about the overall upward momentum of the percentage of women in new partner classes in the US and globally,” said Manar Morales, President & CEO of the Diversity &
DEI LEADERS TO BE HONORED AS CULTURE CATALYSTS
Inaugural Awards to be Presented at Alliance Conference on November 2
Washington, DC (October 6, 2023) – The Diversity & Flexibility Alliance has announced that Maja D. Hazell, Managing Director of D. E. Shaw & Co., L.P. and Head of Diversity, Equity, and Inclusion for the D. E. Shaw group, and Yusuf Z. Zakir, Chief Diversity, Equity, and Inclusion Officer at Davis Wright Tremaine LLP, will receive their inaugural 2023 Culture Catalyst Awards.
Created this year, the Culture Catalyst Awards are presented to Talent, Diversity, or Human Resources professionals who have led significant efforts to transform their organizational culture and embrace innovation, inclusion, and/or flexibility. The Awards will be presented on Thursday, November 2 during the Alliance’s annual conference in Washington, DC, Humanizing the Workplace: Thriving Beyond the Global Reset. Registration is open to non-members and is available here.
“Unsung heroes are often at the heart of cultural change in organizations,” said Manar Morales, President & CEO of the Diversity & Flexibility Alliance. “We created this award to honor the exceptional professionals who are tackling the tough topics, building consensus, and transforming organizational cultures behind the scenes,” said Manar Morales, President & CEO of the Diversity & Flexibility Alliance. “Maja Hazell and Yusuf Zakir are extraordinary leaders who have shown the skills, resilience, and passion necessary to successfully drive cultural change in their organizations.”
Maja Hazell
Since 2021, Maja Hazell has served as Managing Director and Head of Diversity, Equity, and Inclusion for the D. E. Shaw group, a global investment and technology development firm. Previously she was global head of diversity and inclusion at White & Case LLP,
DIVERSITY & FLEXIBILITY ALLIANCE TO HONOR CAPITAL ONE SMALL BUSINESS BANK & CHAPMAN AND CUTLER FOR THEIR IMPACTFUL WORKPLACE INITIATIVES
Awards will be presented during the Annual Conference on Nov. 2 in DC
Washington, DC (October 5, 2023) — The Diversity & Flexibility Alliance announced today that it will present its 2023 Flex Impact Award to Capital One Small Business Bank and law firm, Chapman and Cutler LLP. The Flex Impact Award, which recognizes initiatives that demonstrate a significant impact on the culture of workplace flexibility, will be presented during the Alliance’s annual conference on Thursday, November 2. Registration information is available here.
“We selected Capital One Small Business Bank and Chapman and Cutler as our 2023 Flex Impact honorees because both organizations have intentionally created extremely effective new systems that support a thriving workplace and embrace flexibility,” said Manar Morales, President & CEO of the Diversity & Flexibility Alliance. “These unique initiatives have provided employees with autonomy, inclusivity and flexibility, while fostering increased engagement and productivity,” she added.
Capital One Small Business Bank
Capital One Small Business Bank is being recognized for its highly effective hybrid working initiative that has successfully incorporated the changing needs of its team and optimized new technology to create a “best of both worlds” system. Their hybrid model smoothly blends both time in their corporate offices for face-to-face collaboration and innovation, along with time for connecting with colleagues and working virtually, while consistently preserving their corporate culture.
Recognizing the powerful new opportunities available for leveraging connections with associates around the country, the team conducted surveys and focus groups to gain employee feedback, created hybrid guidelines and team norms, and implemented new virtual connection tools. By using simple technology to designate their work location, for example, employees at Capital One Small Business Bank are now able to see who will be attending a meeting virtually and in-person,