Davina Frederick, CEO and founder of Wealthy Woman Lawyer. Courtesy photo What If We Stopped Climbing the Ladder and Started Building It?
Rather than wait for delayed parity, women must create the businesses and law firms that they wish to see. Female lawyers who aspire to greater wealth, power and impact should consider their right to demand change, as well as their authority to create for themselves the diverse, powerful, and global businesses that the market so urgently needs.
November 29, 2021 at 09:32 AM
5 minute read
Commentary
Women have made tremendous gains in the law over the last 50 years. More than half of today's U.S. law students are female, as are 47% of law firm associates, according to the American Bar Association. But the centers of power, especially in BigLaw, reveal stalled progress. Equity partners at the richest firms average more than $1 million in compensation each year, as studies like the Am Law 100 and 200 show. The ABA says that only 21% of equity partners are women, as are only 19% of managing partners.
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