In April, Sheppard, Mullin, Richter & Hampton hosted the 7th Annual Women Lawyers Group (WLG) Panel and Cocktail Reception at the New York Yacht Club. This year, the topic was “Titans of Industry on their Plans to Achieve Gender Parity.”
Gender parity is elusive in many industries, and the legal industry is no exception. As highlighted in the recently published April 2019 report by the American Bar Association Commission on Women in the Profession, we have not made much progress, notwithstanding the fact that women have been graduating law school in equal numbers as men for the last two decades. In private practice today, women make up only 22.7% of law firm partners, only 19% of equity partners, and only 22% of senior management. The statistics are not much better for in-house counsel, where women account for only 30% of the general counsels for Fortune 500 companies, and only 23.8% of the general counsels for Fortune 501-1000 companies.
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