When one thinks of the legal industry, diversity isn’t a word that usually comes to mind. And perhaps rightfully so, as the legal profession is one of the few remaining industries to yet undergo a diversity revolution. According to the National Association of Women Lawyers annual survey, women make up about 18% of equity partners, an increase of 2% since 2006. Not great news for female lawyers who can expect to achieve gender parity by the year 2176 at the current rate of progress.
One might attribute this slow uptick due to a pipeline issue, which in fact might be a contributing factor, as only 37% of graduating lawyers were women in 2004, compared to 62% of men. And even if a woman does become an equity partner, she is still only going to make 80% of what a male lawyer makes, a figure that has decreased from 84% a decade ago. Lawyers of color make only 8% of partners and the LGBT community is represented at only 2%. Needless to say, there is a diversity crisis in the legal profession, but luckily one that is not going unnoticed by forward-thinking firms.
Read the rest of the article on Huffington Post.