WOMEN LEGAL 2019Illustrating the business imperative for the advancement, retention and succession of female leadership in the legal profession - while identifying opportunities to open up business dialogues and make useful connections
The business case for diversity and inclusion has been made...
In countless studies, greater diversity and an inclusive environment enhances team performance, attracts superior talent, better reflects the customer base, increases productivity by fostering an environment accepting of broad ideas, creates better strategies and solutions, and ultimately improves the bottom line. And these are only some of the reasons “why” we should seek diversity and inclusion in the legal profession.
So why haven’t we found it?
Women lawyers are entering the profession at near 50% of law graduates, but they constitute less than 30% of chief legal officers and less than 20% of equity partners in firms, while facing gender gaps from compensation to leadership positions. Despite the obvious reasons why the legal profession should push for greater gender parity at all levels, progress has been glacial.
To compound the issue, research reveals that the most experienced women in the profession are also leaving in their 40s and 50s—as these women ought to be reaching the highest levels of leadership within their organizations. The higher up the chain you look within the nation’s largest firms, the fewer women you’ll find.
Clearly, we need to better understand the career dynamics of women lawyers, as this incredible loss of talent and expertise is something that the legal profession (and our justice system) simply cannot afford!
Ark Group’s 12th annual WOMEN LEGAL conference will once again examine actions that have had a direct impact on the advancement or preservation of organizations committed to diversity and inclusion—shedding light on what some firms are doing to address stagnation around gender parity and advance retention efforts of women in law.
We hope you’ll join us this February in San Francisco as we collectively explore how the profession can start “moving from why—to how.” It’s time for greater innovation and experimentation as we aim to inspire future generations of women lawyers!