Clifford Chance to nurture female partners' management potential
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Clifford Chance is working on a strategy to encourage more females to take management roles at the firm after putting the issue top of the agenda at its annual partnership retreat.
The conference, which took place in London over the weekend, kicked off with a session aimed at encouraging more women to become partners and at getting an increased number to move into management roles.
Last year, managing partner David Childs (pictured) pledged to increase the level of female partners to 30 per cent (28 September 2009). At the time the figure stood at around 15 per cent.
Details of how the magic circle firm plans to increase female partnership levels have never been revealed, but last weekend’s meeting has been seen as a step in the right direction.
One female partner said: “It always has an effect when people start taking views from the partnership itself. It’s something people have been talking about.
“There’ve been other meetings about this before and I think we’re seeing an improvement.”
Another partner at the firm commented: “There seems to be a real push to encourage a change in the landscape.”
Other issues that were high on the agenda at the weekend were increasing the capability of the firm’s Indian knowledge centre and the rise in alternative fee arrangements.
Readers' comments (5)
Anonymous | 4-Mar-2010 12:16 pm
Yes they make up partners but ignore lower staff who for second year get no payrise or bonus
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Woe is me... | 4-Mar-2010 1:43 pm
Re Anon @ 12:16pm
This isn’t the banking sector where bonuses are distributed ad finitum despite tumbling profits (or glaring losses in most banks’ case). I’m sure you can survive on your £80k a year! Your bonus/pay rise will return when the economy is buoyant again.
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Anonymous | 4-Mar-2010 8:35 pm
It is higly unlikely that you will get a bonus next year as the partners at CC will want to recoup any money they have lost over the last two years. Therefore, instead of moaning, take responsibility and go somewhere where you will be rewarded. It's only when you leave Clifford Chance and work elsewhere that you realise you can earn more, work less hours and work with colleagues who are happy! Simple! Good luck.
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Clifford Chance spokesperson | 5-Mar-2010 12:57 pm
Actually, can I correct this? No decision has yet been made about salaries and bonuses at Clifford Chance. They'll be considered in the next few months in line with our normal timeline.
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Anonymous | 9-Mar-2010 2:29 am
Isn't this article about women in law rather than bonuses?
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