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Revealed: females make up less than 10 per cent of top 100's equity partner ranks

The women who are EPs bring in work and contribute financially to the firm other than billing on other partner's client's files. That's why they are EPs as the firm can't afford to lose the work they bring in and so rewards them accordingly. The vast majority of female associates and FSPs I have worked with bring in very little work. They may bill well and be excellent lawyers, but that's only half the battle. Unless they put the partnership in a position where they cannot afford to lose them because of the work they bring in, they won't make EP. Firms don't just give up equity points to good fee earners as the partnership would become diluted.

25-Oct-2012

10:05 am