News
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Why women law firm partners still earn less than men
A survey by recruiting firm Major, Lindsey & Africa of partners at the 200 highest-grossing U.S. law firms found male partners earned 51% more on average than female partners, $1.68 million versus $1.11 million.
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What happened
A survey by recruiting firm Major, Lindsey & Africa of partners at the 200 highest-grossing U.S. law firms found male partners earned 51% more on average than female partners, $1.68 million versus $1.11 million.
Confirmed
Global impact / market context
At partnership level, pay depends on business generation and billable hours, so unequal access to client work and opportunities can widen the earnings gap even without deliberate discrimination. This affects how law firms recruit, retain and promote talent.
Analyst inference
Professional services firms compete for legal talent, and persistent pay gaps can raise reputational and retention risks. Clients and regulators increasingly scrutinize compensation fairness, which may push firms to change how they assign credit for client relationships and hours.
Analyst inference
What to watch
- Male partners earned a median of $900,000 compared with $675,000 for women, a 33% gap, according to the survey. Confirmed
- Law firms could review how partner pay is set, checking whether business generation credit and billable hour measures disadvantage women. Proposed
- Watch whether firms disclose more pay data or adjust promotion and client assignment practices, which would affect recruitment costs and retention of senior lawyers. Analyst inference
Evidence
- Original source link unavailable