By Anna Collins, Esq. (Portland, Maine)
As if the news of recent layoffs at major firms is not enough bad news for the legal profession, there is more bad news according to a new survey from the San Francisco-based Project for Attorney Retention. The bad news is that out of 100 firms studied by the organization, only about a quarter ended up with gender-balanced partner classes. In 23 firms surveyed, women make up 40% or more of the new 2009 partner classes. Yet, such progress for less than a quarter of the firms studied is overshadowed by the majority of those surveyed, including the 14 where no women were promoted or another 12 where women make up less than 20% of new partners.
In a press release announcing the results, the Co-Chair of Project for Attorney Retention, Cynthia Calvert, recognized the progress made by many firms. “We are disheartened, though,” she continued, “by the large number of firms that did not make any women partners.”
Feeling just as disheartened, we decided to contact the firms that made it to “the worst of” list, excluding the 5 for whom this year appears to be an aberration, to ask them two questions. First, what happened at the firm? Second, what is the firm going to do about it? Surely, the survey results had those firms just as disheartened and they have a strategy for the future. We contacted Dechert, Foley Hoag, Milbank, Schulte Roth, Strook, Venable, Wachtell, White & Case, and Wilkie Farr. After leaving messages with communications/media relations representatives at several of these firms and speaking in person to several others who each indicated they needed to check if the firm had any comment in regards to the questions, we have nothing to report from the firms themselves. It is likely that some were unable to get back to us with comment before publication. Based on the tone of some and reaction of others, it was clear that some viewed the questions as somewhat atypical.
Despite a lack of response to the questions, some input was offered by those we interviewed. One representative blamed the economy. “This last year has been strange,” the person offered, “but I am not familiar with how the decisions were made.” Two others took issue with any characterization that their firms do not take the issue of women’s advancement seriously.
Speaking of firms that take women’s advancement seriously, we turned to firms that are on top of the list for advancing women to the partner classes – to determine what works in those firms. Perhaps their practices can offer insight into what needs to change at the rest.The firms on top are described by the Project for Attorney Retention as follows:The best: Cravath (67%), Dickstein Shapiro (67%), Wiley Rein (60%), Andrews Kurth (57%), Bryan Cave (56%), Arent Fox (50%), Baker & Daniels (50%), Hogan & Hartson (50%), Holland and Hart (50%), King and Spalding (50%), Luce Forward (50%), Simpson Thacher (50%), and Sullivan & Cromwell (50%). A special mention goes to Farella Braun, whose only new partner is female (100%).Honorable mentions: Dorsey & Whitney (47%), Kilpatrick Stockton (44%), Seyfarth Shaw (44%), Crowell & Moring (43%), Jackson Lewis (43%), Cooley Godward (43%), Perkins Coie (42%), Arnold & Porter (40%), and WilmerHale (40%).Notable achievement: the following firms have promoted new partner classes that were 40% or more female for the past three years: Arnold & Porter, Crowell & Moring, Perkins Coie, and Sullivan and Cromwell.
What, one wonders, separates “the best” firms from those whose survey data is disheartening? The firms included “in the best” appear to have a culture of advancing women, says Calvert. “We have not noticed that any particular practice area or region advance women better than others,” she explains, “instead, these firms have a culture of advancement rather than policies that are merely window-dressing.”Calvert also explains that firms recognized for advancement of women tend to have several characteristics. First, they tend to support flexible work programs, in a non-stigmatized way. “They understand the importance of supporting such arrangements for both men and women,” Calvert explains “and do so without the stigma we find in other firms, which do not promote women at the same rates.” At many firms, Calvert shares, working reduced hours is a “professional kiss of death, and individuals – whether women or men – who need shorter hours choose to leave rather than sabotage their careers.” The trick for successful flexible work programs, she continues, is an understanding that just offering flexible work arrangements is not enough. “The programs have to be carefully implemented,” Calvert concludes, “so the firm’s nonverbal messages do not undercut their usage.
”The progressive firms also appreciate the importance of offering women challenging and rewarding assignments. Those firms that pay attention to who handles the biggest and most important cases and make sure that women are part of the action in an equitable manner,” Calvert explains, “tend to find women advancing at higher rates.”
Finally, firms with encouraging advancement rates recognize through action — rather than mere window-dressing — that substantive and active mentorship is vital for women. “Some of the best firms have women attorneys actively mentoring women associates,” Calvert shares, “some actually have male mentors who watch their women associates advance.”The bottom line is that all firms, whether they are “the best” or “the worst,” have a chance to improve the advancement of their women associates.
In light of how profitable companies become when women are in leadership roles, it is hard to imagine that any law firm would be satisfied with anything other than gender balanced partnership classes. The good news is that such a reality is possible and “the best” can prove it.
UKRC’s Annual Conference – Tomorrow’s Women, Tomorrow’s World
NewsLooking to the future is an important exercise – more so in times of accelerated change and economic uncertainty. Join us on 12th March to explore the future role of women within science, engineering, technology and the built environment to identify and share strategies and solutions for today.Chaired by Maggie Philbin – Radio and TV Presenter
Keynote speakers include:
Delegates are invited to participate in a choice of five workshops. The workshops will look at:
1: Tomorrow’s Workforce
2: Tomorrow’s Workplace
3: Tomorrow’s Leaders
4: Visions of 2030
5: Women and Outer Space 2030
Dr Maggie Aderin MBE is also launching “She’s an Astronomer 2009”.
A useful and inspiring event for policy makers, employers, SET professionals, human resources experts, diversity managers, academics and many more.
Fees:
HOW TO BOOKEmail: info@ukrc4setwomen.org to request a booking formCall: 01274 436485 to request a booking formFor more information and to book:https://www.ukrc4setwomen.org/html/news-and-events/ukrc-conferences/2009-conferenceor download the flyer:https://www.ukrc4setwomen.org/downloads/conferences/2009/TWTW_Conference_Flyer.pdfSponsored by Shell, the RAF and NationalGrid and in partnership with International Year of Astronomy
New Survey Shows 2009 Partner Classes Stagnant for Women Lawyers
NewsAs if the news of recent layoffs at major firms is not enough bad news for the legal profession, there is more bad news according to a new survey from the San Francisco-based Project for Attorney Retention. The bad news is that out of 100 firms studied by the organization, only about a quarter ended up with gender-balanced partner classes. In 23 firms surveyed, women make up 40% or more of the new 2009 partner classes. Yet, such progress for less than a quarter of the firms studied is overshadowed by the majority of those surveyed, including the 14 where no women were promoted or another 12 where women make up less than 20% of new partners.
In a press release announcing the results, the Co-Chair of Project for Attorney Retention, Cynthia Calvert, recognized the progress made by many firms. “We are disheartened, though,” she continued, “by the large number of firms that did not make any women partners.”
Feeling just as disheartened, we decided to contact the firms that made it to “the worst of” list, excluding the 5 for whom this year appears to be an aberration, to ask them two questions. First, what happened at the firm? Second, what is the firm going to do about it? Surely, the survey results had those firms just as disheartened and they have a strategy for the future. We contacted Dechert, Foley Hoag, Milbank, Schulte Roth, Strook, Venable, Wachtell, White & Case, and Wilkie Farr. After leaving messages with communications/media relations representatives at several of these firms and speaking in person to several others who each indicated they needed to check if the firm had any comment in regards to the questions, we have nothing to report from the firms themselves. It is likely that some were unable to get back to us with comment before publication. Based on the tone of some and reaction of others, it was clear that some viewed the questions as somewhat atypical.
Despite a lack of response to the questions, some input was offered by those we interviewed. One representative blamed the economy. “This last year has been strange,” the person offered, “but I am not familiar with how the decisions were made.” Two others took issue with any characterization that their firms do not take the issue of women’s advancement seriously.
Speaking of firms that take women’s advancement seriously, we turned to firms that are on top of the list for advancing women to the partner classes – to determine what works in those firms. Perhaps their practices can offer insight into what needs to change at the rest.The firms on top are described by the Project for Attorney Retention as follows:The best: Cravath (67%), Dickstein Shapiro (67%), Wiley Rein (60%), Andrews Kurth (57%), Bryan Cave (56%), Arent Fox (50%), Baker & Daniels (50%), Hogan & Hartson (50%), Holland and Hart (50%), King and Spalding (50%), Luce Forward (50%), Simpson Thacher (50%), and Sullivan & Cromwell (50%). A special mention goes to Farella Braun, whose only new partner is female (100%).Honorable mentions: Dorsey & Whitney (47%), Kilpatrick Stockton (44%), Seyfarth Shaw (44%), Crowell & Moring (43%), Jackson Lewis (43%), Cooley Godward (43%), Perkins Coie (42%), Arnold & Porter (40%), and WilmerHale (40%).Notable achievement: the following firms have promoted new partner classes that were 40% or more female for the past three years: Arnold & Porter, Crowell & Moring, Perkins Coie, and Sullivan and Cromwell.
What, one wonders, separates “the best” firms from those whose survey data is disheartening? The firms included “in the best” appear to have a culture of advancing women, says Calvert. “We have not noticed that any particular practice area or region advance women better than others,” she explains, “instead, these firms have a culture of advancement rather than policies that are merely window-dressing.”Calvert also explains that firms recognized for advancement of women tend to have several characteristics. First, they tend to support flexible work programs, in a non-stigmatized way. “They understand the importance of supporting such arrangements for both men and women,” Calvert explains “and do so without the stigma we find in other firms, which do not promote women at the same rates.” At many firms, Calvert shares, working reduced hours is a “professional kiss of death, and individuals – whether women or men – who need shorter hours choose to leave rather than sabotage their careers.” The trick for successful flexible work programs, she continues, is an understanding that just offering flexible work arrangements is not enough. “The programs have to be carefully implemented,” Calvert concludes, “so the firm’s nonverbal messages do not undercut their usage.
”The progressive firms also appreciate the importance of offering women challenging and rewarding assignments. Those firms that pay attention to who handles the biggest and most important cases and make sure that women are part of the action in an equitable manner,” Calvert explains, “tend to find women advancing at higher rates.”
Finally, firms with encouraging advancement rates recognize through action — rather than mere window-dressing — that substantive and active mentorship is vital for women. “Some of the best firms have women attorneys actively mentoring women associates,” Calvert shares, “some actually have male mentors who watch their women associates advance.”The bottom line is that all firms, whether they are “the best” or “the worst,” have a chance to improve the advancement of their women associates.
In light of how profitable companies become when women are in leadership roles, it is hard to imagine that any law firm would be satisfied with anything other than gender balanced partnership classes. The good news is that such a reality is possible and “the best” can prove it.
Nicki Interviewed on TV!
NewsWhile participating in a panel at a “Dress for Success” event in New Jersey, The Glass Hammer Publisher Nicki Gilmour was interviewed for New York’s MBC station about her thoughts on the future of the job market. Check it out:
Few Gains for Women at the Top of Public Companies
Breaking the Glass CeilingSlim to none. These three words sum up the gains women have made in board rooms and executive suites according to the recent report, “Planning For Tomorrow’s Boardroom: Making Room For More Women.” The report was published by ION, InterOrganization Network, an alliance of twelve women’s organizations in California, Chicago, Florida, Georgia, Kansas/Missouri, Maryland, Massachusetts, Michigan, Tennessee, New York, Philadelphia and Wisconsin. ION studied the number of women on the boards of 1,336 public corporations in the twelve regions listed above. We have previously reported on the individual state reports from Massachusetts, California and Florida.
Read more
2009 YWCA Women’s Leadership Conference
NewsThe 2009 YWCA Women’s Leadership Conference will equipNortheast Ohio women with the skills to advance faster and further up the career ladder. Dr. Robert Schwarz, National Training Director for Mars Venus Workplace Seminars, will serve as the morning keynote speaker sharing his wealth of knowledge on career success and advancement. Dr. Schwarz will explore the different communication styles and strategies that men and women use to advance their careers.
Molly D. Shepard and Peter J. Dean, Ph.D., authors of “Breaking into the Boys’ Club,” will be the lunch keynote speakers.
They will share their brain research that explains some of the differences in how women and men approach leadership.
Three additional national speakers, recognized as authorities on gender and leadership, will teach advanced communication and networking skills, as well as the unique traits that women can capitalize on to fast-track their careers.
•Marny Lifshen, Author, Public Relations and Marketing Consultant
•Deborah Merrill-Sands, Ph.D., Dean Faculty Affiliate, Center for Gender in Organizations
•Leslie G. Ungar, President, Electric Impulse Communications, Inc
To Register
For more information click here, or contact Kara Stafford at (216) 881-6878
WSTA “Connections” Networking Event
NewsStay Connected with WSTA Members,
Affiliates and IT Industry Professionals!
Register Online at https://www.wsta.org/events
Ticket price includes one drink, lite snacks. Reasonably priced cash bar.
CFO Rising – Facing the Challenges Of the Next Decade
NewsThis year’s event examines issues that are pertinent to finance executives with clear corporate agendas and strong career ambitions.
Questions to be addressed include:
What are the savviest CFOs focused on?
What are the latest best practices available in finance?
How can a CFO push the shareholders’ agenda without taking on too much risk (M&A activity, supply chain rationalization, IT security, or compliance)? Where will corporate credit come from next? What skills do the best CFOs need now?
The conference is designed to provide a “State of the Profession” portrait for high-impact finance executives who want to network, learn, and network some more.
Topics will cover:
• Pension Planning
• Managing Performance
• Health-Care Consumerism
• Going Private
• Improving Accounts Payable
• Finance Talent Management
• Raising the Financial IQ of Non-financial Managers
• ERP & Financial Software
• AP Automation
• Business Value
• Cash Management
• Shared Services versus Outsourcing
• Environmental Liabilities
• Supply Chain Management
• Business Intelligence
• Fraud Prevention
• Managing Shareholder Value
• BPO Planning & Implementation
• Budget & Forecasting
• Health Care Bottom Line
Through case studies and advice from thought leaders, attendees learn best practices. Through peer networking, they learn what their peers are doing to gain better predictive measures and how they are rolling out analytics throughout their organizations. Through the exhibit hall, they learn new techniques, products, and solutions to bring back to their companies.
To Register
The Financial Women’s Association Of San Francisco: “Growing a Career in Finance”
NewsJoin us for this evening event to hear Cathie Lesjak, Executive Vice President and Chief Financial Officer, Hewlett-Packard, discuss the path she took to become CFO of one of the world’s largest IT companies and share the lessons she has learned along the way. In particular, Cathie will focus on career development, which is an integrated part of HP’s culture and something about which Cathie is passionate. She will share the “yellow brick road” to her current position and describe how seeking out mentors and putting yourself in challenging situations will help you grow in your career.
Click here to register online.
Estate Planning in a Down Economy: Take Advantage of the Financial Crisis
Expert AnswersMost people know that they should have an estate plan in place; however, making estate planning a priority is difficult even in the best of times, let alone during times of financial crisis. While the benefits of estate planning are well known – including providing for your family and friends, avoiding probate, reducing estate taxes, helping a favorite cause, and planning for incapacity – the advantages of estate planning in a down economy are less familiar.
By making strategic estate planning decisions now, while asset values continue to drop and interest rates are at all time lows, individuals are able to pass more to future generations and reduce or eliminate estate taxes. Estate planners have a number of tools that take full advantage of a bad economy, including:
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Ask-A-Recruiter: Three Common Job Search Bobbles
Ask A RecruiterThe ball pops out of the shortstop’s glove, even though it went straight at him. “Oh, he bobbled it,” the sportscaster calls. It’s not a career-ender, but it may get the runner on, and maybe that runner will score. In the end, the bobble may be costly. Job search bobbles are small and may fall under the radar. But, they can be costly, so try to avoid them:
Presentation counts. Mickey Mouse dress socks peek from under a candidate’s slacks as he sits down. The candidate doesn’t get the job, as the employer interprets his choice of socks as a lapse in professional judgment. (True story, and this happened at the meeting when our client was going to make this candidate an offer!)
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