Noticeable Improvement In Leadership Representation, But Challenges Remain For Minorities In The Legal Profession (Above the Law)
Above the Law, November 10, 2017
Noticeable Improvement In Leadership Representation, But Challenges Remain For Minorities In The Legal Profession
“This week, the New York City Bar (City Bar) released its most recent annual Diversity Benchmarking Report. Seventy-one firms (signatory firms) participated in both the 2015 and 2016 benchmarking surveys, which allowed the City Bar to perform statistical comparisons on representation, leadership, and hiring. What is it about the number 71? As of the report’s publication, 71 Fortune 500 companies have signed onto the ABA Resolution 113 Model Diversity Survey. In terms of overall representation and hiring data in the 2016 City Bar Benchmarking Report, not much has changed from the prior year. The good news is that there has been a noticeable increase of women and minority representation in leadership roles. The bad news is that the same old challenges remain for most of the legal industry: 1) Racial/ethnic diversity at the partner level; 2) Erosion in the associate pipeline; and 3) Voluntary attrition.”
