NYC Bar Report Reveals Minorities Have A 60% Higher Attrition Rate; Asian Attorneys Leaving At An Alarming Rate (Above the Law)
Above the Law, October 21, 2016
NYC Bar Report Reveals Minorities Have A 60% Higher Attrition Rate; Asian Attorneys Leaving At An Alarming Rate
“This week, the New York City Bar publish its latest Diversity Benchmarking Report. There were several notable bright spots in the report; however, women and minorities still face around a 50% higher voluntary attrition rate than white men. According to the report, this attrition rate continues to disproportionately impact minority and women attorneys, with 18.4% of women and 20.8% of minorities leaving signatory firms in 2015 — a slight decrease from 2014, but still well above the 12.9% rate for white men. This equates to a 42% and 61% higher voluntary attrition rate for women and minorities, respectively…Kudos to the City Bar and its signatory firms for providing the legal profession with such illuminating research. The 2015 Diversity Benchmarking Report is a must-read for anyone seeking to improve diversity in their firms, especially if you are a diversity chair, member of a diversity council/committee, or designated diversity professional.”
