According to the Women in Law Empowerment Forum, female attorneys are making slow but steady gains in leadership roles at big law firms. One key development is that firms can now qualify for a “gold standard” certification, by enforcing the presence of female attorneys in the office.
To qualify for the “gold standard” certification, firms must meet at least 4 of the following 6 criteria: (1) women account for at least 20 percent of equity partners or a third of attorneys becoming equity partners during the past year, (2) women account for 10 percent of firm chairs and office heads, (3) women account for 20 percent of the top governance committee, (4) women account for 20 percent of the compensation committee, (5) women account for a quarter of practice group heads, and (6) women account for 10 percent of the top half of the firm’s most highly compensated partners.
Read the complete article to learn how to qualify your firm for “gold standard” certification.
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