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Female Partners Are Not Making It Rain

Female partner bending over backwards.JPGWe know there is a gender gap in Biglaw partnerships. But according to a new survey from the National Association of Women Lawyers, there is also a business generation gap between female and male partners. The Legal Intelligencer reports:

Whether this new statistic, measured in the latest survey by the National Association of Women Lawyers, can be seen as the fault of the firm or the fault of women lawyers themselves is a question the survey didn’t answer….

According to the survey results 46 percent of large law firms have no women at all among their top 10 rainmakers. Almost another third, or 32 percent, have only one woman on that list. About 15 percent of large firms have two women among their top rainmakers and 6 percent have three or four in the top 10. About 72 percent of large firms have no women at all among the top five rainmakers in the firm, the survey results showed.

“The results are astounding, even to those of us familiar with the dynamics of legal business development,” NAWL said in its report on the survey.

The raw data doesn’t provide a concrete reason for this gap. But there are a lot of theories.

My guess is that this is the kind of thing that gets sorted out over time. As firms make more female partners and those partners become more established, the contacts and the business should come over time. When you are trying to change the ways of a long-established network, it just takes a lot of time.

That’s just my speculation. But there are lots of people trying to guess at the reason for the gap:

“Our data cannot tell us whether this underrepresentation is a function of less aggressive rainmaking activities among women, or the result of ‘inherited’ clients of the firm flowing to men, whether women are given opportunities to participate in business development on an equal footing with men, whether women are receiving credit for business development at the same rate as men, or if there is some other explanation for the observed differences,” NAWL said in its report.

On the positive side, and contrary to some speculation we’ve been hearing, at least women aren’t getting laid off at disproportionately high rates. At least not women who are working full time:

For the first time since the survey began, NAWL tracked the impact of layoffs on women by tracking layoffs through June 2009. The results showed men and women were laid off in rates proportionate to their numbers as associates and partners.

The exception came in the area of part-time lawyers. Though fewer firms responded to questions about layoffs than other sections of the survey, the data showed nearly 100 percent of the part-time lawyers laid off were women even though they don’t make up nearly 100 percent of the overall group of part-time attorneys.

You can’t rise to the level of a rainmaking female partner if you are laid off as a part-time female associate. For the women that want to become business generation leaders at their law firms, the lesson — if any — seems to be: keep working.

Survey Shows Large Firms Have Few Women Among Top Rainmakers [Legal Intelligencer]

Earlier: Female Partner Promotion at Sullivan & Cromwell

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