Today Am Law released an exhaustive report about female equity partners at major law firms — equity partners, not to be confused with non-equity partners (who are really glorified associates that firms slap with the “partner” label in order to look good when folks like BBLP or Jezebel come calling). The numbers aren’t going to surprise any woman who is seriously considering a career in law.
But just because they’re not surprising doesn’t make them any less depressing. From the report:
The data compiled for this first systematic look at the issue is presented below. When we reviewed it, two numbers immediately jumped out. First, women make up only 17 percent of partners at the firms we surveyed, even though they have represented about 51 percent of law school graduates in the last 20 years. Second, of the women partners who work at multi-tier firms, 45 percent have equity status. In comparison, 62 percent of the male partners at these firms have equity.
Retention issue much? At 17 percent, you’re talking about a serious glass ceiling sitting on top of women at major law firms. With spikes pointing downard. And holes so small you can’t possibly fit squeeze through them if you are carrying any extra weight, or a baby….