New York Law Journal
April 23, 2010
Law firms have made "significant advances" in promoting women to partner, according to a new report. Women made up 34 percent of their 2010 new partner classes, compared to 28 percent the year before, according to a recent report by the Project for Attorney Retention (pdf).
At nearly 20 percent of the firms tracked by the San Francisco-based non-profit, women comprised half or more of the new partner classes.
Sullivan & Cromwell and Weil, Gotshal & Manges topped the list with all-female U.S. partner promotions. On the flip side, 14 firms nationally had all-male U.S. classes, including Cleary Gottlieb Steen & Hamilton and Milbank, Tweed, Hadley & McCloy.
"The increase in the number of women promoted to partner is heartening," Cynthia Thomas Calvert, the group's director of research, said in a statement. But she added that "celebration would be premature." Women overall make up only about one-fifth of firm partnerships, she said. And the survey, she noted, made no distinction between equity and non-equity partners.
Read more at: Law.com
