Glass ceiling most apparent in magic circle

Topics: City,Equality and diversity

  • Print
  • Share
  • Comments (4)
  • Save

Related images

  • LondonCitySkyline

Magic circle firms are lagging behind for gender diversity at partnership level, according to research from The Chambers Student Guide.

The benchmark for female partners is 23.3% across all firms surveyed, according to the research.

Advertisement

On average 19.1% of magic circle partners are female. Linklaters was the only firm to score above average, with 24% of its partners female, while Allen & Overy scored the lowest (16%). 

Regional firms dominated the top 20 for gender diversity. The only London firms near the top are private client outfits and US firms with small partnerships, said Chambers.

All the magic circle firms score below average for associate gender diversity, averaging 49.1%. The average representation for female associates is 56.5%.

However, the magic circle scored above the 5.6% average for ethnic diversity at partnership level. The firms reported an average representation of 6.52%. Allen & Overy had the highest representation at 9%, while Freshfields had the lowest at 3%.  

Four of the five magic circle firms feature in the top 25 for associate diversity. 

‘This can probably be put down these firm’s consistent hiring of candidates who come from overseas or have an international background,’ said the report.  

Of the 105 firms surveyed, human rights firm Leigh Day scored highest for the number of female partners (65%), and ethnic diversity at partnership level (31%). 

Readers' comments (4)

  • Doubtless there are valid reasons why women are under-represented at partnership level in any firm - regardless of size - as this is not just a statistical issue. However, it is not too many years ago that I was sitting with my usual companions in on the daily commute in the First Class compartment of train when one of our group - a very senior partner at a Magic Circle firm announced; "There will never be any women partners at our firm while I am here." That glass ceiling shattered 2 years later but is an example of an attitude that sadly still prevails with some. The City still has a way to go to become a true meritocracy.

    Unsuitable or offensive? Report this comment

  • Could it be that some women have children and have less time to dedicate to their careers?

    If so, I agree with the Gazette's suggestion that we must find these women and remove them immediately, so that we may have an equal 50% male/female partner split.

    Unsuitable or offensive? Report this comment

  • Never been able to afford first class retail travel myself! And there were benefits to not being a partner, especially when the proverbial hit the fan.

    Oh we'll, TGIF!

    Unsuitable or offensive? Report this comment

  • When I had my small, 'sole practitioner' practice I employed 9 people two of whom were men and seven ladies. I never had any complaints from either group about inequaliy. I never even thought about it and I am quite sure they didn't either. If you look after employees properly they will look after you, after all their jobs depend upon it.....and so does yours.

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

  • Print
  • Share
  • Comments (4)
  • Save

Advertisement

Sign up for email news alerts

Daily Update. Keep abreast of the latest developments that affect the profession

PRACTICES FOR SALE, MERGERS, ACQUISITION & ASSOCIATION

LAW MERGERS BUSINESS FACILITATORS TO THE LEGAL PROFESSION Services Include: Mergers, Sales, Valuations, Practice Development, Feasibility Studies, Consultancy. CONTACT IN CONFIDENCE: Neville or Mack Dinshaw LAW MERGERS & ACQUISITIONS DX 42809 Kingsbury Tel: 020 8204 3600 Fax: 020 8204 4654 Email: neville@lawmergers.co.uk Web: www.lawmergers.co.uk WORLDWIDE CLIENT BASE QUALITY MANAGEMENT ISO9001 Registered Firm

SELLING? MERGING? VALUING? Acquiring? Free information from 01494 483728. raymondafox@aim.com www.BottomLineConsultancy.com or www.SolicitorSupermarket.biz

DUE TO THE retirement of one of two Partners in a Bolton based firm we are now seeking interested parties to join / merge. T/O in excess of £300k. Email rachel@boltonsolicitors.com

SMALL EAST MIDLANDS Practice seeks sale or merger. Good mix of Property, Private Client work with some litigation. Leased premises till beginning of November 2016, minimal dilapidations and willing to move. Turnover £440,000.00 per annum. Contact 07825 632078.

Browse the magazine

Current Issue

The Gazette offers you up-to-the-minute national and international news, opinion, features, in-depth articles plus a jobs and appointments section.

Please click the link below for a digital edition