International firm Hogan Lovells has become the latest high-flying practice to publish its gender pay gap data, as the deadline for statutory reporting approaches.
The firm, like others, has included separate data for partners and its figures show that women in the partnership are paid 2.8% more than their male counterparts (mean). Women make up a quarter of the UK partnership.
For the rest of the employees the pay gap is 15.3% in favour of men. The firm’s mean bonus gap is 47.9%.
Firms with 250 or more employees have until tomorrow to comply with the Equality Act 2010 (Gender Pay Gap Information) Regulations and report the pay gap between men and women.
Hogan Lovells’ report notes that more women (58%) than men are in the highest pay quartile. It said this demonstrated a commitment to ensuring women reach senior positions.
The lowest pay quartile is 72% female, while the second lowest is 67% - though many of the jobs in these sections are non-lawyer roles.
When looking specifically at the lawyer population, excluding partners, the mean gender pay gap is 0% - the firm said.
Susan Bright, regional managing partner for the UK and Africa, said: ‘We are an equal pay employer, ensuring fair and competitive reward for equivalent work. We have long been regarded as a firm with a strong female partnership. The results are not surprising but they do underscore the culture and diverse range of talent we have at our firm.’
Unlike some firms, Hogan Lovells has declined to produce a gender pay gap that includes all employees and partners lumped together. Clifford Chance and Norton Rose Fulbright are among the firms to have done this – resulting in a huge increase to the mean pay gap.