Friday, April 30, 2010

More good news for women partners

Forbes has reported that a new study shows that not only is it hard for a woman to make partner, its hard to stay there. The joint study, conducted by the Minority Corporate Counsel Association, the ABA Commission on Women in the Profession, and the Project for Attorney Retention, surveyed 700 female lawyer at regional and international law firms. According to the study, the majority of women who had made it partner had to attain the position by making a lateral jump to another firm--few were promoted from within.
It also reported that 9 percent of the woman partners lost their equity stakes.
The solution, according to Forbes--more women at the top. Sounds like a vicious cycle to me.

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