Compiled for the LCLD Board of Directors every Wednesday, this digest is designed to brief you on the latest headlines about LCLD Members and organizations, as well as thought-provoking articles on diversity in the legal profession, talent development, mentoring, and leadership. Past issues of the Digest are also archived on the LCLD web site.
If you have questions about the Digest, articles you'd like to share, of if you would like to subscribe, please email Communications Specialist Caitlin Puffenberger at cpuffenberger@lcldnet.com.
1. Results: Major, Lindsey & Africa 2018 Partner Compensation Survey
Major, Lindsey & Africa, 12/4/18
Male partners earn 53 percent more than their female counterparts at top U.S. law firms, according to a recent survey by Major, Lindsey & Africa. Origination credit and billing rates were responsible for about 75 percent of that gap.
2. Minorities Gain Ground in Big Law (Caveats Apply)
Above the Law, 12/18/18
Minorities now account for 17 percent of law firm lawyers and 9 percent of partners, according to the 2018 Vault/MCCA Law Firm Diversity Survey. However, the percentage of diverse lawyers leaving firms is growing—22 percent overall and 28 percent among associates.
3. Beyond the Billable Hour: It’s Not About Economics—It’s About Relationships
Corporate Counsel, 12/17/18
“Together we have developed new processes and tools that integrate Perkins Coie attorneys into the Microsoft culture and workflow, helping the Perkins Coie team cultivate a deeply ingrained understanding of Microsoft’s business,” write attorneys from both LCLD Member organizations on their new client relationship model.
4. New Initiative Aims to Connect Female In-Housers with Women Startup Founders
Corporate Counsel, 12/18/18
“There is no ecosystem for women founders to broaden their network,” said Aparna Srinivasan, CEO of SpotOn.Pet. “A lot of founders don’t realize who important it is to have someone with a GC’s knowledge in your back pocket.”
5. How to Measure the ROI of Diversity Programs
Forbes, 12/21/18
To grow more inclusive, organizations need robust diversity goals and a system for measuring them. D&I consultant Janice Gassam details questions leaders can ask themselves to create effective diversity metrics.
6. Study: When Leaders Take Sexual Harassment Seriously, So Do Their Employees
Harvard Business Review, 12/14/18
“More than any other aspect of a company, it is organizational climate that best predicts the occurrence of sexual harassment,” researchers say. Leaders play a critical role in determining that climate.
