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: Ms. JDNew Compensation Numbers from PAR and MCCA: The Same Glass Ceiling
By jessie
Out this month is The Project for Attorney Retention and the Minority Corporate Counsel Association's latest report on law firm compensation, New Millenium, Same Glass Ceiling? The Impact of Firm Compensation Systems on Women. The early results of this work were first presented at the ABA WILL Academy in April, but they bear repeating.
The report details the survey of 700 female partners. In addition to replicating previous studies' pay gap findings (22% gap between male and female equity partners), the report reveals pervasive dissatisfaction among women partners with respect to their compensation systems.
One woman partner said: ?I was the highest paid woman in my office, and my compensation was about 50% less than any? male partner in my department in my office. ? Another reported: ?It is hard to say that gender is not a factor, when the median compensation for male partners is almost double that of female partners in my department, which is the largest department in a large international law firm. Once bonuses (which are confidential) are factored in, it is my informed belief that women partners in my practice group make less than half
as much as the male partners.?Roughly one-third of the women surveyed reported having been bullied, threatened or intimidated out of origination credit, a key factor in setting compensation. More than half the women reported being denied their fair share of origination credit.
Full post as published by Ms. JD on July 07, 2010 (boomark / email).
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