Diversity
In Equity Partner Ranks, Men Earn an Average of $87K More than Women
Posted Nov 18, 2008, 08:50 am CST
By Debra Cassens Weiss
Women lawyers at large law firms earn less than their male counterparts at all levels, but the difference is especially pronounced among equity partners, according to a new survey.
On average, women earn $7,000 less in annual pay than men at the associate level, $14,000 less if they are of-counsel, $23,000 less at the nonequity partner level, and $87,000 less if they are equity partners, according to the survey (PDF posted by the Am Law Daily). In 99 percent of large law firms providing salary data, the most highly compensated partner is a man.
The median annual compensation is $660,000 for male equity partners and $573,000 for female equity partners, according to the survey by the National Association… Continue reading...
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