The National Law Journal article mentioned in my previous post says that "law firms struggle to retain women lawyers and boost them into leadership roles".
Perhaps Big Law firms and others are missing a trick. Research on the glass cliff at Exeter University in the UK has included reviewing the impact of appointing women directors in FTSE 100 companies. The researchers say:
"...in a time of general financial downturn, companies that appointed a woman actually experienced a marked increase in share price after the appointment. On the other hand, those appointments that were made in less unsettled times tended to be followed by a period of share price stability."
Given that people mature into leadership roles at different rates it makes sense to keep as diverse a range of associates in the running for as long as possible. Which in turn means greater flexibility in career development options.
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