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The lack of women in power positions represents a poor return on
investment for law firms, and could be costing them far more than
they think in both economic and cultural terms. Quite aside from
the widely accepted understanding that more diverse teams perform
better, research shows that it actually costs more and takes longer
to replace female partners than their male colleagues. Moreover,
the scarcity of women mentors could be having a long-lasting effect
on up-and-coming female associates. The problem is far from new but
law firms' usual answers - business development training, diversity
programs, investment in "women's initiatives" - doesn't seem to be
having much of an effect, despite the collective millions firms are
spending on these. The numbers of women attaining power positions
in law firms have remained static for decades. By contrast, the
percentage of women holding GC positions in Fortune 500 companies
is growing, and women are increasingly likely to be found in
in-house roles. Packed with fascinating insight, experience, and
research from a broad range of lawyers, coaches, academics, thought
leaders, and consultants, Beyond Bias: Unleashing the Potential of
Women in Law considers just how much firms are costing themselves
by failing to promote and retain talented women, the reasons their
efforts have so far seen so little return, and the practical steps
they can take to start to move the needle. We'll also consider what
women can do more of to create and seize opportunities, claim
credit where it's due, and get the most out of their business
development efforts, wherever they practice. "Beyond Bias redresses
some ancient wrongs with practical observations although who can
say where we are going and where we will end up: the book is a
major start on this new road so do read it soon." review by
Elizabeth Taylor of Richmond Green Chambers and Phillip Taylor MBE,
Head of Chambers and Reviews Editor, "The Barrister". See the full
review here.
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