Following up on my post about remedying inequities for women in business, an interesting program announcement to teach women law partners to "lean in" and negotiate a better pay situation for themselves. See Power of the Purse. The announcement notes that "Women Partners earn an average of $497,000, a 3 percent decrease since 2010, and male partners earn an average of $734,000, an increase of more than 8 percent since 2010. Yes – the gap between partner pay for men and women is growing!" Answering the question of why we should care, the program cites the ABA's Presidential Gender Equity Task Force for its identification of the business realities of avoidance, such as talent drain, loss of valuable attorneys and their revenue generation, loss of clients, and loss of firm investment. The ABA also advises women how to negotiate for better compensation.
