Business Weekly: Gender diversity pushes elite UK law firms towards non-equity partnership model

 

Gender diversity, but not compensation disparity, pushes elite UK law firms toward the adoption of “non-equity partnerships”, finds a new study co-authored by Dr Thomas Roulet and Dr Lionel Paolella of Cambridge Judge Business School. The study looks at some of the factors associated with the adoption – or non-adoption – of non-equity partnerships. These factors include profitability per equity partner, compensation disparity among partners, the percentage of lawyers who are “associates” rather than partners (known as the leverage ratio), gender diversity, and the reputation of partners.

Read the full article [businessweekly.co.uk]