The Ongoing Challenge of Pay Equity in In-House Legal Departments
Introduction
The issue of pay equity has gained attention as new laws on wage transparency are enacted across various states. This shift allows female General Counsels (GCs) and Chief Legal Officers (CLOs) to advocate for their worth more effectively.
The Current Landscape
According to Heather Fine, co-author of the report and partner on Major Lindsey & Africa’s in-house recruiting team, the discussions about financial compensation are becoming more prominent:
- Increased visibility of pay disparities.
- Greater negotiation opportunities for female attorneys.
The Disparity Remains
Despite these positive changes, the report highlights a b (high) global disparity of 28% in pay:
- This gap represents a significant hurdle that still needs to be addressed.
- The importance of persistent efforts in tackling this issue cannot be overstated.
Conclusion
To summarize, while progress is being made, the journey towards pay equity in in-house legal departments is far from over. Legal organizations must continue to focus on this issue to ensure a more equitable future for all employees.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.