Eversheds embraces partner pay gap reveal trend
Eversheds Sutherland has joined the ranks of firms that have chosen to release not only their statutory gender pay gap statistics, but also their partner figures.
The pay gap for employees across the board is on average 23%, or 25% on a median basis. As far as bonuses go, women at the firm receive on average 43% less than men, or 31% calculating by the median figure.
Following the lead of such firms as Clifford Chance, Pinsent Masons, and Norton Rose Fulbright, Eversheds also released its partner data. Female equity partners earn on average 10% more than their male counterparts, or 8% median. The difference in fixed share partner pay swings the other directions though, being on average 4% more for men, by median 6%.
Lee Ranson, Eversheds’ chief executive, pointed out that the firm’s numbers are not out of the ordinary, stating that they are “keeping with most of our peer firms,” but that law firms collectively need to address the problem of the pay gap.