30% Club: 'talent strategies' beat diversity programs
The 30% Club - an initiative aimed at increasing the number of women in leadership positions in the professional services - has recommended a shift in focus from traditional diversity programs to focussed “talent strategies”. comments powered by Disqus
Ashurst, Allen & Overy, Clifford Chance, CMS Cameron McKenna, Eversheds, Freshfields Brauckhaus Deringer, Herbert Smith Freehills, Linklaters, Reed Smith and Slaughter and May all took part in a ten week project considering strategies to accelerate change in the legal profession, and more than 700 fee-earners also participated in an online feedback survey. The group found that current diversity strategies were insufficient, and proposed a talent strategy with an emphasis on sponsorship.
Ashurst senior partner Charlie Geffen said: “Improving the retention and development of women is key to the future success of all firms. Despite putting measures in place to address gender diversity, it’s fair to say that progress in the sector has been very limited.