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Baker McKenzie has recently announced new global targets set at 40:40:20 per cent gender diversity, to represent 40% women, 40% men and 20% flexible (women, men or non-binary persons). This target applies to partners, senior business professionals, firm committee leadership and candidate pools for recruitment.
The multinational law firm has set a target date of 1 July 2025. Starting from 24 June, all candidate pools for external recruitment for partners or senior business professionals should take the new targets into account while hiring.
From July 2020, in offices which do not yet have at least 25% women partners, at least one out of four partner promotions should involve a female.
“We have made a big step towards providing equal opportunities for women with the overwhelming support of our senior leadership. We believe diversity makes us stronger, and better placed to serve our clients, and the communities in which we work. As such, diversity forms a core part of our strategy, across the firm globally,” said Constanze Ulmer-Eilfort, global diversity & inclusion committee chair and member of Baker McKenzie’s global executive committee.
“Our new 40:40:20 targets will ensure that we continue to do everything possible to make sure the firm is a fair and inclusive place to work and that we create the best environment for all our people,” said Jaime Trujillo, acting global chair at the law firm.
Both Eilfort and Trujillo pointed out Baker McKenzie’s strong commitment to recruiting a diverse pool of talent and creating an inclusive workplace environment: The law firm has more female partners than other law firms and in the preceding three years; the promotions to partner have been on average 40% women; several of the industry group leadership teams have at least 50% female members; and in an internal employee survey, 98% of the employees agreed with the statement, “This firm values diversity in its workforce”.
Stay tuned next week for further details on this policy!
Photo/ Financial times