Holland & Knight Recognized Among 50 "Best Law Firms for Women"
MIAMI (June 23, 2022) – Seramount, now part of EAB, has once again named Holland & Knight among the 50 Best Law Firms for Women. The annual list by Seramount (formerly Working Mother Media) recognizes firms that utilize best practices in recruiting, retaining, promoting and developing women lawyers.
"As we emerge from the pandemic and the legal profession adapts to a hybrid work environment, this recognition takes on greater significance and reflects our firm's continuing commitment to our women attorneys and professionals," said Judy Nemsick, chair of Holland & Knight's Women's Initiative.
"Our Best Law Firms for Women continue to improve in many critical areas," said Subha V. Barry, president of Seramount. "Representation of women managing partners has increased significantly, and we've seen progress for multicultural women lawyers at every level. Our firms recognize the importance of recruiting and retaining this important talent pool and have developed the family-friendly benefits to prove it. All of these combined are important steps toward parity."
Highlights of the 2022 Best Law Firms for Women include:
- The percentage of women managing partners (or equivalent prominent leader and spokesperson for the firm, other than the chairperson or equivalent) increased to 43 percent, up from 34 percent in 2021.
- Critical assignments went to women, further leveling the playing field: 38 percent of members of the firms' management committees were women (versus 35 percent last year); 38 percent of those deciding promotions to equity partner were women (versus 34 percent last year); and 36 percent of those determining compensation were women (versus 34 percent last year).
- There are more multicultural women (MCW) at every level: 29 percent of all women lawyers were MCW (versus 27 percent last year); 36 percent of women associates were MCW (versus 34 percent last year); 18 percent of women equity partners were MCW (versus 16 percent last year); and 22 percent of women equity partners promoted were MCW (versus 18 percent last year).
- As hiring and retention became more competitive, law firms stepped up their family-friendly benefits: The average fully paid gender-neutral parental leave for associates increased to 16 weeks (versus 13 weeks last year); 67 percent of firms now cover in-vitro fertilization (versus 52 percent last year); and 80 percent of firms are now hybrid workplaces.
Seramount's 2022 Best Law Firms for Women application includes more than 300 questions about attorney demographics at different levels, schedule flexibility, paid time off and parental leaves, and development and retention of women. Questions also include ability to work from home some of the time, family-friendly benefits and mentoring and sponsorship participation.
Seramount is a strategic professional services and research firm dedicated to advancing diversity, equity and inclusion in the workplace. Learn more at www.seramount.com.