Posted in News on 22 Aug 2018
74% of all lawyers employed in Top 50 UK firms aspire to leadership or partnership, 71% of Top 100 and 81% of Top 200. 40% of those solicitor and lawyers aspiring to partnership in Top 50 law firms believe they will achieve it with their current employer, 38% of Top 100 and Top 200 lawyers share that belief.
65% of all solicitors and lawyers employed in high street law firms aspire to leadership or partnership with 35% believing they can achieve that with their current employer. 67% of all lawyers working in regional firms aspire to a partner level role with 36% confident they can achieve that with their current employer.
In 2018 79% of male lawyers and 66% of female lawyers had partnership or leadership in their sights, a 1% increase from 2017.
Male lawyers demonstrated the biggest increase in confidence in their employer’s proposition with 37% of all male solicitors and lawyers with partnership aspirations believing they could achieve that with their current law firm, 8% up on 2017 and 5% up on the 3 year average. 33% of all aspirational female solicitors and lawyers believed they could achieve their ambition with their current employer compared to 30% in 2017. That’s an all-time high and 3% up on the 3 year average.
88% of male solicitors and lawyers in Top 50 law firms aspire to partnership and 41% believe they can achieve that level with their current employer. 64% of female lawyers employed in Top 50 law firms share the aspiration with 36% confident they could achieve it with their current employer.
63% of female solicitors and lawyers working in top 100 UK law firms aspire to partnership and 33% believe they will achieve that with their current employer. 84% of male lawyers employed by Top 100 UK law firms aspire to leadership and 44% believe they could achieve that with their current employer.
86% of male solicitors and lawyers employed in Top 200 law firms have partnership on their radar and 47% believe that could be achieved with their current employer. 76% of female lawyers working in Top 200 UK law firms share that aspiration and 29% think that could be achieved with their current employer.
Partnership is on the radar for 63% of all female solicitors and lawyers working for high street law firms with 37% of those confident they can achieve that with their current firm. 73% of male lawyers working in high street law firms have similar aspirations with 29% believing they can achieve that with their current firm.
Similarly 86% of male solicitors and lawyers employed by regional law firms aspire to business leadership or partnership with 37% believing they can achieve that with their current employer. 60% of their female colleagues share their ambition with 35% confident they could achieve that with their current employer.
23% of all lawyers turned off by the prospect of partnership cited the impact on work life balance as the main reason for their lack of interest, 13% cited stress and 11% a glass ceiling, 26% of female lawyers cited work life balance as their main obstacle to partnership with 15% of male lawyers sharing the sentiment. 16% of female lawyers did not want to take on the stress associated with the role, male lawyers did not feel as strongly about stress with 5% citing it as the main reason. Male lawyers felt that the glass ceiling was more of an issue for them, with 14% citing it as their main turn off compared to 10% of female lawyers.