⚖️ Minority and women GC numbers are up -- but not enough
The Minority Corporate Counsel Association has tracked diversity numbers for GCs for the last 15 years. According to its most recent data, shared on Law.com, there are more women and minority GCs than ever.
Inside the numbers: According to the survey, women and minorities make up about 34% of all GC positions at Fortune 1000 companies. That’s up from 15% in 2004.
This is slightly better than Big Law: As detailed in previous newsletters, partners at Big Law firms are about 9% minority and 23% women. And Black women have been leaving Big Law for boutique and in-house jobs in especially large numbers.
But there’s still a long way to go in the GC world
The report found 203 new GCs were hired by Fortune 1000 companies last year. Of those 203, 15 were Black, 10 were Asian and two were Hispanic. Only 58 were women.