Aird & Berlis law firm narrows pay gap between male and female equity partners

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Aird & Berlis law firm narrows pay gap between male and female equity partners
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There is now an 8-per-cent divide between what men and women at that level make, a significant improvement from the past analysis, which showed a 17-per-cent disparity

“We were pleasantly surprised,” said managing partner Steven Zakem. “Whether that’s sustained or it pauses, or whether there’s any slippage, it’s hard to tell. Two years does not make a trend. We will have greater clarity next year.”

Prior to this reporting, the extent of the gender wage gap at large private law firms in Canada had been a mystery, because firms in this country have never agreed to share the information. However, this type of disclosure is routine in the United States and mandatory in Britain. Lawyer Erin Durant, who has been loudly calling for more aggressive action on the wage gap in the legal sector and who was recently named one of Canadian Lawyer’s Top 25 Most Influential Lawyers, says she’s frustrated that firms are waiting for a third party to come asking.

Mr. Zakem said the latest gender analysis supports this thinking. He attributed the current progress to several high-performing women taking big leaps up the compensation grid. But Mr. Zakem stressed that the firm knows it still has lots of work to do. For example, he said he is unable to discuss the pay disparities between white and racialized equity partners, because there are so few of the latter that doing so would violate their privacy. Hiring more diverse talent – and retaining that talent – is a major priority for the firm, he said.

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