@Bgirl_Hamster: Or, alternatively, are women more likely to rise through the ranks of companies that don't have as strong of a concept that leadership should be paid astronomically? It's becoming more and more of an outdated, old-fashioned concept.
This is where the pay-gap feminism sometimes loses me.
1. No-one should earn this much. It's obscene, and can't be justified.
2. If we closed this pay-gap, we'd help what, 50 women at the top end of the tree? Fuck that. I want to help the billions of women (and men) who struggle with poverty.
3. A person earning that much won't get my help or sympathy for any reason, pay-gap or no. If you're earning 40m a year, you can't complain.
@Agumen: But I think the gap at the top comes from some of the same problems as the gap at the bottom. And is maybe more visible, and so can help shed light on those problems.
I certainly hope once this recession is over that women aren't pressured (more than now) to go back home, a la post-WWII. "Great job ladies! Now you can go back home and do your REAL job." I know we're in a very different time, but I could definitely see staying home being a big status symbol whenever things turn around.
(This isn't a criticism of women who stay home. I just want it always to be a choice.)
I'm more concerned about the pay disparity between somebody makes $100 million a year and the person who cleans the office building. And more and more, the people cleaning office buildings are women.
I'd like to be all equal pay about this...but I'm frankly disgusted that any one person is making 100 million dollars in a year. I have a hard time believing they "earned" it, in the sense that that's more money than you'd ever need in a lifetime to live comfortably. If they make that -every- year, that's...yeah. Granted, I'm sure a lot is gone in taxes...but even half that and 50 million. A year.
And yet, there's extreme poverty not only around the world, but in right here in places like Appalachia.
@tiredfairy: couple that with the completely useless crap these multimillionaires then feel they must buy~~ the giant yacht with 24kt gold plumbing fixtures, the $10,000 watches~~ there's something so gross about that kind of self-indulgence when others around the world suffer so much from poverty, hunger, disease.
@tiredfairy: I do feel "all equal pay about this," but I wish the baseline were lower. I don't think anyone ought to be making $100 million a year, but I don't think it's right that there is such an enormous gap between the highest-paid men and the highest-paid women, either.
And the gap at the top affects the gap lower on the ladder, like Anna says here:
Mason also writes that for women "the layers of missed opportunities, family obligations, and small and large slights build up over the years, slowing their career progress compared with men." These layers may be keeping women in the highest echelons from making the biggest bucks possible, but they have a proportionally higher impact on women lower down, for whom a promotion can mean much-needed money and job security.
I'm at once outraged by the exorbitant salaries these people are making, the abject poverty around the world and in the US, and by gender inequity.
@msAnthrope: Agreed. And most say that they work hard and have earned it. Ok, well have you worked as hard as the President? Have you taken care of an entire country? No? So why are you making more than $400,000 per year? It's pretty sickening that these people make 250 TIMES AS MUCH as the leader of the free world.
@tiredfairy: I doubt that he pays half in taxes, as part of his comp package is probably stock options, which are taxed differently (read: at a much, much lower rate) when exercised.
Additionally, long term capital gains tax (which is any money that you earn after holding a stock for over a year and then selling) is outrageously small (15%, unless you're in a low income bracket).
Rich people who bitch about paying taxes are straight up stupid, because there are so many perfectly legal ways to get around it.
@AmbiguouslyGayUno: In a lot of ways, it's a lot because of misguided (in my humble opinion) attempts to reign in corporate salaries. Everything has to be disclosed now, which is fine in a lot of ways, however, when every CEO knows every other CEO's salary, there's a lot of pressure on comp committees to make sure that their CEO is paid competitively, which puts pressure on market-leader companies to raise their management salaries even more, to stay in the lead. And then everyone matches up, and on and on. AND, the salary numbers are inflated in a lot of ways: the way options and performance shares are valued make it seem like these people are paid a lot more than they actually take home at the end of the year.
@kithkin: Yeah, I do agree. I think my outrage at the gender inequity is just getting dwarfed by the horror at that kind of income. It's obviously a two-fold problem...no one should be making these salaries, and there shouldn't be such a huge pay gap.
I don't really care what any of them makes as long as I don't have health insurance. Yes, I'm bitter. To stay remotely on-topic, though, beyond a certain amount of money, I have trouble with outrage on these women's behalf. You can't tell me that someone making $42 million has a significantly different/compromised lifestyle compared to someone making $100 million. This isn't where the attention needs to be where pay disparity is concerned. It's unfortunate, and unfair, but relatively speaking, unimportant.
@TheFormerJuneBronson: I think it's important because for all we talk about "breaking the glass ceiling," even IF you get to be CEO/leaders of major multinational companies, you're still getting paid substantially less than your male counterparts.
@schweppes: And as I said, I do think it's unfortunate and unfair, but I'm most interested in what will benefit all 130 million women in the country, not the 25 best-paid women in the country. As far as I'm concerned, their pay is in a realm beyond where equitability is their biggest issue.
@colormeroutine: But I don't think that these women are complaining. I think it's that us, other women, can look at this as say "Why is there STILL a difference even at the very top?" Academically, not in a social justice way. No one's saying that they should get paid equal to men because they aren't able to make ends meet or live comfortably.
@schweppes: You're right, in the sense that this does show kind of starkly, that even in the most high ranking context, there's still a bizarre gender bias going on. And at that level if makes even less sense since there isn't any demonstrable lifestyle difference.
I would like it if this showed how serious this is for the much lower rungs, but I don't know if it will. I myself am still stuck on the utterly exorbitant salaries on display. It's really hard to get past that.
Having just left a plaintiff's firm where billable hours is a joke - seriously, I spent a lot of time not doing work and the partners spent a lot of time playing poker. I have gotten a job at a small defense firm. While I have to bill hours for the first time in my life, and I spend a ton of my day working, there is no stress there. The billible hour keeps everyone on task - a much needed benefit.
Hasn't the shift been towards contracts rather than billables recently? For a lot of corporate clients, anyway?
Seems like this would be more supportive of a meritocracy, and increase competition, forcing do-nothing fatcats out. I'd think big firms' litigation teams that can't adapt or produce would begin to fragment into smaller boutiques, when the rock-stars can't get their margins.
I'm a total nerd and actually DVR "America and the Courts" on C-SPAN. Shush. I like it.
Anyway, a few weeks ago the program was a recording of a panel discussion of four or five female state supreme court chief justices and most of them went to law school in the 70s. The theme of the discussion seemed to be "Ladies have it good now." But in their day, as one explained, it was not so unusual for a judge to hear argument in chambers and tell the female lawyer that he might hear her a little better if she sat on his lap.
Although that kind of stuff certianly wouldn't be acceptable today, if you look at the numbers, women are associates, not numbers. We might be 60% of today's granduating classes, and represent 50% of of BigLaw's associates (pulling numbers out of my ass here, but I think they're about right), but we're like 5% of BigLaw's partners. Something's wrong with that picture. And I don't think it's just because we're playing catch-up.
@crunkjuice: I just noticed this when looking at the Biglaw firms in my area. There are 3 female partners to 18 male partners. But the odd thing is that most of the associates are actually male too, even though my regional school which is the biggest feeder for these firms has been graduating at least 50% women for a while. So I guess the women must be going to smaller firms and government work, it kind of concerns me. I don't know if it's their choice, or if the partners in Biglaw firms in this region don't hire women at a high enough rate.
Law firms are notorious for not exactly telling the truth to its workers (See: Stealth layoff, paternity leave, which one takes at his own peril, and having more than one child before becoming partner).
As any big firm refugee will tell you, any discretion will almost always (save for that one, generally white male exception) screw everyone. Wages will go down, profits will go up (which is a win for the author of this article). Confusion, discretion, and a lack of a clear policy feeds into this. Also? This is the way people work for 20 years and find out they were categorically making less than men.
Yes, billable hours suck. Clients hate them and more often than not negotiate fat discounts. But people need to be given (objective) credit for their contributions.
@Trulymadlyme: but if this is really such a great (well, better) model, where are the women who have benefited from it? we haven't seen any appreciable change in female partnership over the last few decades since the billable hours went into affect.
i agree that discretion is the enemy. i'm in favor of associates (women especially) talking and talking loudly about what they make and the reasons they're given for any reduction in pay. but i don't believe billable hours have been any sort of solution for anyone except the most inefficient.
(1) Having children. No one would ever say this aloud at my old gig, but women get one, just, one maternity leave before extra time is added to the partner track (I mean, er, they are tossed off partner track). That's it.
(2) The free market system fucks everyone over due to the fact that many older male partners (and a surprisingly large number of female partners) will not give decent work to the female associate.
(3) The "Girl Friday" syndrome. This shit is the worst. The woman becomes the go to person for the partner. Handles everything. But when it comes to client involvement, the male partner runs the show and inevitably will hand his business to another male partner because his "Girl Friday" doesn't have enough client management experience. The new guy may shit can the woman after she spends a year or two training his guy or girl Friday to take the reigns. The income partnerships of the law firms are full of these women.
@Trulymadlyme: God, you are right on all three counts. There's a counsel at my firm who is basically one partners's bitch, she's never going anywhere. I'm scared of becoming one.
I have this awful sinking feeling in my stomach now.
Anyone hiring in-house? I gotta get out of this system. It's killing my soul. It's not changing anytime soon.
I have stories that I can't/won't tell because it's just too personal, but rest assured - this industry is crazy. The women that went before me - crazy - because they had to be to get ahead. And now, they see nothing wrong with it. I am not ready for that brand of crazy. It's like hazing.
That being said - I am well-paid for my misery. So I got that going for me, which is nice.
@WaltzingMatilda(theOriginal): That was the most shocking thing. The most close-minded, under the bus throwing folks oftentimes were women and minorities who survived the '80's. The message was simple I made it on my own, without any damn help. Don't expect anything from me. You're on your own.
There are many reasons I did not pursue a job in BigLaw - billables being one of them.
I have complete sympathy for the difficulties women in firms face, and several of my best friends have been toiling away in these sweatshops since law school. I completely love my job, and I love that it (so far) has felt comparatively secure. But when that monthly student loan bill comes, well, sorry, I just don't feel that bad for young associates. I'm in a legal field where women are not penalized for taking time off to have children, where the ability to work from home or part-time is often negotiated, and where I have never felt less respected for being female. But I get paid a hell of a lot less than if I worked in a firm.
I don't think BigLaw will change all that much. I'm not sure it really needs too. I think what needs to change is the law school mentality that you're only a "real" lawyer if you go to a firm and get rich quick. There's a ton of other options that can be satisfying for their own reasons.
@odinsraven: yep. I could not handle the big firm culture and the trade off is I bring home a lot less money but I'm comfortable with that. I'd rather be happy.
Having left the law firm world to work in-house I say absolutely yes. The billable hour model, as noted repeatedly above, has perverse incentives and can work to protect slow or even incompetent lawyers while essentially punishing those who work well and quickly.
Never mind that no human -- man or woman -- should be required to bill the way many law firms require.
Fewer women can get ahead in the model because kids take time, even if you have a nanny raise them, you have to give birth at some point.
My hubby and I have a VERY small firm, just the two of us and no employees. We do mainly family law and immigration for the Spanish-speaking community. I left a firm that used the ass-tastic billable hour model for promotions, etc. IT DOES NOT WORK. It makes attorneys pad their hours, or be punished for not putting forth enough effort. The attorneys who are rewarded are the ones who basically bring a cot and a toothbrush to work and live there, keeping impossible hours and never seeing their families.
I actually make MORE money working for myself. Every day is a workday, but I can take off for an appointment without incurring the wrath of some dickhead who spends his days having lunch with clients. However, my boss can be a real bitch...
Away with the billable hour! AND, the third year of law school should be an APPRENTICESHIP. We graduate not knowing a damned thing about actually practicing law.
@PilgrimSoul: oh the joys of working in an international workplace where you realize as an American lawyer you have attended at least 2 more years of school than everyone else, often more, have way more debt than anyone has even heard of, and have the same fucking degree at the end of it.
@J.D.Regent: @Never_Nude: fuck.yes, the third year is just a way to rake in bucks. it is in NO WAY necessary.
@Never_Nude: Including myself my firm has 6 employees total (included staff), I do mainly Respondent Property Tax Appeal right now and Petitioner is usually represented by a giant firm and their billing scale compared to ours is crazy. The client gets stuck paying for so much extra hours that contribute absolutely NOTHING to their case.
@J.D.Regent: Unless you go to a school where >50% of the class clerks and everything is still on a tight curve. No rest in that environment. Worked my arse off 3L year.
@J.D.Regent: and, incidentally, helps form the American lawyer consciousness: "even though this work is stupid, understimulating and does not further anyone's cause, I will work my fucking ass off because I am on an insane hamster wheel of 'achievement' which will not end until at some point I look around and realize I hate my work, and my whole life is work, and I don't know how to do anything else, and now no one else will have me because in order to fit in this profession I have also become a giant asshole."
09/16/09
09/16/09
09/16/09
1. No-one should earn this much. It's obscene, and can't be justified.
2. If we closed this pay-gap, we'd help what, 50 women at the top end of the tree? Fuck that. I want to help the billions of women (and men) who struggle with poverty.
3. A person earning that much won't get my help or sympathy for any reason, pay-gap or no. If you're earning 40m a year, you can't complain.
09/16/09
09/16/09
09/16/09
09/16/09
(This isn't a criticism of women who stay home. I just want it always to be a choice.)
09/16/09
09/16/09
09/16/09
09/16/09
And yet, there's extreme poverty not only around the world, but in right here in places like Appalachia.
Something is really out of whack.
09/16/09
09/16/09
And the gap at the top affects the gap lower on the ladder, like Anna says here:
Mason also writes that for women "the layers of missed opportunities, family obligations, and small and large slights build up over the years, slowing their career progress compared with men." These layers may be keeping women in the highest echelons from making the biggest bucks possible, but they have a proportionally higher impact on women lower down, for whom a promotion can mean much-needed money and job security.
I'm at once outraged by the exorbitant salaries these people are making, the abject poverty around the world and in the US, and by gender inequity.
09/16/09
09/16/09
Additionally, long term capital gains tax (which is any money that you earn after holding a stock for over a year and then selling) is outrageously small (15%, unless you're in a low income bracket).
Rich people who bitch about paying taxes are straight up stupid, because there are so many perfectly legal ways to get around it.
09/16/09
This whole thing is just so disgusting to me. I don't even know where to start.
09/16/09
09/16/09
09/16/09
09/16/09
09/16/09
09/16/09
09/16/09
09/16/09
09/16/09
I would like it if this showed how serious this is for the much lower rungs, but I don't know if it will. I myself am still stuck on the utterly exorbitant salaries on display. It's really hard to get past that.
04/29/09
04/28/09
Seems like this would be more supportive of a meritocracy, and increase competition, forcing do-nothing fatcats out. I'd think big firms' litigation teams that can't adapt or produce would begin to fragment into smaller boutiques, when the rock-stars can't get their margins.
04/28/09
Anyway, a few weeks ago the program was a recording of a panel discussion of four or five female state supreme court chief justices and most of them went to law school in the 70s. The theme of the discussion seemed to be "Ladies have it good now." But in their day, as one explained, it was not so unusual for a judge to hear argument in chambers and tell the female lawyer that he might hear her a little better if she sat on his lap.
Although that kind of stuff certianly wouldn't be acceptable today, if you look at the numbers, women are associates, not numbers. We might be 60% of today's granduating classes, and represent 50% of of BigLaw's associates (pulling numbers out of my ass here, but I think they're about right), but we're like 5% of BigLaw's partners. Something's wrong with that picture. And I don't think it's just because we're playing catch-up.
04/28/09
04/28/09
04/28/09
Law firms are notorious for not exactly telling the truth to its workers (See: Stealth layoff, paternity leave, which one takes at his own peril, and having more than one child before becoming partner).
As any big firm refugee will tell you, any discretion will almost always (save for that one, generally white male exception) screw everyone. Wages will go down, profits will go up (which is a win for the author of this article). Confusion, discretion, and a lack of a clear policy feeds into this. Also? This is the way people work for 20 years and find out they were categorically making less than men.
Yes, billable hours suck. Clients hate them and more often than not negotiate fat discounts. But people need to be given (objective) credit for their contributions.
04/28/09
i agree that discretion is the enemy. i'm in favor of associates (women especially) talking and talking loudly about what they make and the reasons they're given for any reduction in pay. but i don't believe billable hours have been any sort of solution for anyone except the most inefficient.
04/28/09
(1) Having children. No one would ever say this aloud at my old gig, but women get one, just, one maternity leave before extra time is added to the partner track (I mean, er, they are tossed off partner track). That's it.
(2) The free market system fucks everyone over due to the fact that many older male partners (and a surprisingly large number of female partners) will not give decent work to the female associate.
(3) The "Girl Friday" syndrome. This shit is the worst. The woman becomes the go to person for the partner. Handles everything. But when it comes to client involvement, the male partner runs the show and inevitably will hand his business to another male partner because his "Girl Friday" doesn't have enough client management experience. The new guy may shit can the woman after she spends a year or two training his guy or girl Friday to take the reigns. The income partnerships of the law firms are full of these women.
04/28/09
I have this awful sinking feeling in my stomach now.
04/28/09
I have stories that I can't/won't tell because it's just too personal, but rest assured - this industry is crazy. The women that went before me - crazy - because they had to be to get ahead. And now, they see nothing wrong with it. I am not ready for that brand of crazy. It's like hazing.
That being said - I am well-paid for my misery. So I got that going for me, which is nice.
04/28/09
04/28/09
04/28/09
I have complete sympathy for the difficulties women in firms face, and several of my best friends have been toiling away in these sweatshops since law school. I completely love my job, and I love that it (so far) has felt comparatively secure. But when that monthly student loan bill comes, well, sorry, I just don't feel that bad for young associates. I'm in a legal field where women are not penalized for taking time off to have children, where the ability to work from home or part-time is often negotiated, and where I have never felt less respected for being female. But I get paid a hell of a lot less than if I worked in a firm.
I don't think BigLaw will change all that much. I'm not sure it really needs too. I think what needs to change is the law school mentality that you're only a "real" lawyer if you go to a firm and get rich quick. There's a ton of other options that can be satisfying for their own reasons.
04/28/09
04/28/09
Never mind that no human -- man or woman -- should be required to bill the way many law firms require.
Fewer women can get ahead in the model because kids take time, even if you have a nanny raise them, you have to give birth at some point.
04/28/09
I actually make MORE money working for myself. Every day is a workday, but I can take off for an appointment without incurring the wrath of some dickhead who spends his days having lunch with clients. However, my boss can be a real bitch...
Away with the billable hour! AND, the third year of law school should be an APPRENTICESHIP. We graduate not knowing a damned thing about actually practicing law.
I won't hold my breath...
04/28/09
04/28/09
04/28/09
04/28/09
Except when you can't get a non-BIGLAW job to save your life.
04/28/09
04/28/09
@Never_Nude: Including myself my firm has 6 employees total (included staff), I do mainly Respondent Property Tax Appeal right now and Petitioner is usually represented by a giant firm and their billing scale compared to ours is crazy. The client gets stuck paying for so much extra hours that contribute absolutely NOTHING to their case.
04/28/09
04/28/09
04/28/09
04/28/09
04/28/09