Focus on Corporate Sponsors – Interview with Latham & Watkins
domenica, novembre 1st, 2009By Hema Mali
The legal profession is probably one of those sectors that let’s say isn’t the easiest to make headway for the gentle sex. There are diverse practice areas, and many women do enter the profession, however what happens next is a little disturbing and deserves some attention.
Let’s take a look at the statistics in the US regarding women in the legal field (naturally take into account a considerable reduction when comparing it to Italy). 42% women leave the profession mid-career, 16% women are equity partners however our honourable corporate sponsor, Latham & Watkins boasts 17% of women equity partners (in the US).
This has been possible due to several initiatives launched by the firm like WEB, or Women Enriching Business which promotes women in business by creating broader networks and mentoring amongst other activities and the PRO RATA program giving associates returning from parental leave an option to work a reduced pace without seeking prior approval, which incidentally was recognised by Working Mother magazine and Flex-Time Lawyers as a “2009 Best Law Firm for Women.” (What it fails to mention is whether the same women can continue up the corporate ladder.)
Fantastic, however, one of my greatest perplexities before visiting Latham in Milan to interview PWA corporate sponsor was whether the facts were a phenomenon to the US or whether it was also reflected in Italy. In Italy, there are 13 female lawyers out of a pool of 40. On the other hand, there is only one female partner out of 9. Ok, so some discrepancies but always room for improvement. Next, did the firm make the generous provisions that the American counterpart boasted?
The first impression was rather pleasant. One has stereotypical images of the ball-busting successful female professional. The reality was somewhat different. I was met by two very charming women – Isabella Porchia and Maria Cristina Storchi – No doubt they have additional characteristics when engaged in business.
The so called female “avvocati d’affari” generally associated to the highest fee-earners, in Italy is a rare phenomenon with such a privilege bestowed to men. The typical deals made at the dinner table which female presence tend to be omitted especially if they are deemed to have a family commitment. Indeed small wonder that women even follow this practice area given the hours one is required to work on proposals. Thus only the most determined women will continue this direction and generally those that are willing to give up a family life or at least have supporting partners.
It is likely that this is a global challenge that many women have to face. Some geographical locations tend to make this choice easier than others. This is where the Mediterranean culture takes over. Our interviewees in fact are successful but at a price. Despite the understanding of colleagues and flexibility offered by Lathams, the real problem lies within the Client, and this is not an attitude that can be controlled or managed by the firm.
Herein lies the capability of the lawyer to overcome the resistance and prejudices of the Client towards a female advisor and ensuring her availability and naturally you must be prepared to work doubly hard to prove yourself. Once the impasse has been overcome, the Client tends to be more congenial. The problem therefore appears to be cultural and mental which is not so easy to change. Our corporate sponsors would be interested in understanding from other sectors how this problem has been dealt with and learning more about the workings behind female aggression in the meeting room.
One way in which Latham’s has tackled such an issue is to organise neutral events like charity fundraising and exhibitions in which partners and clients can meet at an acceptable time and discuss neutral topics giving the possibility to humanise both parties.
Finally, they have become corporate sponsors of one of Milan’s up and coming female networks. Welcome on Board Latham & Watkins.



































