March 11, 2014
The attrition rates of female lawyers are "phenomenal," according to Crain's Chicago Business.
Women are often choosing to leave large firms in order to work for smaller operations, or for government, universities, or as in-house counsel at businesses. The National Association for Law Placement says that 55 percent of women have left their firms three years.
Barat S. McClain, a partner at Much Shelist Freed Denenberg Ament & Rubenstein in Chicago, says that it's not that women don't like the work. "They find it intellectually challenging. But they look ahead at people who are 10 years or 15 years ahead of them on the professional ladder, and they say, 'I don't want this. I don't want to work until midnight.'"
To combat the problem, some companies are offering reduced schedules, mentoring programs and are trying to make sure that women don't miss out on plum assignments and informal networking opportunities.