Balancing act at Baker & McKenzie
Legal Week reports that the move comes as the Chicago-founded firm aims to increase its 15 per cent female equity partnership to 30 per cent.
The main changes to the model will see less emphasis put upon the billable hours approach, which has hampered the progression of working mothers.
According to the report, a host of other non-billable contributions, including involvement in client and practice development, team building, promotion of firm culture and values, profile-raising and leadership will play a greater role in promotion s.
Bakers London partner and executive committee member Beatriz Araujo said that the firm has a long history of women in leadership positions, but believes that the firm ‘must go further’. He said: ‘We have implemented a wide range of programmes to encourage the retention and promotion of women within our firm and to ensure that more women assume leadership positions.'