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Diversity Taskforce: smashing the class ceiling

07 December 2022
Categories: Legal News , Profession , Diversity , Equality
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50% of senior leaders in the financial and professional services sector should come from a non-professional background by 2030, the City of London’s Socio-Economic Diversity Taskforce has urged in its final report.

Welcoming the report, published last week, Lubna Shuja, president of the Law Society, said: ‘Where you start in life should not determine where you end up.’

The Taskforce has set out a five-point pathway to boost social mobility: assigning accountability to senior leaders; collecting data on employee backgrounds within the next two years; taking action to increase diversity at senior levels and monitoring what works; setting goals; and publishing data.

Shuja said: ‘The legal sector is leading on diversity data collection, including socio-economic background, as this is mandatory for law firms.

‘We know there is already great work underway to remove barriers to entry and progression for solicitors from non-professional backgrounds. Our focus will be on supporting firms to set their own goals for success and publishing their data in the coming years.’

MOVERS & SHAKERS

Gilson Gray—Paul Madden

Gilson Gray—Paul Madden

Partner appointed to head international insolvency and dispute resolution for England

Brachers—Gill Turner Tucker

Brachers—Gill Turner Tucker

Kent firm expands regional footprint through strategic acquisition

Quinn Emanuel Urquhart & Sullivan—William Charles

Quinn Emanuel Urquhart & Sullivan—William Charles

Financial disputes and investigations specialist joins as partner in London

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