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07 December 2022
Categories: Legal News , Profession , Diversity , Equality
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Diversity Taskforce: smashing the class ceiling

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

Shakespeare Martineau—Marie Bourke

Shakespeare Martineau—Marie Bourke

Shakespeare Martineau strengthens Sheffield regulatory practice with new hires

Sackers—Louise McRae & Annabella Hwang

Sackers—Louise McRae & Annabella Hwang

Sackers recruits new associates

McHale & Co—Shaun Little & Patrick Byrne

McHale & Co—Shaun Little & Patrick Byrne

Firm bolsters senior team with head of corporate and head of employment

NEWS
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A sprawling Intellectual Property Office battle between House of Fraser and Frasers Property has delivered a masterclass in modern trade mark law
Courts in England and Wales and Singapore are increasingly confronting complex disputes over international child relocation as families become more globally mobile
The government’s long-awaited family law reform consultation could mark a turning point for domestic abuse victims navigating financial remedy proceedings, but significant challenges remain
A new commercial court pilot giving the public access to documents used in hearings, including expert reports, is raising difficult questions about transparency and privacy
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