The University of Maryland Francis King Carey School of Law’s Women, Leadership, and Equality (WLE) Program held a panel discussion and networking event at the Washington, DC offices of Latham and Watkins.
Sol & Carlyn Hubert Professor of Law, Paula Monopoli, welcomed Maryland Carey Law Distinguished Visiting Professor, Sarah Bloom Raskin, along with alumnae Miriam Fisher ’85 and Tamika Tremaglio ’95 to discuss the challenges that women lawyers face and the effects those challenges have on the opportunities of women to rise to leadership positions.
The National Association of Women Lawyer’s 2017 Annual Survey Report shows the gender disparities that are present in law firms. The report states, “Despite being hired in nearly equal numbers as men at the associate level, women are the minority of both equity (19%) and non-equity (30%) partners.” The report continues, “The gender pay gap persists across all levels of attorneys, with men out-earning women from associates to equity partners. Women earn 90-94% of what men in the same position earn.”
To combat those disparities, the panelists had some general advice for the audience. They agreed that good work is an essential component of success, but it is not sufficient. Young lawyers, they exhort, should embrace opportunities wherever they arise and take calculated risks to advance themselves and their careers. Each panelist recounted her journey to her leadership positions, and, for each, it was not a linear path.
Tamika Tremaglio, Greater Washington Management Principal at Deloitte, emphasized how critical it is to work on one’s own “brand.” In a similar vein, Miriam Fisher, Partner at Latham and Watkins, stressed the importance of self-advocacy skills as a young woman lawyer.
Sarah Bloom Raskin, former Deputy Secretary of the United States Treasury, encouraged the audience to look for career opportunities that will allow them to be the sole decision maker. That skill, she added, is essential to developing as a leader.
The event was co-sponsored by Latham & Watkin’s women's initiative, Women Enriching Business.