WASHINGTON—The Women in Law Empowerment Forum (WILEF) has named Covington to its Gold Standard Certification list. This is the fifth year in which the firm has been recognized on the list.
WILEF grants Gold Standard certification to major law firms that meet objective criteria concerning the number of women equity partners, in firm leadership positions, and in the ranks of their most highly compensated partners. This means Gold Standard firms have 20 percent or more female equity partners and that 33 percent of the lawyers becoming equity partners in the last 12 months were women.
Firms also had to meet at least three of the following:
- 15% of firm and U.S. branch office heads are women
- 20% of the firm’s primary governance committee are women
- 20% of the firm’s compensation committee (or its equivalent) are women
- 15% of the top half of the firm’s equity partners, in terms of compensation, are women
- 7% of women equity partners are women of color, or 3.5% of women equity partners are LGBTQ.
WILEF is the premier organization for women in law exclusively dedicated to women from the largest law firms and corporate law departments in the United States, United Kingdom, and France. The organization’s vision is to create a dialogue for the purpose of educating women in law on how to become leaders in the workplace and in the community by building, exercising, and implementing a strong sense of empowerment.
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