Fried, Frank, Harris, Shriver & Jacobson LLP announced today that it has been recognized as one of the best law firms for women by the National Association for Female Executives (NAFE)and Flex-Time Lawyers in partnership with Working Mother magazine, marking the fourth consecutive time the Firm has been named to the list. The survey identifies the 50 law firms which best support female lawyers through work-life balance initiatives and women-friendly policies and offer new standards to retain and promote top female legal talent.
Based on a national survey developed by Working Mother magazine and Flex-Time Lawyers, the 2011 list takes into account a number of factors, including workplace profile; family-friendly benefits and policies; flexibility; leadership, compensation and advancement of women; and development and retention of women.
As one of only a handful of Am Law 100 firms chaired by a woman, Fried Frank scored particularly highly in the category addressing women in leadership positions. The Firm also received high marks for its commitment to developing and retaining female attorneys. The survey's release comes in the weeks following Fried Frank's announcement that 50 percent of its 2011 class of elected partners are women, as well as the Firm's recent announcement of the lateral recruitment of two prominent female attorneys. In June 2011, Fried Frank was also one of only 32 law firms to earn the inaugural Gold Standard Certification from the Women in Law Empowerment Forum (WILEF) based on the career success of its female partners.
Valerie Ford Jacob, Fried Frank's Chairperson and head of the Firm's globally ranked capital markets practice group, said, "Fried Frank is pleased to be recognized for its continued commitment to fostering an environment that promotes equal opportunity for all women."
"Working mothers find Fried Frank to be an especially supportive environment that allows them to meet their personal and professional aspirations," reports Working Mother in its analysis of the survey's results. The editorial notes that 19% of Fried Frank partners are women, compared to 15% nationwide, and lauds the Firm's thriving Women's Forum, an initiative that presents programming to promote the professional goals of female attorneys, including quarterly partner and female associate roundtable discussions and the Women-to-Women attorney and client mentoring and networking event.Fried Frank will be honored for this achievement on September 21, 2011, at a special awards ceremony in New York City.