The Women in Law Empowerment Forum (WILEF) has awarded Shearman & Sterling its third Gold Standard Certification, in recognition of the firm’s commitment to integrating women into leadership roles.
The WILEF Gold Standard status is granted to major law firms that meet objective criteria as it relates to the number of women among equity partners, in firm leadership positions and in the ranks of their most highly compensated partners.
Firms must meet at least four of the following seven criteria to be awarded this certification:
Shearman & Sterling is particularly proud to be awarded the 2017 award, as the firm was one of only seven law firms to meet all seven of the certification criteria.
Law firms with 300 or more practicing lawyers in the United States are eligible for 2017 WILEF Gold Standard Certification if they successfully demonstrate that women represent a meaningful percentage of their equity partners, of their highest leadership positions, of their governance and compensation committees, of their most highly compensated partners and that there be meaningful diversity among their women partners.
“Our WILEF Gold Standard status demonstrates the firm’s continued progress and commitment to promoting and retaining its exceptional female talent. Shearman & Sterling is proud to be acknowledged as a leading law firm in this effort,” said partner Doreen Lilienfeld (New York- Compensation, Governance & ERISA), a WILEF Advisory Board member.