Partner Doreen Lilienfeld (New York-Compensation, Governance & ERISA), was quoted by Directors & Boards about the impact of California’s legislation on board composition. Doreen notes a “slow, but steady change” in boardrooms after the law mandating that every public company in the state have at least one female director came into effect. “If you do have a board and the board is well-functioning, you aren’t going to throw out the baby with the bathwater to re-engineer your board,” she says. “People are not just breaking eggs to make an omelet. Shareholders and the companies are being mindful when there are organic spots to fill.”

Read First California Reports of “Women on Boards” Numbers