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07 December 2022
Categories: Legal News , Profession , Diversity , Equality
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Diversity Taskforce: smashing the class ceiling

50% of senior leaders in the financial and professional services sector should come from a non-professional background by 2030, the City of London’s Socio-Economic Diversity Taskforce has urged in its final report.

Welcoming the report, published last week, Lubna Shuja, president of the Law Society, said: ‘Where you start in life should not determine where you end up.’

The Taskforce has set out a five-point pathway to boost social mobility: assigning accountability to senior leaders; collecting data on employee backgrounds within the next two years; taking action to increase diversity at senior levels and monitoring what works; setting goals; and publishing data.

Shuja said: ‘The legal sector is leading on diversity data collection, including socio-economic background, as this is mandatory for law firms.

‘We know there is already great work underway to remove barriers to entry and progression for solicitors from non-professional backgrounds. Our focus will be on supporting firms to set their own goals for success and publishing their data in the coming years.’

MOVERS & SHAKERS

Hogan Lovells—Lisa Quelch

Hogan Lovells—Lisa Quelch

Partner hire strengthens global infrastructure and energy financing practice

Sherrards—Jan Kunstyr

Sherrards—Jan Kunstyr

Legal director bolsters international expertise in dispute resolution team

Muckle LLP—Stacey Brown

Muckle LLP—Stacey Brown

Corporate governance and company law specialist joins the team

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