General Electric Co. enjoyed a reputation as an incubator for successful future general counsel during the past 40 years–that is until one of its own filed a gender discrimination suit against the company in May.
In the $500 million slap-in-the-face class action suit, Lorene Schaefer, GC of the company’s transportation division, alleges GE doesn’t pay female executives as much as their male counterparts and that the company failed to promote women at the same rate it promoted men from a lower level to senior executive and officer levels.
