Some of the largest companies in the U.S. are failing to develop thoughtful general counsel succession plans and are holding diverse candidates to a higher bar than their white male counterparts must clear, according to a new report from management consulting firm Russell Reynolds Associates.

Diversity progress at the GC level for Fortune 500 companies has been relatively glacial in recent years. Gender and ethnic diversity for GC appointments averaged 42% and 20% from 2017 to 2020, respectively. In 2020, 45% of the GC hires were women, and 22% were ethnically diverse, according to RRA’s report

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]