The number of women general counsel at Fortune 500 companies doubled from 1999 to 2008, according to a new survey published by the Minority Corporate Counsel Association. The study adds to a growing pile of data finding a correlation between businesses that do well and the number of women and minorities at the highest rank of leadership. But do these studies really create any momentum for change?
This report used public documents to count heads at Fortune 500 companies and found there were 44 women general counsel in 1999, 75 by 2005, and 92 by 2008. An additional 23 were added since 2009. But overall, only 21 percent of general counsel are women or minorities.
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