“No surprise” – significant gender pay gap reported at UK law firms with highly rated trademark practices

Reports World Trademark Review. 

Here at  PS we spent sometime researching TM firms for a client last year and we found a much higher %age of women working in the space.

So.. if we can say there’s degrees of worse.. we find this set of stats particularly appalling considering  men appear to play a much smaller role in TM practices than women.

Here’s the introduction to their piece

Information collated by World Trademark Review can reveal that UK law firms with highly ranked trademark practices pay women a median hourly rate that is, on average, 28.7% lower than male colleagues. This gender pay gap is significantly higher than the UK national average of 18.4%, with one industry expert reflecting that there is “much work still to be done” to tackle inequality in the legal industry.

All companies in the United Kingdom with more than 250 employees are now required to report their gender pay gap. The publicly-released data, the first of its kind of the world, reveals the difference between the average hourly earnings of men and women across just over 10,000 public bodies and private companies. The Guardian has looked at the total data reported, and notes that eight in 10 companies and public-sector bodies pay men more than women, with an average 9.7% median gender pay gap (the median hourly rate gender pay gap of all employees in the UK is 18.4%).

To get an idea of how UK law firms with highly rated trademark practices compare to the average, World Trademark Review collated the gender pay gap data from the UK firms ranked in this year’s WTR 1000.

Overall, the data from the 27 firms we examined (some of the WTR 1000 ranked firms were not required to report) reveals a 28.7% median gender hourly pay gap and a 19.7% mean gender hourly pay gap. That figure is higher than the national average – in fact, just one firm (DLA Piper) had a median gender pay gap below the national average. To clarify, the available information does not drill down into particular practice areas, so our findings present the firm-wide picture rather than disparity amongst trademark practitioners.

More at http://www.worldtrademarkreview.com/blog/detail.aspx?g=1c05d469-5bbd-4edd-8921-c67dcb9102ad