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"Continuing to make sure that everyone's given a seat at the table is really important."Along similar lines, the report found that while the proportion of partners who identify as female has increased from 15% to 24% in the last eight years, female partners earned an average of 35% less than male partners in 2018 — down 11 percentage points from the gap in 2010.Average compensation for male partners in 2018 clocked in at $959,000, whereas that for female partners was just $627,000.Male partners' compensation levels are increasing at a substantially faster rate than female partners', thus leading to this widening gap, per the MLA report.This difference is only exacerbated when you factor in the gap between how much equity partners make versus non-equity partners.Equity partners, who own a share of the firm, reported 67% higher average pay than non-equity partners, and their compensation is growing nearly four times faster than that of their non-equity counterparts.Read more: Davis Polk just abandoned its strict lockstep pay model.
As said here by Yoonji Han