Business advisers said firms that fail to improve gender diversity risk becoming “out of step with the modern world” and will be in danger of “being overtaken” by competitors with more female leaders.
The report, by the London business advisory group Skarbek Associates, warns that attitudes and “organisational culture” are still hindering female progression to the top with women accounting for fewer than one in five of full equity partners at the City’s top 10 law firms.
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