
Oy! as my beloved would say. This just in from ALM Research on 2007 National Billing Rates and Practices (.pdf executive summary here).
Is this because Women Don't Negotiate?
By neglecting to negotiate her starting salary for her first job, a woman may sacrifice over half a million dollars in lost earnings by the end of her career.
It appears not to be a result of any pink legal ghetto. Here's the news:
As for billing rates, perhaps the most significant trend uncovered by the ALM Research Survey of Billing Rates and Practices was that female attorneys, on average, tend to bill at lower hourly rates than male attorneys, regardless of firm size, years in practice, geography, and—with a few exceptions—practice area.
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