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Law Society Group 2020 gender pay gap report
The Law Society Group (the Group) today published its gender pay gap report for 2020.
The report details the combined results of the Law Society of England and Wales and Solicitors Regulation Authority (SRA), which are one legal entity but operate independently.
Our 2020 median pay gap between women and men is 11.8%, which is lower than the current UK median pay gap of 15.5% (Office of National Statistics 2020*). The mean Group pay gap between women and men is 13%.
The 2020 Group median bonus gap is 5.6% – with a mean bonus gap of 24.1%.
A Law Society Group spokesperson said: “As a Group, the increase in the median pay gap from last year is predominantly caused by a shift in percentage between female and male in the lower middle quartile.
“There are different bonus schemes operating throughout the Law Society Group. Variation in bonus percentage and a small number of outliers have contributed to an increase in the bonus gap, albeit the gender balance of staff across the Group receiving a bonus has improved.
“Around 62% of the Law Society Group workforce is female including many managers in the upper quartile.
“There is still much more to be done. The Law Society and SRA have targeted action plans in place to address this challenge and the Group is committed to being a fully inclusive workplace.”
Notes to editors
*According to the Office of National Statistics, the 2020 UK median pay gap was 15.5%. View the research
Within the Law Society Group there are two organisations which are one legal entity but operate independently: the Law Society of England and Wales, the professional body for solicitors, and the Solicitors Regulation Authority (SRA), the regulator of solicitors and law firms in England and Wales.
The Law Society Group report is based on hourly rates of pay during the monthly pay period ending on 25 April 2020, bonuses paid in the year up to 5 April 2020 and includes full-and part-time workers.
About the Law Society
The Law Society is the independent professional body that works globally to support and represent solicitors, promoting the highest professional standards, the public interest and the rule of law.
About the SRA
The SRA is the regulator of solicitors and law firms in England and Wales, protecting consumers and supporting the rule of law and the administration of justice. The SRA does this by overseeing all education and training requirements necessary to practise as a solicitor, licensing individuals and firms to practise, setting the standards of the profession and regulating and enforcing compliance against these standards. Further information is available at sra.org.uk.
Press office contact: Harriet Beaumont | 020 8049 3854