Leading insurance and commercial risk law firm, BLM has now published its 2018 Gender Pay Gap overview. Click here to download the report, which reflects the required reporting details, including statistics for the firm's pay and bonus gap, proportionality of male and female employees, as well as an overview of the approach we take to the wellbeing of all our employees.
BLM senior partner, Matthew Harrington, said: “We recognise that some of the differences in our gender pay gap may be the result of legacy and choices around working style and we are taking steps to reduce any discrepancy, working with our colleagues to eliminate these over the longer term. Our aim is to rebalance the gender gap across the board, with a focus on the lower quartile where women are paid 7.4% more than men, and the upper quartile where men are paid 10.9% more than women.
“To narrow any gender pay gap we will continue to encourage both agile and flexible working opportunities, and promote our family-friendly policies which support our employees nationally to create a good work-life balance, as well as help to shape an open culture across BLM.
“Collectively, our Executive Board, Operations Board and Partnership Board are made up 40% women. We consider it important to review diversity and equality affecting colleagues at all levels, including equity partners. Succession planning is a major consideration for BLM and we genuinely believe it is important to promote women into leadership positions. Our message to those at all levels in the business is that there are no glass ceilings to career development, irrespective of gender.”