Gender Pay Gap Narrows Slightly at U.K.'s Magic Circle Firms

Although top U.K. law firms as a whole have narrowed their gender pay gaps, statistics show that men still dominate the highest-paying jobs.

Two years after enactment of new reporting regulations, a Bloomberg Law analysis of figures reported by the five Magic Circle firms found that on average across those businesses, women’s median hourly wages were 29.7 percent lower than men’s in 2018.

That’s better than 2017, when women’s median hourly wages at Magic Circle firms were 31.1 percent lower than men’s. Magic Circle firms include Allen & Overy, Clifford Chance, Freshfields, Linklaters, and Slaughter & May.

The top law ...