What if it were possible to have a career where you moved seamlessly from work to life and back to work again, all while living in integrity with who you are? What would it be like to be fully engaged while at work, while being keenly present at home, all without worrying about the “hit” your career might take? If you had this life, how would your health, work, and relationships evolve?
Unfortunately, at this current moment in time, our world does not support this vision … yet. But it’s changing. LeanIn.org and McKinsey & Company just released their “2022 Women in the Workforce” report, which showed that “women leaders — already underrepresented in corporate settings — are switching jobs at the highest rate in years, significantly more than men in leadership. They’re ditching their companies for ones with more opportunities, flexibility, and commitment to inclusion.”
I don’t know about you, but I didn’t need this report to tell me what I’ve seen for decades — women in corporate America, including Biglaw, are fed up operating in an entrenched and broken system that has been built by white men. The McKinsey report has the data to back this up.
So, what are we going to do about it?
The McKinsey report includes an excellent roadmap of what companies can do to combat this problem. I want to focus on what you can do to create exactly the life you desire and deserve.
Based on my experience working in Biglaw and coaching women executives, we have three options. First, do nothing. Second, stay and change the DNA of the organization. Or, third, leave and create our own business that leverages, values, promotes, and utilizes the strengths of women.
Maintain The Status Quo
For generations, women have been working in accordance with other peoples’ expectations of how they should behave — and by that I mean white men. Here’s what we have to show for it: Women are 32% more likely to experience burnout compared to men and twice as likely to be diagnosed with depression. The leading cause of death for women is heart disease, 45% of women aged 20 and over have hypertension, and 41% are obese. And despite making up 45% of entering associate ranks, women only comprise 18% to 31% of partnership roles.
Anecdotally, here’s what I hear from my clients.
“I’ve lost my joy.”
“My health is suffering.”
“The money isn’t worth it.”
“I’m falling deeper into the crevices, and I can’t pull myself out.”
“I don’t have the same level of ambition as I did early in my career, and I hate myself for it.”
“I can’t ‘cut it’ and feel like a failure.”
“I’m ashamed.”
If we do nothing, at best, many of us are in a state of languishing, where we aren’t depressed but we’re not flourishing either. At worst, we are killing ourselves physically, emotionally, and spiritually.
Change The DNA
With the accelerated flight of women from traditional corporate settings and Gen Z’s refusal to participate in toxic and dysfunctional cultures, now is the time to influence real change within our current organizations.
Here are three ways we can do this.
Leave And Create A New Economy
If staying feels too onerous, like an uphill battle that will take generations, then leave and create a business that’s fueled by your values, without having to give up income, ambition, or family relationships.
I know this sounds scary and unrealistic, especially for the typical risk-averse attorney, and there are endless objections. But what’s the price of not taking action?
Here’s how to get started.
Women lawyers are in a pivotal moment of power. What would Biglaw look like if we chose to change the DNA or simply left?
Let’s take inspiration from our corporate counterparts and the Great Break-Up and say, “no, thank you” (or something stronger) to the white-shoe law firm of yore.
It’s time to take back what we’ve allowed others to control. Will you join me?