Richter is focused on growth, profitability and development of top talent to ensure its long-term sustainability. The WIL initiative supports this sustainability through targeted efforts aimed at the attraction, retention and advancement of women.
In support of our mission statement, our goal is to increase the visibility and advancement of professional women within our firm. Our vision is for women and men in our organization to have an equal presence, impact and influence at all levels.
How We Got Here
Starting in 2010, we went through a process of many internal and external consultations, discussions, surveys and focus groups. We learned that businesses with diverse leadership are stronger and more likely to attain their goals. For our firm to fully benefit from the advantages of diversity, an initiative was needed to actively promote the advancement of women to leadership positions. Women currently represent a signification proportion of all levels within the firm except at the leadership level (partner and principal). It is our responsibility to retain, nurture and promote the incredible talent within our firm and to make our firm stronger and more likely to succeed in its business strategies.
We have set a very ambitious target of 30% women partner representation in 2020. We are committed to working hard to achieve our target.
Our Three Pillar Strategy
The critical success factors in achieving our goals focus on three pillars:
1. Visibility of Female Leaders: Increase visibility of our women leaders within the organization and within the marketplace.
2. Career Advocacy: Provide developmental career opportunities and support.
3. Career-Life Integration: Develop and implement customized career and life strategies and solutions.
Through learning, business development and advocacy programs and policy review, we are committed to support these critical factors.