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Should I Stay or Should I Go? Gender Gaps in the Lateral Market for SEC Lawyers

52 Pages Posted: 8 Jul 2015 Last revised: 12 Dec 2017

Stephen J. Choi

New York University School of Law

G. Mitu Gulati

Duke University School of Law

Adam C. Pritchard

University of Michigan Law School

Date Written: December 11, 2017

Abstract

This article examines the gender gap in the lateral market for government lawyers. Using data on lawyers from the Enforcement Division of the Securities and Exchange Commission (SEC), from 2004 to 2016, we find the following: First, gender gaps in pay and promotion appear to be minimal. Second, and confounding the first finding, we find significant gaps in assignments, with men receiving the more challenging and career-enhancing projects. Third, men are more likely than women to move laterally; and when they do, are more likely than the women to move to lucrative private sector jobs.

Keywords: SEC Enforcement; lawyers; gender

JEL Classification: J44, K22

Suggested Citation

Choi, Stephen J. and Gulati, G. Mitu and Pritchard, Adam C., Should I Stay or Should I Go? Gender Gaps in the Lateral Market for SEC Lawyers (December 11, 2017). NYU Law and Economics Research Paper No. 17-07; U of Michigan Law & Econ Research Paper No. 16-036. Available at SSRN: https://ssrn.com/abstract=2627758 or http://dx.doi.org/10.2139/ssrn.2627758

Stephen Choi

New York University School of Law ( email )

40 Washington Square South
New York, NY 10012-1099
United States

Gaurang Gulati

Duke University School of Law ( email )

210 Science Drive
Box 90362
Durham, NC 27708
United States

Adam Pritchard (Contact Author)

University of Michigan Law School ( email )

625 South State Street
Ann Arbor, MI 48109-1215
United States
734-647-4048 (Phone)
734-647-7349 (Fax)

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