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2020 MCCA Fortune 1000 GC Survey

 
MCCA is proud to present the 20th edition of our annual General Counsel Survey where we track and analyze representation of women and historically underrepresented racial/ethnic General Counsel (GCs) in the Fortune 1000. In this report, underrepresented racial/ethnic group is defined as African American/Black, Asian American/Pacific Islander, Hispanic/Latinx, Native American/Indigenous, and Multiracial.
*Information on female GCs was not reported in 1999, 2001, or 2003. F501-1000 data was not reported before 2004.
*F501-1000 data was not reported before 2004.
MCCA’s 2020 Fortune 1000 General Counsel Survey depicts a story of slow but positive progression towards equal representation in high level GC positions. More women than ever before have risen to the position of GC. The same holds true for historically underrepresented racial/ethnic groups, however at a reduced rate.

Although, we see a positive increase in representation of women and underrepresented racial/ethnic GCs, the profession overall has missed opportunities for change. “Opportunity for Change” is defined in this report as: (1) there was a change in General Counsel from the subsequent year and (2) the General Counsel in question was not already the predefined race or ethnicity where change is trying to be deduced.

The 2020 Fortune 1000 GCs statistics portrays a story of positive progress but missed opportunities. For those companies where change occurred, females had 177 opportunities based off recent vacancies to enter the Fortune 1000 as GCs. Thirty-three percent, or 58 GCs, of those positions were filled by women. Underrepresented racial/ethnic groups were presented with 198 opportunities to fill the position of GC. In 2019, fourteen percent, or 27 GCs, were filled by underrepresented racial/ethnic GCs.

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