Controversy surrounds the selection of women and men for partnerships
in law firms. Two structural theories explain the greater success of m
en in achieving partnership. Human capital theory emphasizes investmen
t choices and productivity; gender stratification theory highlights in
stitutional constraints and bias. We incorporate Bourdieu's (1984) cul
tural capital perspective, which emphasizes bath tangible structural s
ources of social capital and less tangible cultural resources and disp
ositions, We find that measures of social capital and cultural disposi
tions favorable to a firm's monetary goals explain some of the prefere
nce given to men in partnership decisions. Even with these differences
controlled, however, women have poorer prospects for partnership. We
also consider whether there is a ''kind of woman lawyer,'' one with ex
ceptional structural and cultural characteristics, that is given prefe
rence relative to other women. While men are valued for traditional co
rporate family images, women. are rewarded for breaking convention in
giving priority to work outside the home, bringing in corporate client
s, and endorsing the goats of the law-firm culture.