Welcome to the Femmeonomics (http://femmeonomics.com) news in review, all the news professional women need to know, with a little bit of attitude.

In what's being hailed as a breakthrough for women, Christine Lagarde, a French national and former minister of finance, will take the top job at the IMF. The French parliament honored her with a standing ovation.

As you all already know, the position was recently vacated by Dominique Strauss-Kahn, who remains under house arrest in New York, where he has been charged with sexual assault. A revised biography of the former IMF chief will be released on Thursday. According to the New York Times, the revision can be seen as an attempt to bolster his defense. DSK's next court date is July 18.

In Germany, women are noticeable absent from the workforce, according to a special report by the New York Times. Despite recent government measures, a female Chancellor and an ongoing debate about gender roles, only 14 percent of German mothers with one child resume full-time work, and only 6 percent of those with two. This is largely due to cultural norms.

And exclusively on Femmeonomics, did you give away your right to a jury without realizing it when you accepted your current job? New York attorney Piper Hoffman warns that many companies force employees to sign arbitration agreements, which can have devastating consequences.

For all the latest news, insight and opinion professional women need to know, join us on Facebook or Twitter.