This stunning statement piece is a must-have for every classy Iota woman. The Iota Phi Lambda Greek letters are outlined in pearls. The necklace hangs 12 inches from neck and does not have a traditional clasp. The strand of pearls hanging from the lower right of the Greek letter Lambda has a lobster claw clasp attached to the end that can be attached anywhere along the strands to adjust how the necklace hangs.