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An Economic Analysis Of The Market For Law School Students, Ronald G. Ehrenberg
An Economic Analysis Of The Market For Law School Students, Ronald G. Ehrenberg
Ronald G. Ehrenberg
This study utilizes data from a number of sources to estimate how lawyers' starting salaries relate to their ability, the quality of law school they attended, and whether the law school was a private institution. Based upon this analysis, a benefit—cost analysis is conducted of the value of attending a high-quality private institution. Analyses are also done of how the financial attractiveness of law vis-a-vis other careers has changed in recent years and a conceptual framework discussed for law schools to use in allocating their financial aid resources.
Unequal Progress: The Annual Report On The Economic Status Of The Profession 2002-03, Ronald Ehrenberg
Unequal Progress: The Annual Report On The Economic Status Of The Profession 2002-03, Ronald Ehrenberg
Ronald G. Ehrenberg
[Excerpt] Most colleges and universities adopted budgets for the 2002-03 academic year in the spring and early summer of 2002. At that time, a pessimist might have cited several factors – negative rates of return from institutional endowments, a rising unemployment rate, an economic recession, and large increases in college and university enrollments, for example - to predict that faculty members would not see their earnings increase substantially in real terms in the coming year. The good news is that, overall and on average, the pessimists' worst fears proved incorrect. The bad news is that the overall aver-ages don't tell …