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Full-Text Articles in Law

Competing For Talent: Large Firms And Startup Growth, James Bessen, Felix Poege, Ronja Röttger Dec 2023

Competing For Talent: Large Firms And Startup Growth, James Bessen, Felix Poege, Ronja Röttger

Faculty Scholarship

This paper explores the impact of large firms’ hiring in local labor markets on the salaries offered by startups and on startup growth and performance. We analyze firm data matched to help-wanted ads and find strong evidence of “crowding out.” A standard deviation increase in the share of ads posted by large firms raises startup pay offers by 5-10% for critical managerial, STEM, and sales jobs, and it reduces expected startup growth by 36%. Crowding is diminished by employee mobility and by spillovers to startups in closely related businesses. It is increased by big firm markups, which may have a …


Academic Law Librarians Are Paid 47% Less Than Their Faculty Counterparts, Olivia Smith Schlinck Feb 2022

Academic Law Librarians Are Paid 47% Less Than Their Faculty Counterparts, Olivia Smith Schlinck

Library Staff Online Publications

In December Joe Fore, the co-director of the Legal Writing program at the University of Virginia School of Law, posted to Twitter a thread comparing tenure track and legal writing salaries. In comparing four public schools, he discovered that the average starting salary for a tenure track professor was $173,000 while the average salary for all legal writing faculty was $111,000. A few academic law librarians saw the tweet and replied that someone should do the same for law librarians, too.


The Blue Devil's In The Details: How A Free Market Approach To Compensating College Athletes Would Work, David A. Grenardo Apr 2019

The Blue Devil's In The Details: How A Free Market Approach To Compensating College Athletes Would Work, David A. Grenardo

Pepperdine Law Review

Everyone involved in the business of major college athletics, except the athletes, receives compensation based on a free market system. The National Collegiate Athletic Association’s (NCAA) cap on athlete compensation violates antitrust law, and athletes should be allowed to earn their free market value as everyone else does in this country. This Article provides a detailed approach to compensating college athletes under a free market model, which includes a salary cap, the terms of a proposed standard player’s contract, a discussion of who can represent players, and payment simulations for football and basketball teams. A free market approach would not …


After Graduate And Professional School: How Students Fare In The Labor Market, Sandy Baum, Patricia Steele Feb 2018

After Graduate And Professional School: How Students Fare In The Labor Market, Sandy Baum, Patricia Steele

Commissioned Research

This brief explores employment and earnings outcomes among advanced degree recipients. Examining these outcomes across degree, occupational and demographic categories paints a nuanced picture of the payoffs of graduate and professional education. This information is critical for prospective students and others seeking to assess the value of these degree programs.


Trending @ Rwu Law: Linn F. Freedman's Post: The Goal Of Gender Equality In Cybersecurity 08/23/2016, Linn F. Freedman Aug 2016

Trending @ Rwu Law: Linn F. Freedman's Post: The Goal Of Gender Equality In Cybersecurity 08/23/2016, Linn F. Freedman

Law School Blogs

No abstract provided.


S16rs Sgb No. 2 (Budget), Alexandra De Gravelle Apr 2016

S16rs Sgb No. 2 (Budget), Alexandra De Gravelle

Student Senate Enrolled Legislation

No abstract provided.


F15rs Sgb No. 2 (Amend Budget), Alexandra De Gravelle, Jacob Phagan Oct 2015

F15rs Sgb No. 2 (Amend Budget), Alexandra De Gravelle, Jacob Phagan

Student Senate Enrolled Legislation

No abstract provided.


Satisfaction In The Practice Of Law: Findings From A Long-Term Study Of Attorneys' Careers, U. Of Mich. Public Law Research Paper No. 330. (2013), David L. Chambers May 2013

Satisfaction In The Practice Of Law: Findings From A Long-Term Study Of Attorneys' Careers, U. Of Mich. Public Law Research Paper No. 330. (2013), David L. Chambers

Bibliography of Research Using UMLS Alumni Survey Data

For forty years beginning in the late 1960s, the University of Michigan Law School conducted annual surveys of its alumni. The project included fifty successive graduating classes, with all but the most recent classes surveyed more than once. Over thirteen thousand alumni participated. Over the forty years, American legal education and the American legal profession underwent huge changes. When the study began, there were almost no women or minority students at Michigan and very few in the country as a whole. The vast majority of all students and lawyers were white and male. By the end, white men constituted far …


Law School Marketing And Legal Ethics, Ben L. Trachtenberg Jan 2013

Law School Marketing And Legal Ethics, Ben L. Trachtenberg

Faculty Publications

Law schools have misled prospective students for years about the value of legal education. In some cases, law school officials have engaged in outright deceit, knowingly spreading false information about their schools. More commonly, they have presented statistics — especially those concerning the employment outcomes of law graduates — in ways nearly guaranteed to confuse readers. These deceptions and sharp practices violate the norms of the legal profession, a profession that scrupulously regulates the advertising of legal services. The deceptions also violate ethical rules prohibiting lawyers from engaging in dishonesty, misrepresentation, and deceit. This article exposes how pitches aimed at …


Regulators, Mount Up, Ben L. Trachtenberg Jan 2013

Regulators, Mount Up, Ben L. Trachtenberg

Faculty Publications

Since I began circulating drafts of an article arguing that certain law school officials have exposed themselves to professional discipline by engaging in dishonest marketing tactics, responses have varied considerably. Everyone seems to agree, however, that law school officials should not lie in their pursuit of students. There also appears to be broad consensus that misleading (albeit not intentionally false) marketing—such as systematically skewed salary statistics—is an unfortunate phenomenon, although disagreement remains on just how serious a problem it is and what level of corrective effort is appropriate. In their recently-published response pieces, Kyle McEntee of Law School Transparency (“LST”) …


Negotiating Executive Compensation In Lieu Of Regulation, Urska Velikonja Nov 2012

Negotiating Executive Compensation In Lieu Of Regulation, Urska Velikonja

Urska Velikonja

No abstract provided.


The Crisis In Legal Education: Dabbling In Disaster Planning, Kyle P. Mcentee, Patrick J. Lynch, Derek M. Tokaz Sep 2012

The Crisis In Legal Education: Dabbling In Disaster Planning, Kyle P. Mcentee, Patrick J. Lynch, Derek M. Tokaz

University of Michigan Journal of Law Reform

The legal education crisis has already struck for many recent law school graduates, signaling potential disaster for law schools already struggling with their own economic challenges. Law schools have high fixed costs caused by competition between schools, the unchecked expansion of federal loan programs, a widely exploited information asymmetry about graduate employment outcomes, and a lack of financial discipline masquerading as innovation. As a result, tuition is up, jobs are down, and skepticism of the value of a J.D. has never been higher. If these trends do not reverse course, droves of students will continue to graduate with debt that …


The Crisis Of The American Law School, Paul Campos Sep 2012

The Crisis Of The American Law School, Paul Campos

University of Michigan Journal of Law Reform

The economist Herbert Stein once remarked that if something cannot go on forever, it will stop. Over the past four decades, the cost of legal education in America has seemed to belie this aphorism: it has gone up relentlessly. Private law school tuition increased by a factor of four in real, inflation-adjusted terms between 1971 and 2011, while resident tuition at public law schools has nearly quadrupled in real terms over just the past two decades. Meanwhile, for more than thirty years, the percentage of the American economy devoted to legal services has been shrinking. In 1978 the legal sector …


Efficiency-Wage Theory And Law Firm Pay, Dongyu "Eddie" Wang Jan 2012

Efficiency-Wage Theory And Law Firm Pay, Dongyu "Eddie" Wang

University of Michigan Journal of Law Reform Caveat

Every first-year law student knows that Big Law pays $160,000 a year. In fact, this number is likely the biggest incentive for applying in the minds of most law-school hopefuls. Taking New York City as an example, a quick look at Vault’s salary data reveals that, indeed, the large majority of New York firms with available salary data pay first-year associates exactly $160,000.


Negotiating Executive Compensation In Lieu Of Regulation, Urska Velikonja Jan 2010

Negotiating Executive Compensation In Lieu Of Regulation, Urska Velikonja

Faculty Scholarship

No abstract provided.


Wasting The Corporate Waste Doctrine: How The Doctrine Can Provide A Viable Solution In Controlling Excessive Executive Compensation, Steven Clayton Caywood Jan 2010

Wasting The Corporate Waste Doctrine: How The Doctrine Can Provide A Viable Solution In Controlling Excessive Executive Compensation, Steven Clayton Caywood

Michigan Law Review

In the midst of the global recession of the late 2000s, there was an outcry against corporate executives and what the public deemed to be their excessive compensation. Although this anger is still featured in today's headlines, it is nothing new. In fact, excessive executive compensation complaints arose when the very concept of a corporation was still new. Most of the complaints that the public has leveled have had little effect on boards of directors' decisions. Occasionally, however the outcry is so great that the public compels a company's leadership to take action. This happened early in 2009 when American …


Automatic Outs: Salary Arbitration In Nippon Professional Baseball, David L. Snyder Jan 2009

Automatic Outs: Salary Arbitration In Nippon Professional Baseball, David L. Snyder

Marquette Sports Law Review

No abstract provided.


When Is A Cpa As Important As Your Era? A Comprehensive Evaluation And Examination Of State Tax Issues On Professional Athletes, Alan Pogroszewski Jan 2009

When Is A Cpa As Important As Your Era? A Comprehensive Evaluation And Examination Of State Tax Issues On Professional Athletes, Alan Pogroszewski

Marquette Sports Law Review

No abstract provided.


A Most Interesting Part Of Baseball's Monetary Structure - Salary Arbitration In Its Thirty-Fifth Year, Ed Edmonds Jan 2009

A Most Interesting Part Of Baseball's Monetary Structure - Salary Arbitration In Its Thirty-Fifth Year, Ed Edmonds

Marquette Sports Law Review

No abstract provided.


Starting Out: Changing Patterns Of First Jobs For Michigan Law School Graduates, Terry K. Adams, David L. Chambers Jan 2009

Starting Out: Changing Patterns Of First Jobs For Michigan Law School Graduates, Terry K. Adams, David L. Chambers

Articles

In the early 1950s, the typical graduate of Michigan Law began his career working as an associate in a law firm with four other lawyers and earned about $5,000 in his first year. Surprising to us today, in his new job he would have earned slightly less than other classmates whose first jobs were in government. Fifty years later, in the early 2000s, the typical graduate still started out as an associate in a law firm, but the firm she worked for had more than 400 lawyers. She earned about $114,000 in her first year, about three times as much …


S07rs Sgb No. 27 (Sg Budget), Robertson, Martin, Iseral Apr 2007

S07rs Sgb No. 27 (Sg Budget), Robertson, Martin, Iseral

Student Senate Enrolled Legislation

No abstract provided.


Nonprofit Payments To Insiders And Outsiders: Is The Sky The Limit? , Jill S. Manny Jan 2007

Nonprofit Payments To Insiders And Outsiders: Is The Sky The Limit? , Jill S. Manny

Fordham Law Review

No abstract provided.


A Study Of Division I Assistant Football And Mens' Basketball Coaches' Contracts, Martin J. Greenberg, Jay S. Smith Jan 2007

A Study Of Division I Assistant Football And Mens' Basketball Coaches' Contracts, Martin J. Greenberg, Jay S. Smith

Marquette Sports Law Review

No abstract provided.


F06rs Sgb No. 3 (Amend Budget), Martin, Bergeron Oct 2006

F06rs Sgb No. 3 (Amend Budget), Martin, Bergeron

Student Senate Enrolled Legislation

A Bill

To amend the Student Government General Operating Budget for FY 2006-2007 (Act No. 1 of the 2006-2007 First Extraordinary Session) to provide for legislative salaries; to provide for related matters


Is U.S. Ceo Compensation Inefficient Pay Without Performance?, John E. Core, Wayne R. Guay, Randall S. Thompson May 2005

Is U.S. Ceo Compensation Inefficient Pay Without Performance?, John E. Core, Wayne R. Guay, Randall S. Thompson

Michigan Law Review

In Pay Without Performance, Professors Lucian Bebchuk and Jesse Fried develop and summarize the leading critiques of current executive compensation practices in the United States. This book, and their highly influential earlier article, Managerial Power and Rent Extraction in the Design of Executive Compensation, with David Walker offer a negative, if mainstream, assessment of the state of U.S. executive compensation: U.S. executive compensation practices are failing in a widespread manner, and much systemic reform is needed. The purpose of our Review is to summarize the book and to offer some counterarguments to try to balance what is becoming …


The Real Impact Of Eliminating Affirmative Action In American Law Schools: An Empirical Critique Of Richard Sander's Study, David L. Chambers, Timothy T. Clydesdale, William C. Kidder, Richard O. Lempert Jan 2005

The Real Impact Of Eliminating Affirmative Action In American Law Schools: An Empirical Critique Of Richard Sander's Study, David L. Chambers, Timothy T. Clydesdale, William C. Kidder, Richard O. Lempert

Articles

In 1970, there were about 4000 African American lawyers in the United States. Today there are more than 40,000. The great majority of the 40,000 have attended schools that were once nearly all-white, and most were the beneficiaries of affirmative action in their admission to law school. American law schools and the American bar can justly take pride in the achievements of affirmative action: the training of tens of thousands of African American (as well as Latino, Asian American, and Native American) practitioners, community leaders, judges, and law professors; the integration of the American bar; the services that minority attorneys …


Guaranteed Payments Made In Kind By A Partnership, Douglas A. Kahn, Faith Cuenin Jan 2004

Guaranteed Payments Made In Kind By A Partnership, Douglas A. Kahn, Faith Cuenin

Articles

If a partnership makes a payment to a partner for services rendered in the latter's capacity as a partner or for the use of capital, to the extent that the payment is determined without regard to partnership income, it is characterized by the Internal Revenue Code as a "guaranteed payment" and is treated differently from other partnership distributions.' In addition, if a partnership makes a payment in liquidation of a retiring or deceased partner's interest in the partnership, part of that payment may be characterized as a guaranteed payment by section 736(a)(2). We will discuss in Part VI of this …


Labor Pains: Why Contraction Is Not The Solution To Major League Baseball’S Competitive Balance Problems, Bryan Day Mar 2002

Labor Pains: Why Contraction Is Not The Solution To Major League Baseball’S Competitive Balance Problems, Bryan Day

Fordham Intellectual Property, Media and Entertainment Law Journal

No abstract provided.


Pay Equity For Intercollegiate Coaches: Exploring The Eeoc Enforcement Guidelines, Michelle R. Weiss Jan 2002

Pay Equity For Intercollegiate Coaches: Exploring The Eeoc Enforcement Guidelines, Michelle R. Weiss

Marquette Sports Law Review

No abstract provided.


College Coaching Contracts Revisited: A Practical Perspective , Martin J. Greenberg Jan 2001

College Coaching Contracts Revisited: A Practical Perspective , Martin J. Greenberg

Marquette Sports Law Review

No abstract provided.