NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

An Economic Analysis of the Market for Law School Students

Ronald G. Ehrenberg

NBER Working Paper No. 2602
Issued in May 1988
NBER Program(s):   LS

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.

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Published: Journal of Legal Education, Vol. 39, No. 5, pp. 627-654, 1989.

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