IDEAS home Printed from https://ideas.repec.org/a/bla/ajecsc/v82y2023i1p29-42.html
   My bibliography  Save this article

Using the LSAT as a labor market thermometer for lawyers

Author

Listed:
  • James V. Koch
  • Barbara Blake‐Gonzalez

Abstract

We rely upon a 50‐state, 20‐year panel to find that the number of Law School Admissions Test (LSAT) takers is only loosely related to economic conditions—although slightly more for men than for women, who in 2020 accounted for 58% of all LSAT takers. The number of test takers rose more than 35% between 2014 and 2020. This wave accentuated an already existing downtrend in the median real income of lawyers, and thus provides support for the hypothesis that most states have more lawyers than they need.

Suggested Citation

  • James V. Koch & Barbara Blake‐Gonzalez, 2023. "Using the LSAT as a labor market thermometer for lawyers," American Journal of Economics and Sociology, Wiley Blackwell, vol. 82(1), pages 29-42, January.
    • Handle: RePEc:bla:ajecsc:v:82:y:2023:i:1:p:29-42
    DOI: 10.1111/ajes.12488
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/ajes.12488
    Download Restriction: no
    File URL: https://libkey.io/10.1111/ajes.12488?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. James V. Koch & Barbara Blake-Gonzalez, 2022. "Why has the median real income of lawyers been declining?," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 46(4), pages 646-665, October.
    2. Alexia Brunet Marks & Scott A. Moss, 2016. "What Predicts Law Student Success? A Longitudinal Study Correlating Law Student Applicant Data and Law School Outcomes," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 13(2), pages 205-265, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jessica Findley & Adriana Cimetta & Heidi Legg Burross & Katherine C. Cheng & Matt Charles & Cayley Balser & Ran Li & Christopher Robertson, 2023. "JD‐Next: A valid and reliable tool to predict diverse students' success in law school," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 20(1), pages 134-165, March.
    2. Amy N. Farley & Christopher M. Swoboda & Joel Chanvisanuruk & Keanen M. McKinley & Alicia Boards & Courtney Gilday, 2019. "A Deeper Look at Bar Success: The Relationship Between Law Student Success, Academic Performance, and Student Characteristics," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 16(3), pages 605-629, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ajecsc:v:82:y:2023:i:1:p:29-42. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0002-9246 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.