Using the LSAT as a labor market thermometer for lawyers
Bibliographic Data
| ID | 2804193 |
|---|---|
| Authors | James V Koch (0000-0002-6221-814X, Department of Economics Old Dominion University Norfolk Virginia USA, corresponding author), Barbara Blake‐gonzalez (0000-0002-5895-3707, The Dragas Center Old Dominion University Norfolk Virginia USA) |
| Year | 2023 |
| Volume | 82 |
| Issue | 1 |
| Pages | 29-42 |
| Publication date | 2023-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Economics and Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0002-9246 • E-ISSN: 1536-7150 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/ajes.12488 |
| OpenAlex | W4312124487 |
| Language | EN |
| References cited | 6 |
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
Actuarial science · Demographic economics · Economics · Physics · Political science · State (computer science) · Test (biology) · Thermometer · Healthcare Policy and Management · Law · Mathematics · Occupational and Professional Licensing Regulation · Psychology
| Citation velocity | historical |
|---|---|
| Highly cited | No |