Abstract

http://ssrn.com/abstract=1640062
 
 

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Do Lawyers Really Believe Their Own Hype and Should They?: A Natural Experiment


Zev J. Eigen


Northwestern University School of Law

Yair Listokin


Yale Law School

July 12, 2011

Yale Law & Economics Research Paper No. 412

Abstract:     
Existing research suggests that practicing litigators are too confident in the merits of their clients’ cases. But practicing attorneys often self select (1) the area of law in which they practice, (2) the side on which to practice within that area, (3) law firms with whom they practice, and (4) the clients they represent. We explore whether, after stripping away these selection-biases, legal advocates are still overconfident in their clients’ claims by exploiting a natural experiment involving participants in moot court competitions at three U.S. law schools. Students are randomly assigned to advocate for either petitioner or respondent, so none of the selection-bias problems above are present. We find that following participation in moot court contests, students overwhelmingly perceive that the legal merits favor the side that they were randomly assigned to represent. We also find that overconfidence is associated with poorer performance in advocacy as measured by legal writing instructors. Theoretical and practical implications are discussed.

Number of Pages in PDF File: 31

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Date posted: July 15, 2010 ; Last revised: October 2, 2011

Suggested Citation

Eigen, Zev J. and Listokin, Yair, Do Lawyers Really Believe Their Own Hype and Should They?: A Natural Experiment (July 12, 2011). Yale Law & Economics Research Paper No. 412. Available at SSRN: http://ssrn.com/abstract=1640062 or http://dx.doi.org/10.2139/ssrn.1640062

Contact Information

Zev J. Eigen (Contact Author)
Northwestern University School of Law ( email )
375 E. Chicago Ave
Unit 1505
Chicago, IL 60611
United States

Yair Listokin
Yale Law School ( email )
P.O. Box 208215
New Haven, CT 06520-8215
United States
203-436-2567 (Phone)
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