Abstract

http://ssrn.com/abstract=720122
 
 

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Student Quality as Measured by Lsat Scores: Migration Patterns in the U.S. News Rankings Era


William D. Henderson


Indiana University Maurer School of Law

Andrew P. Morriss


Texas A&M School of Law; PERC - Property and Environment Research Center; George Mason University - Mercatus Center

2006

Indiana Law Journal, Vol. 81 (2006)
IU Law-Bloomington Research Paper No. 17
Case Legal Studies Research Paper No. 05-19

Abstract:     
This study examines the change in entering class median LSAT, a key input into the U.S. News & World Report rankings, between 1993 and 2004. Using multivariate regression analysis, the authors model several factors that can influence the direction and magnitude of this change. The study presents six specific findings: (1) the market for high LSAT students is divided into two segments that operate under different rules; (2) initial starting position is a strong predictor of the future gain or loss in LSAT scores; (3) the allure of the high-end corporate law firms appears to cause a significant portion of students to discount the importance of rankings in favor of locational advantages related to the regional job market; (4) students will pay a tuition premium to attend elite law schools but, when deciding among non-elite schools, are willing to forgo a higher ranked school for lower tuition, thus producing a measurable gain in median LSAT scores for lower priced, non-prestigious law schools; (5) there is little or no association between change in lawyer/judge and academic reputation and median LSAT scores, and (6) two well-known gaming strategies for driving up median LSAT scores appear to work.

Drawing upon these results, the authors suggest that the current rankings competition among law schools has all the hallmarks of a positional arms race that undermines social welfare. The authors outline the emerging equilibrium in which non-elite schools engage in costly strategies to boost their reputations while elite law schools are able to further leverage their positional advantage. Because this dynamic spawns rapidly escalating costs in the form of higher tuition, continuation of the ranking tournament threatens the long-term viability of the current model of legal education. The authors conclude with four specific recommendations to law school deans and the editors of U.S. News & World Report.

Number of Pages in PDF File: 43

Keywords: LSAT, rankings, U.S. News, demography, Am Law 100, Am Law 200, law schools, legal education

JEL Classification: A12, D4, D7, I22, I21, R10, M51, L8, L1, J4

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Date posted: August 12, 2005 ; Last revised: June 12, 2013

Suggested Citation

Henderson, William D. and Morriss, Andrew P., Student Quality as Measured by Lsat Scores: Migration Patterns in the U.S. News Rankings Era (2006). Indiana Law Journal, Vol. 81 (2006); IU Law-Bloomington Research Paper No. 17; Case Legal Studies Research Paper No. 05-19. Available at SSRN: http://ssrn.com/abstract=720122

Contact Information

William D. Henderson (Contact Author)
Indiana University Maurer School of Law ( email )
211 S. Indiana Avenue
Bloomington, IN 47405
United States
812-856-1788 (Phone)
812-855-0555 (Fax)
Andrew P. Morriss
Texas A&M School of Law ( email )
1515 Commerce Street
Fort Worth, TX 76133
United States
PERC - Property and Environment Research Center ( email )
2048 Analysis Drive
Suite A
Bozeman, MT 59718
United States
George Mason University - Mercatus Center ( email )
3434 Washington Blvd., 4th Floor
Arlington, VA 22201
United States
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