27 Pages Posted: 6 Aug 2013 Last revised: 26 Nov 2014
Date Written: March 1, 2013
The authors of "The Economic Value of a Law Degree" (available at http://ssrn.com/abstract=2250585) review Brian Tamanaha's "Failing Law Schools."
The review focuses on problems with empirical claims in "Failing Law Schools" regarding outcomes for law graduates and also regarding law faculty compensation. The review also discusses Professor Tamanaha's proposals for reform of legal education in light of economic theory and the empirical economics literature, and finds reasons to doubt that Tamanaha's proposed reforms will have the effects he predicts.
Keywords: Economic value of a law degree, failing law schools, Tamanaha, labor economics, legal education, law school crisis, law school reform, Human Capital
JEL Classification: C1, I2, J24, J31, J44, J6, J7, K4, L31
Suggested Citation: Suggested Citation
Simkovic, Michael and McIntyre, Frank, Populist Outrage, Reckless Empirics: A Review of Failing Law Schools (March 1, 2013). Available at SSRN: https://ssrn.com/abstract=2306337 or http://dx.doi.org/10.2139/ssrn.2306337
By Eric Goldman