economics and the law
WSJ: Law Firms Curtail Associate Programs As Economy Slows
This time last year, salaried lawyers at many of nation’s largest firms had just scored a pay bump, as business was blazing and firms were scrambling to keep talent. Now, due largely to a slowdown in work relating to mortgages, real estate, mergers and private equity, some firms are rescinding offers to incoming associates and summer associates, asking first-year lawyers to start several months later and shortening their summer programs to save money.
Rankings Twist Law School Financial Aid Choices
Margot Adler at Public Radio’s Justice Talking takes a look at the ugly side of the economics of higher education in College Admissions: A Game of Privilege?
This part of the discussion with education researcher and policymaker Ross Weiner and public universities representative Peter McPherson highlights a particularly pertinent issue in law school settings.
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Study Cites Economic Efficiency, Better Outcomes for Federal Public Defenders
Adam Liptak picked up on a recent study of federal public defender programs for the NY Times, Public Defenders Get Better Marks on Salary. In An Analysisof the Performance of Federal Indigent Defense Counsel (.pdf), Harvard economist Radha Iyengar studied the the performance of Public Defenders and Court-appointed attorneys in federal cases. From the abstract:
Exploiting […]