Show simple item record

dc.rights.licenseIn Copyrighten_US
dc.creatorWhalen, Daniel Roy
dc.date.accessioned2021-05-26T12:43:38Z
dc.date.available2021-05-26T12:43:38Z
dc.date.created2021
dc.identifier.urihttps://dspace.wlu.edu/handle/11021/35370
dc.descriptionThesis; [FULL-TEXT FREELY AVAILABLE ONLINE]en_US
dc.descriptionDaniel Roy Whalen is a member of the Class of 2021 of Washington and Lee University.en_US
dc.description.abstractThis thesis examines the effect on career outcomes caused by placing within the top 14 spots on US News & World Reports' law school rankings. We use data from the American Bar Association on class profiles, Bar passage rates by law school, and graduates' careers ten months after graduation. We utilize value-added modeling to calculate how schools perform after accounting for innate abilities (measured by median LSAT scores and undergraduate GPA) and characteristics of their students. We then use a regression discontinuity design to calculate the causal impact of being in the top 14 on school value-added. We find that schools just inside the top 14 increase the likelihood of sending their students to big law firms by approximately 26 percentage-points more than schools just outside of the top 14. No statistically significant discontinuity is found for Bar passage rates, employment rates, or federal clerkship placement. We conclude that graduating from a top school signals a lawyer's innate ability, as the increase in likelihood of Big Law employment from attending a top 14 school is above the human capital development that is implied by the increased likelihood of Bar passage.en_US
dc.description.statementofresponsibilityDaniel Whalen
dc.format.extent40 pagesen_US
dc.language.isoen_USen_US
dc.rightsThis material is made available for use in research, teaching, and private study, pursuant to U.S. Copyright law. The user assumes full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used should be fully credited with the source.en_US
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en_US
dc.subject.otherWashington and Lee University -- Honors in Economicsen_US
dc.titleThe Signaling Effect of Rankings: Evidence from Top 14 Law Schools (thesis)en_US
dc.typeTexten_US
dc.rights.holderWhalen, Daniel
dc.subject.fastLaw schools -- Ratings and rankingsen_US
dc.subject.fastPrediction of occupational successen_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record