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Licensing Exam Difficulty and Entry Salaries in the US Market for Lawyers

Licensing Exam Difficulty and Entry Salaries in the US Market for Lawyers This article provides evidence of a correlation between licensing exam difficulty and salaries in a regulated profession. Exam difficulty is positively correlated with salaries across states and over time, both at the aggregate and individual state levels. The magnitude of this correlation is substantial: a 1 per cent increase in exam difficulty implies a 1.7 per cent increase in median entry‐level salaries. Exam difficulty does not significantly affect the inter‐quartile difference in salaries. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png British Journal of Industrial Relations Wiley

Licensing Exam Difficulty and Entry Salaries in the US Market for Lawyers

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References (27)

Publisher
Wiley
Copyright
© Blackwell Publishing Ltd/London School of Economics 2010
ISSN
0007-1080
eISSN
1467-8543
DOI
10.1111/j.1467-8543.2010.00810.x
Publisher site
See Article on Publisher Site

Abstract

This article provides evidence of a correlation between licensing exam difficulty and salaries in a regulated profession. Exam difficulty is positively correlated with salaries across states and over time, both at the aggregate and individual state levels. The magnitude of this correlation is substantial: a 1 per cent increase in exam difficulty implies a 1.7 per cent increase in median entry‐level salaries. Exam difficulty does not significantly affect the inter‐quartile difference in salaries.

Journal

British Journal of Industrial RelationsWiley

Published: Dec 1, 2010

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