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This paper reviews and analyzes extant data on the effective hourly rates achieved from contingency fee cases and reports detailed analyses of data from a survey of Wisconsin contingency fee practitioners. The analyses emphasize the need to examine returns across sets of cases rather than on a...
Persistent link: https://www.econbiz.de/10014207898
The current study examines earnings differences for practicing lawyers by undergraduate major with a focus on economics majors. Some majors do much better than others. Economics majors tend to do very well in both median and mean earnings, and both without and with controlling for individual...
Persistent link: https://www.econbiz.de/10011347139
The effect on turnover and performance is analyzed for U.S. attorneys in office during the years 1969 through 1999. Lower salaries are shown to increase the turnover of U.S. attorneys, and higher turnover is shown to reduce output. Two features distinguish U.S. attorneys, and higher turnover is...
Persistent link: https://www.econbiz.de/10014069960
Nearly everyone thinks that judges are underpaid, but theory and evidence provide little support for this view. Theory suggests that increasing judicial salaries will improve judicial performance only if judges can be sanctioned for performing inadequately or if the appointments process reliably...
Persistent link: https://www.econbiz.de/10014221532
This paper establishes that individuals with an internal locus of control, i.e., who believe that reinforcement in life comes from their own actions instead of being determined by luck or destiny, earn higher wages. However, this positive effect only translates into labor income via the channel...
Persistent link: https://www.econbiz.de/10011600980
Using unique survey data from the German Socio-Economic Panel, this study examines the influence of reciprocal inclinations on workers' sorting into codetermined firms. Employees with strong negative reciprocal inclinations are more likely to work in firms with a works council while employees...
Persistent link: https://www.econbiz.de/10011601044
This paper attempts to bridge the gap between previous cross-national work estimating rates of return to education and the current trend toward examining rates over time. Changes in the returns to education in the 1980s over five countries were driven by different forces across the countries.
Persistent link: https://www.econbiz.de/10011652842