1995-10-01, English, Article, Journal or magazine article edition: Up-or-out rules in the market for lawyers. O'Flaherty, Brendan; Siow, Aloysius

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Physical Description
  • graph
  • Magazine/​Journal article
Published
  • University of Chicago Press, 1995 Oct
Language
  • English

Edition details

Title
  • Up-or-out rules in the market for lawyers.
Appears In
  • Journal of Labor Economics, v13, no.n4, 1995 Oct, p709(27) (ISSN: 0734-306X)
Author
  • O'Flaherty, Brendan
  • Siow, Aloysius
Published
  • University of Chicago Press, 1995 Oct
Physical Description
  • graph
  • Magazine/​Journal article
Subjects
Target Audience
  • Academic
  • Trade
Summary
  • We examine how up-or-out rules operate as a screening device in the market for lawyers. Using data on large New York law firms, we show that firm growth is a slow and uncertain process because performance as an associate is not an especially informative signal about whether a lawyer will make a good partner and because the costs of mistaken promotion are relatively high. A newly hired associate is unlikely to be a suitable partner and the screening process is relatively imprecise. Firm growth therefore contributes between 5%-7% of the present value of profits of a law firm.
Notes
  • graph
Terms of Use
  • COPYRIGHT 1995 University of Chicago Press
Language
  • English
Database
  • Gale Academic OneFile
  • Gale General OneFile
  • Gale Expanded Academic
Identifier
  • 17430180

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CAVAL. CARM Centre. May not be open to the public brn.289020; Held; Vol. 3, pt. 1, no. 1 - v. 19, no. 4; Jan. 1985 - Oct. 2001 Periodical; Journal, magazine, other English
Charles Sturt University. CSU Library - Electronic Resources (shared). Open to the public 000887143; Full Text Available; EBSCOhost - Available from 1983. Most recent 1 year(s) not available Periodical; Journal, magazine, other English
CSIRO. Library Services. Not open to the public 374728; Online access. Available for document delivery. Restrictions apply.; Vol. 15 (1997)- Periodical; Journal, magazine, other English
Flinders University. Flinders University Central Library. Open to the public 9956986701771; 331.05 J87 Periodical; Journal, magazine, other English
Monash University. Monash University Library. Open to the public 993682001751; 331.05 J86; v. 3, no. 3 (July 1985) to v. 10, no. 2 (Apr. 1992); PE; XST; v. 23, no. 1 (Jan. 2005) to v. 33, no. 1 (Jan. 2015); MA; SER; 331.05 J86; v. 1, no. 1 (Jan. 1983) to v. 22, no. 4 (Oct. 2004); OS; YOS-SER Periodical; Journal, magazine, other English
National Library of Australia. Open to the public 2192621; S 331.05 JOU; Vol. 1, no. 2-v. 14, no. 2 (Apr. 1983-Apr. 1996) Periodical; Journal, magazine, other English
Productivity Commission. Melbourne Office Library. May not be open to the public JOURNAL; Vol. 1 -; 1983 -; Keep all issues Periodical; Journal, magazine, other English
RMIT University. RMIT University Library. Open to the public 9910666060001341; PER 331.05 J86; Held in Storage. Request from <a href=http://www.rmit.edu.au/library/dds target=_blank>Document Delivery</a>; v. 1 (1983)-v. 15, no. 4 (Dec. 1997) Periodical; Journal, magazine, other English
Southern Cross University. University Library Lismore. Open to the public Electronic resource - Check catalogue for holdings Periodical; Journal, magazine, other English
The University of Melbourne. The University of Melbourne Library. Open to the public ECO P 331.05 JOUR; v.1-v.25; 1983-2007 Periodical; Journal, magazine, other English
The University of Sydney. University of Sydney Library. Open to the public S01737; held; Vol.1, no.3-; July 1983- Periodical; Journal, magazine, other English
University of New England. Dixson Library. Open to the public 1125-10060; P331/J86; <1125-10060>; V.1, no.3 - v. 23; (July )1983 - 2005 Periodical; Journal, magazine, other English
University of Queensland. University of Queensland Library. Open to the public b18630121; sshp HD4802 .J678 : 8:2(1990)-26(2008) Microform; Periodical; Journal, magazine, other English
University of Western Australia. University of Western Australia Library. Open to the public 9973968002101; HELD; V. 8-25 ; 1990-2007 Periodical; Journal, magazine, other English
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Charles Sturt University. CSU Library - Electronic Resources (shared). Open to the public 000887143; Full Text Available; EBSCOhost - Available from 1983. Most recent 1 year(s) not available Periodical; Journal, magazine, other English
Southern Cross University. University Library Lismore. Open to the public Electronic resource - Check catalogue for holdings Periodical; Journal, magazine, other English
The University of Sydney. University of Sydney Library. Open to the public S01737; held; Vol.1, no.3-; July 1983- Periodical; Journal, magazine, other English
University of New England. Dixson Library. Open to the public 1125-10060; P331/J86; <1125-10060>; V.1, no.3 - v. 23; (July )1983 - 2005 Periodical; Journal, magazine, other English
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Flinders University. Flinders University Central Library. Open to the public 9956986701771; 331.05 J87 Periodical; Journal, magazine, other English
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CAVAL. CARM Centre. May not be open to the public brn.289020; Held; Vol. 3, pt. 1, no. 1 - v. 19, no. 4; Jan. 1985 - Oct. 2001 Periodical; Journal, magazine, other English
CSIRO. Library Services. Not open to the public 374728; Online access. Available for document delivery. Restrictions apply.; Vol. 15 (1997)- Periodical; Journal, magazine, other English
Monash University. Monash University Library. Open to the public 993682001751; 331.05 J86; v. 3, no. 3 (July 1985) to v. 10, no. 2 (Apr. 1992); PE; XST; v. 23, no. 1 (Jan. 2005) to v. 33, no. 1 (Jan. 2015); MA; SER; 331.05 J86; v. 1, no. 1 (Jan. 1983) to v. 22, no. 4 (Oct. 2004); OS; YOS-SER Periodical; Journal, magazine, other English
Productivity Commission. Melbourne Office Library. May not be open to the public JOURNAL; Vol. 1 -; 1983 -; Keep all issues Periodical; Journal, magazine, other English
RMIT University. RMIT University Library. Open to the public 9910666060001341; PER 331.05 J86; Held in Storage. Request from <a href=http://www.rmit.edu.au/library/dds target=_blank>Document Delivery</a>; v. 1 (1983)-v. 15, no. 4 (Dec. 1997) Periodical; Journal, magazine, other English
The University of Melbourne. The University of Melbourne Library. Open to the public ECO P 331.05 JOUR; v.1-v.25; 1983-2007 Periodical; Journal, magazine, other English
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