Lawyers who graduated from elite law schools are only slightly happier about their career choice than their counterparts from lesser-ranked schools, according to a study of law grads who began their careers in 2000.
Legal education critics have advanced the idea that students attend non-elite law schools because of optimism bias—they think they will get high-paying jobs to pay off their education loans, according to a summary of the findings at SSRN. When their optimism proves unjustified,...
