Abstract
We examine the role of hiring networks stemming from information asymmetries or co-worker complementarities in determining the personnel-economic geography of large US law firms. We show, using the Ellison and Glaeser (1997) index of concentration, that large law firms tend to be concentrated with regard to the law schools they hire from. There is substantial across-firm heterogeneity in law-school concentration. Oce-level concentration is substantially greater than firm-level concentration. Oce-level concentration is greater for associates than it is for partners, which may be consistent with various theories of employer learning. It seems that around two-fifths of observed oce-level concentration can be explained by simple measures of oce-school geographic proximity and firm-school reputation matches. We also find a strong relation between partner concentration (at the
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
