Following up on my recent posts on the Salt Salary survey for tenured professors and for untenured professors at each of four tiers of school, I want to look further at the relationship between the Salt Salary Survey data and the U.S. News law school rankings. First off, let me talk about overall U.S. News rank and salary of tenured professors. There is a -.54 correlation between U.S. News rank and median salary of tenured professors -- that is, as school rank decreases (as it gets better), there is an increase in median salary. The plot at the upper right is of the overall U.S. News rank against the median salary of tenured professors. The more highly ranked schools tend to pay better. Why this is -- and what's cause and effect are really open to question.
Now I want to look at another relationship -- the median salary of tenured professors and the U.S. News peer assessment scores. There is a .47 correlation (n = 66, p < .001) between the median salary of tenured professors and U.S. News peer assessment scores. The outliers on the upper left are Drexel and Touro.
Also, I have a paper on a parallel topic: the relationship relationships between U.S. News law school rankings and African American student enrollment (and several other variables).