I have a new paper on ranking law schools with LSAT scores, employment outcomes, and law review citations. This builds on the paper that I workshopped here at the faculty lounge last summer. I've made some changes to methodology in light of those comments and also updated the data.
The new paper is "Ranking Law Schools, 2015: Student Aptitude, Employment Outcomes, and Law Review Citations." Here is the abstract:
This essay builds on a paper released last year that ranked law schools on three variables: the median LSAT of entering students of the most recent class, the most recently available employment outcome for each school’s graduates, and citations to each school’s main law reviews over the past eight years. This paper updates that study with LSAT median data for the class entering in fall 2014, employment data for the class graduating in 2014 nine months after graduation, and the most recent law review citation data for 2007 through 2014. It studies 195 ABA approved law schools.
In addition to using more recent data, this study changes the method of combining those data. Where the last paper used simple ranks for each variable and averaged them, this study has a more granular approach to the data. It converts each school’s median LSAT score and the percentage of students employed in full-time, permanent, JD-required jobs nine months after graduation (excluding school-funded positions and solo practitioners) to standard scores. In addition, given the dramatic differences in number of law review citations among schools, it employs a common log transformation of law review citations and then converts the transformed scores to standard scores. The paper combines the first two scores to provide a two-variable ranking, and then combines all three variables to provide a three-variable ranking. The paper reports average scores for the three-variable ranking, thus permitting examination of how close schools are to each other. It also ranks the 195 ABA-approved law schools in the United States (excluding the three schools in Puerto Rico) that U.S. News included in its rankings released in March 2015. And it compares the new, two- and three- variable rankings to the U.S. News provided ranks in March 2015. It identifies the schools that improve and decline the most with the new rankings.