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39 And while the grade coef- ficients are biased in a way that understates their actual affect, the law school coefficients are virtually certainly overstated. Maybe LS prestige is an enormous issue for the previous and less so for the latter, which attracts from regional faculties (i.e. state flagship campus). See right here for results on high school GPA and SAT as predictors of college GPA. However, some fields seem to have potential thresholds that cannot be surmounted by way of laborious work. The utility of grades or class rank as predictors doesn't shock me, as they measure a combination of potential, willingness to work exhausting, and motivation. Since these elements do predict revenue for broad cross-sections of attorneys, and for the reason that tight hierarchy of legislation school admissions makes law college eliteness a detailed proxy for scholar credentials, an unknown but probably massive part of what appears to be explained by college eliteness is definitely only a measure of pre-law credentials. The Chicago Attorneys equations don't include measures of pre-regulation credentials, resembling LSAT scores and undergraduate grades. Is it attainable that there are two paths to excessive revenue legal careers: BigLaw (BL) and RegionalLaw (RL)? Prime companions in RL may make almost as much as these in BL, in order that grades (which predict each BL and RL success) have a better revenue correlation than LS status alone, which solely manifests in BL.