Comments on: The Economics of Law Reviews

By: Paul Gowder

Paul Gowder — Tue, 15 May 2007 21:34:36 +0000

Wait, why is Posner’s suggestion so impractical? Senior faculty in other disciplines run the journals: there are fewer of them, but they’re miles and miles better. Obviously the tenure system didn’t strip the incentives there.

By: Former Exec Editor

Former Exec Editor — Tue, 15 May 2007 00:31:04 +0000

Not all law schools subsidize their law reviews. Law reviews are paid by Westlaw and Lexis, and perhaps receive payments from other republication companies, so some law reviews turn a profit (e.g., Yale, Harvard–there may be others).

By: Matt Bodie

Matt Bodie — Tue, 15 May 2007 00:17:33 +0000

You may be interested in the presentations at the Lewis & Clark Open Access & Legal Scholarship symposium last spring. Here’s the site: http://www.lclark.edu/dept/blaw/springsymppartic.html. Jessica Litman’s article on the economics of open access has a nice breakdown of the revenues and costs of a typical law review.

By: dave hoffman

dave hoffman — Mon, 14 May 2007 22:40:42 +0000

I’m not sure that it is a great learning opportunity for most students on most law reviews. But you are right, that certainly should be in the mix, and my post is incomplete without it.

By: Michael Froomkin

Michael Froomkin — Mon, 14 May 2007 22:35:36 +0000

I thought we subsidized our law review because it was a great learning opportunity for our students. Is there no room for that on your list?