Category Archive: People Practices

Feb
09

Why do smart young people go into finance, law, and consulting?

The economists over at George Mason had a discussion this week about professional services firms (it looks like consulting especially, but not exclusively) that led them to try and answer two questions of interest to this blog: why do smart motivated young people join professional services firms, and why do firms hire consultants.  I’m going …

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Nov
20

How Elite Firms Hire

Bryan Caplan is linking to a new study that covers an oft-discussed, but poorly researched, area of professional services firm management: the actual hiring process at elite firms in law, finance, and consulting.  (The actual paper by Lauren Rivera, ”Ivies, Extracurriculars, and Exclusion“, Research in Social Stratification and Mobility 2011, is behind a paywall). Bryan outlines the five …

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