The fact that clients demand these firms’ services indicates that their business model is sensible.
In the market for lawyers, then, the best and the brightest lawyers are matched to the best and most valued firms just as I would date women who cannot dance in a world where dancing was key to matchmaking. This is a pretty intuitive idea, but some economist somewhere — borrowing from the biologists who use it to explain the same phenomenon in the animal kingdom — gave it an unintuitive name: .
The top law firms recruit the cream of the crop from the top law schools. There are plenty of prestigious law firms that recruit new lawyers from good law schools and that are quite picky about whom they select.
But there are a few firms that will, with rare exceptions, make offers only to the top students (those who make the law review) at the most elite law schools.
A little more than one-quarter of the people in these marriages were college graduates.
But two-thirds of the spouses of college graduates were college graduates.
IN “MAD MEN”, a series about the advertising industry in the 1960s, women are underpaid, sexually harassed and left with the kids while their husbands drunkenly philander. But when Don Draper, the show’s star, dumps the brainy consultant he has been dating and marries his secretary, he strikes a blow for equality of household income.
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The basic idea is that people sort into partnerships or groups in a manner that is non-random and, in particular, can be “ordered.” So in the strictest version of positive assortative mating, the “best” woman would be mated to the “best” man, the second-best to the second-best, and so on.
When we see positive assortative mating, it will generally be the case that it leads to a “better” outcome than if people (or lawyers and firms) matched randomly. Suppose that Addison is a very beautiful woman and Chris is homely.
Comfortingly, those couples whose attractiveness was mismatched were just as happy as the others.
The study examined 'assortative mating', or where people select a sexual partner based on similarities with themselves, and how time affects relative attractiveness.
I have no natural rhythm, I move in an ungraceful manner, and my lack of talent is compounded by pronounced self-consciousness when I’m on the dance floor.