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Law and Economics/ Math Heavy Law

Posted: Sun Mar 27, 2011 6:07 pm
by njskatchmo
What schools have strong law and economics programs or specialized math heavy law degrees?

Re: Law and Economics/ Math Heavy Law

Posted: Sun Mar 27, 2011 6:09 pm
by Knock
njskatchmo wrote:What schools have strong law and economics programs or specialized math heavy law degrees?
University of Chicago puts emphasis on law and economics. You need to be more specific though, what school range are you looking at? And what is a "math heavy" law degree?

Re: Law and Economics/ Math Heavy Law

Posted: Sun Mar 27, 2011 6:10 pm
by d34d9823
njskatchmo wrote:What schools have strong law and economics programs or specialized math heavy law degrees?
What the hell is "math heavy law"?

As for law and economics, Chicago is known for it, but most top schools have a program at this point.

Edit: Damn it, knock.

Re: Law and Economics/ Math Heavy Law

Posted: Sun Mar 27, 2011 6:14 pm
by 09042014
In before Rayiner makes fun of lawyers attempting economics.

Re: Law and Economics/ Math Heavy Law

Posted: Sun Mar 27, 2011 6:15 pm
by Aberzombie1892
There are no math heavy law courses. Sadly, law school deals only with law.

(I'm not being sarcastic)

Re: Law and Economics/ Math Heavy Law

Posted: Sun Mar 27, 2011 6:24 pm
by Grizz
Why do you want to do this anyway? Academia?

Re: Law and Economics/ Math Heavy Law

Posted: Sun Mar 27, 2011 7:20 pm
by LettuceBeefRealTea
Econ/math double major looking for kind of the same.
There's no way that I could do chicago, I've been on the east coast for too long. That's kinda weak, but I'm over snow. I'm going to cross my fingers for SLS. They have a lot of quantitative math/finance law classes and are pretty cool with people taking classes in other schools from what I have read.

Re: Law and Economics/ Math Heavy Law

Posted: Sun Mar 27, 2011 7:28 pm
by phillaw
tax. most other areas of law do not care about precise numbers even if using economic theories.

Re: Law and Economics/ Math Heavy Law

Posted: Sun Mar 27, 2011 7:40 pm
by bdubs
You can do a JD/PhD or JD/MA at most top schools. The PhD would set you up for academia although there are a few academics out there at well ranked schools who only have MAs (primarily because they never finished their PhDs).

You should have a good idea of where you want to go with this before you decide to start going down this path.

Re: Law and Economics/ Math Heavy Law

Posted: Sun Mar 27, 2011 7:45 pm
by gwuorbust
GMU has a very solid economics program. Economics and the law is a required course as I remember.

Re: Law and Economics/ Math Heavy Law

Posted: Sun Mar 27, 2011 8:46 pm
by Nicholasnickynic
chicago and gm are the two that come to mind

Re: Law and Economics/ Math Heavy Law

Posted: Sun Mar 27, 2011 9:24 pm
by nealric
tax. most other areas of law do not care about precise numbers even if using economic theories.
Even in tax, the amount of actual math is trivial. There is nothing more advanced than basic algebra.

Re: Law and Economics/ Math Heavy Law

Posted: Mon Mar 28, 2011 8:29 am
by Aberzombie1892
nealric wrote:
tax. most other areas of law do not care about precise numbers even if using economic theories.
Even in tax, the amount of actual math is trivial. There is nothing more advanced than basic algebra.
+1. Corporate Finance has shockingly little actual math - it requires the about the same amount as taxation.

Re: Law and Economics/ Math Heavy Law

Posted: Mon Mar 28, 2011 12:52 pm
by BeautifulSW
The above comments are completely accurate. There is barely any arithmetic in law practice, let alone any kind of higher math. A solid ability to think in percentages is about as high a math skill as even tax requires. I am shocked by the innumeracy I encounter in most members of the Bar. It isn't just a lack of exposure; it seems more like a positive math-phobia. (The threads about law school finance around here are often illustrative.)

Patent, of course, can be a major exception.

A joint J.D./Ph.D. in, say, statistics might be a really good way into law teaching because the student would be trained in quantitative research methods, something law professors in general don't have.

Re: Law and Economics/ Math Heavy Law

Posted: Mon Mar 28, 2011 12:58 pm
by stratocophic
BeautifulSW wrote:The above comments are completely accurate. There is barely any arithmetic in law practice, let alone any kind of higher math. A solid ability to think in percentages is about as high a math skill as even tax requires. I am shocked by the innumeracy I encounter in most members of the Bar. It isn't just a lack of exposure; it seems more like a positive math-phobia. (The threads about law school finance around here are often illustrative.)

Patent, of course, can be a major exception.

A joint J.D./Ph.D. in, say, statistics might be a really good way into law teaching because the student would be trained in quantitative research methods, something law professors in general don't have.
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Re: Law and Economics/ Math Heavy Law

Posted: Mon Mar 28, 2011 12:59 pm
by bdubs
BeautifulSW wrote:A joint J.D./Ph.D. in, say, statistics might be a really good way into law teaching because the student would be trained in quantitative research methods, something law professors in general don't have.
There is hardly any overlap between doctorate level statistics and legal academia. Even empirical analyses of law tend to use rudimentary statistics that are accepted within the social sciences. Economics is a much more relevant and accepted PhD for a law professor. Chemistry and biology might get you somewhere in healthcare or IP related law, but they are not quite on point with economics/math heavy coursework.

Re: Law and Economics/ Math Heavy Law

Posted: Mon Mar 28, 2011 1:01 pm
by twistedwrister
Antitrust involves a ton of (quite high level) economic analysis.

Re: Law and Economics/ Math Heavy Law

Posted: Mon Mar 28, 2011 2:34 pm
by kapital98
Why not get a JD and a Master/PhD in economics?

Many programs allow people to earn distinct JD/Masters degrees during a 4 year span. JD/PhD programs usually take ~6 years.