you're the one that saying there are these effects that are proven beyond fact, I'm just testing your hypothesisnelaw2010 wrote: Which claim are you referring to? That money can buy prestige? That is a proven fact. I'm not trying to be dismissive, but I don't feel like I have to defend that claim.
On to your data. I'm not clear, you're saying WUSTL used money to improve their rankings? If so, and you're saying that their hiring data didn't improve in sync with their USNWR rankings, then I can't argue with the data you present. However, you might be looking at a snapshot that doesn't accurately capture the way an increase in ranking improves BIG LAW placement. I suspect that any type of ranking increase will take time to show in the BIG LAW Ranking. There are more assumptions built into your comparison, such as the desire of kids in these schools to want to go to BIG LAW. I don't mean to derail the argument with this point, but you're assuming that the same percentage of people who went to WUSTL actually want BIG LAW as they do in another similar ranked school that places better. I know we can't know this, so I'll let it be. What I do suspect is that a sustained increase in rankings will help a school improve its perception amongst other lawyers. That will eventually lead to better BIG LAW placement. Once that network becomes better established, those working in BIG LAW will look to hire fellow alums.
You're argument basically says: "it hasn't happened in this short time period (10 years is short for this kind of stuff), so I don't think it will happen." You may be right, but I think it will take longer for an increase in ranking prestige to pay dividends from a job perspective (especially if you're only talking about BIG LAW).
the results are either the opposite of what's expected, or there is no significant relationship
That $$ can buy USNWR rankings IS beyond dispute (well not beyond dispute, but I'm not arguing that it's false), but maybe you think prestige=USNWR rankings... prestige is slightly different than NLJ 250 hiring, but I can assure you, there is no more of a prestige whoring hiring process than Big Law hiring. We can use them as a proxy.