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- W2399404604 abstract "Social networks are widely believed to facilitate hiring by reducing information asymmetries between individual job candidates and employing organizations. Causal effects of network contacts on organizational hiring and individual attainment are unclear, though, because networks probably influence both the likelihood that an individual changes employers and the quality of the position they attain by doing so. In this study, I theorize how prior education and prior employment networks differentially alleviate information asymmetries to influence labor market matching and intraprofessional status attainment. Leveraging the unexpected dissolutions of six U.S. law firms as an exogenous shock to mobility, I analyze 1,426 lawyers’ post-dissolution labor market outcomes. The results demonstrate that both law school alumni and co-worker contacts influence hiring; however, status attainment is aided by former co-workers and hindered by alumni. Implications for studies of networks and inequality are discussed." @default.
- W2399404604 created "2016-06-24" @default.
- W2399404604 creator A5077244982 @default.
- W2399404604 date "2011-01-01" @default.
- W2399404604 modified "2023-09-27" @default.
- W2399404604 title "NETWORKS, HIRING, AND ATTAINMENT: EVIDENCE FROM LAW FIRM DISSOLUTIONS." @default.
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