{"id":21151,"date":"2025-09-03T16:54:06","date_gmt":"2025-09-03T14:54:06","guid":{"rendered":"https:\/\/www.uni.lu\/fdef-en\/?post_type=events&#038;p=21151"},"modified":"2025-09-03T16:54:07","modified_gmt":"2025-09-03T14:54:07","slug":"dem-lunch-seminar-with-ariell-reshef-paris-school-of-economics-fr","status":"publish","type":"events","link":"https:\/\/www.uni.lu\/fdef-en\/events\/dem-lunch-seminar-with-ariell-reshef-paris-school-of-economics-fr\/","title":{"rendered":"DEM Lunch Seminar with Ariell Reshef, Paris School of Economics, FR"},"content":{"rendered":"\n<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\">\n<p><\/p>\n\n\n\n<ul class=\"wp-block-unilux-blocks-custom-buttons btn-list\"><li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n    >\n    <a\n        role=\"link\"\n        aria-disabled=\"false\"\n                    href=\"https:\/\/www.eventbrite.fr\/e\/dem-lunch-seminar-ariell-reshef-paris-school-of-economics-fr-registration-1660595659319?aff=oddtdtcreator\"\n                target=\"_self\"\n        class=\"btn btn--primary\"\n            >Register<\/a>\n<\/li>\n\n\n<li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n    >\n    <a\n        role=\"link\"\n        aria-disabled=\"false\"\n                    href=\"https:\/\/www.uni.lu\/fdef-en\/calendar?post_type=events&#038;p=21151&#038;calendar\"\n                target=\"_self\"\n        class=\"btn btn--secondary\"\n            >Add to calendar<\/a>\n<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Legislation, Regulation and Litigation: <\/strong><br><strong>Demand for U.S. Legal Services in Historical Perspective<\/strong><\/p>\n\n\n\n<p><strong>Abstract<\/strong><\/p>\n\n\n\n<p>The employment share of legal services in the U.S. more than doubled during 1970&#8211;1990, in stark contrast to stability during 1850&#8211;1970 and after 1990. During the same period, the relative wage of lawyers and law firm partners increased by 60%. We argue that this demand shift was driven by important legislative and regulatory events, starting in the mid-1960s and lasting throughout the 1980s. These changes increased the scope of the law and uncertainty over legal outcomes. Consistent with this, we find that employment and compensation of lawyers are tightly correlated with federal regulation, fee shifting statues, and civil litigation, over a period of 100 years. These findings are supported by state-level and individual-level analysis. Other factors, e.g., changes in lawyers&#8217; quality, industrial composition and technology, are not important determinants of the demand shift. A back-of-the-envelope calculation suggests that 13% of the increase in demand for legal services in 1970&#8211;1990 is due to an increase in uncertainty in new legislation. This represents a cost of 28 billion dollars in 2024 alone, capturing misallocation of talent.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>About the speaker<\/strong><\/p>\n\n\n\n<p>Ariell Reshef is a CNRS researcher (Directeur de Recherche), an Associate Member of the Paris School of Economics, and program director at the Institute for Macroeconomic and International Policies (i-MIP) at PSE. Until January 2016 he was an Associate Professor (with tenure) at the 8xav福利导航 of Virginia. He obtained his Ph.D. in economics from New York 8xav福利导航 in 2008. His research interests revolve around the relationship of labor markets with global trade, GVCs, technological change, and regulation. His work lies at the intersection of International Trade, Labor Economics, and Macroeconomics. His current research projects examine structural change of employment and evolution of productivity in France, AI, global value chains, and the long run evolution of the legal services sector in the United States.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Language<\/strong><\/p>\n\n\n\n<p>English<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><figure class=\"wp-block-dev4-reusable-blocks-image  object-fit--scale-down\">\n    \n<img decoding=\"async\" class=\"wp-block-image unilux-custom-image-block\"\n                alt=\"\"\n            src=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO.png\"\n                srcset=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-300x50.png 300w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-1024x172.png 1024w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-768x129.png 768w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-1536x258.png 1536w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-2048x344.png 2048w\"\n                style=\"object-position: 50.00% 50.00%; font-family: &quot;object-fit: scale-down; object-position: 50.00% 50.00%;&quot;; aspect-ratio: 16\/9; object-fit: scale-down; width: 75%;\"\n        loading=\"lazy\"\n\/>    <\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><\/p>\n\n\n\n<p><br><br><br>Supported by the Fond National de la Recherche<br>Luxembourg (19441346)<\/p>\n<\/div>\n<\/div>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":99,"featured_media":10247,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"event_start_date":"2025-10-08 13:00:00","event_end_date":"2025-10-08 14:00:00","event_speaker_name":"Ariell Reshef","event_speaker_link":"https:\/\/www.parisschoolofeconomics.eu\/personnes\/ariell-reshef\/","event_is_online":false,"event_location":"Universit\u00e9 du Luxembourg - Campus Weicker","event_street":"4, rue Alphonse Weicker  Room A401","event_location_link":"https:\/\/www.uni.lu\/en\/about\/campuses\/weicker-building\/","event_zip_code":"2721","event_city":"Luxembourg","event_country":"Luxembourg"},"events-topic":[298],"events-type":[323,322,315],"organisation":[138,101],"authorship":[99],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DEM Lunch Seminar with Ariell Reshef, Paris School of Economics, FR - FDEF events I Uni.lu<\/title>\n<meta name=\"description\" content=\"Legislation, Regulation and Litigation: Demand for U.S. Legal Services in Historical Perspective Abstract The employment share of legal services in the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uni.lu\/fdef-en\/events\/dem-lunch-seminar-with-ariell-reshef-paris-school-of-economics-fr\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DEM Lunch Seminar with Ariell Reshef, Paris School of Economics, FR\" \/>\n<meta property=\"og:description\" content=\"Legislation, Regulation and Litigation: Demand for U.S. Legal Services in Historical Perspective Abstract The employment share of legal services in the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.uni.lu\/fdef-en\/events\/dem-lunch-seminar-with-ariell-reshef-paris-school-of-economics-fr\/\" \/>\n<meta property=\"og:site_name\" content=\"FDEF EN\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/uni.FDEF.lu\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-03T14:54:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2024\/05\/Lunch-Seminar-DEM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"650\" \/>\n\t<meta property=\"og:image:height\" content=\"665\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.uni.lu\/fdef-en\/events\/dem-lunch-seminar-with-ariell-reshef-paris-school-of-economics-fr\/\",\"url\":\"https:\/\/www.uni.lu\/fdef-en\/events\/dem-lunch-seminar-with-ariell-reshef-paris-school-of-economics-fr\/\",\"name\":\"DEM Lunch Seminar with Ariell Reshef, Paris School of Economics, FR - 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