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Legal News

: Legal Blog Watch

The 'Freeconomics' of Free Labor

By Carolyn Elefant

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I've posted previously about the growing phenomenon of lawyers working for free, either to build their résumés in hopes of finding a new job or to bide their time while waiting for their law firms to call them back to work after a deferral period. But is free labor always a benefit to the companies that receive it? Jill Priluck examines both sides of the "gift economy" In this interesting piece at Slate's The Big Money. Priluck interviewed Princeton economist Henry Farber who is skeptical of the value of free labor. He says: "Most companies would turn down offers of...

Full post as published by Legal Blog Watch on June 10, 2009 (boomark / email).

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