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13 J. Legal Stud. Educ. 1 (1995)

handle is hein.journals/jlse13 and id is 1 raw text is: THE 1993-1994 ACADEMY OF LEGAL STUDIES IN BUSINESS SALARY SURVEY: CHARACTERISTICS AND DETERMINANTS OF FACULTY SALARIES *FRANCES J. HILL, **MARILYN A. LAVIN, ***LINDA B. SAMUELS BACKGROUND A motion passed by the ALSB Executive Committee during the 1993 annual ALSB meeting directed Frances J. Hill to chair an ad hoc committee to undertake the first official ALSB salary survey.' The rationale for this action was that salary information generated by the American Assembly of Collegiate Schools of Business (AACSB) annual salary survey' may not accurately reflect the current market salaries for the legal studies in business discipline. In addition, the Executive Committee noted that several other academic organizations conduct their own salary surveys which yield consistently higher results than those generated by the AACSB.3 * Professor of Business Law, University of Wisconsin-Whitewater ** Associate Professor of Marketing, University of Wisconsin-Whitewater *** Professor of Business Legal Studies, George Mason University David Silverstein provided the impetus for undertaking the survey. 2 The AACSB sent its 1993-94 Salary Survey to deans of its 668 member schools and had a 475 member response rate. AACSB data represents salary information of its member schools and is based on salary information on 23,352 business school faculty members. It includes data regarding most business disciplines. AACSB 1993-94 SALARY SURVEY iii (1994). William J. Bertin and Terry L. Zivney, The Determinants of Finance Faculty Salaries: The 1991-1992 FMA Salary Survey, FINANCIAL PRACTICE AND EDUC., Spring/ Summer 1992, at 19.

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