When lawyers are ceos good things happen most of the time its something you might have intuitively suspected but for the first time heres empirical proofthe project is truly impressive in . We examine the value of ceos with specialized professional skills by focusing on ceos with law degrees and their effect on corporate litigation we find that lawyer ceos are associated with both lower litigation frequency and less severe litigation this relation is observed for most of nine types of common corporate litigation. Where are all the lawyer ceos its true that some ceos have law degrees they are not lawyers but they have studied law seriously and it seems not to have dampened their ambitions finally this matters to the uks boardrooms because an entire professional skill set is missing from the very top echelon of uk business
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