Does the Bar Exam Protect the Public?

I study the effects of requiring lawyers to pass the bar exam on whether they are later publicly disciplined for misconduct. In the 1980s, by abolishing what is known as a diploma privilege, four states began to require graduates from all law schools to pass the bar exam. My research design exploits these events to estimate the effect of the bar passage requirement on the share of lawyers publicly sanctioned by state discipline bodies. I find that during the first decade of their careers lawyers licensed without a bar passage requirement are publicly sanctioned at similar rates to lawyers licensed after passing a bar exam. Small differences do begin to emerge after a decade, however, and larger though still modest differences form after two decades. [ABSTRACT FROM AUTHOR]