If you’re a big corporate defendant hoping to be represented by Sheila Birnbaum and you head over to Skadden Arps, sorry — you’re out of luck. Your princess is in another castle.
The so-called “Queen of Toxic Torts” is about to leave her longtime realm. Birnbaum, the legendary litigatrix who currently serves as co-head of Skadden’s mass torts and insurance litigation group, is decamping to a rival.
So where is Birnbaum taking her talents — and her bulging book of business, estimated at more than $30 million? And is anyone else going with her?
(Multiple UPDATES, including Skadden’s internal memo, after the jump.)
On the transactional side, things seem to be going gangbusters for Skadden Arps. As we noted yesterday, the firm took the top spot in three separate rankings of 2012 M&A work. In 2011, a different firm sat atop each set of rankings, but in 2012, Skadden ruled them all.
On the litigation side, though, the new year has brought new headaches for Skadden. Earlier this month, a high-profile partner at the firm, along with another partner and an associate, got hit with a big benchslap. A federal judge issued an order to show cause, asking the Skadden lawyers to explain why they should not be sanctioned, and set “a status hearing in open court…. [at which the attorneys] are all directed to appear in person.” Ouch.
Skadden recently filed its response to the OSC. Let’s review the benchslap, then see what the Skadden lawyers had to say for themselves….
It’s not just Pepper Hamilton. Email screw-ups are committed by even the most renowned lawyers — like longtime Skadden Arps partner Sheila Birnbaum, a living legend of the product liability defense bar. As we previously wrote, “Birnbaum, who heads Skadden’s Complex Mass Tort and Insurance Group, has a nickname reflecting her expertise: ‘The Queen of Toxic Torts.’”
Some of [Mississippi Attorney General] Jim Hood’s proneness to gaffes must have rubbed off on Sheila Birnbaum of Skadden, Arps, a lead counsel for State Farm, when she was down in Mississippi to hear Hood testify February 6….
Birnbaum accidentally replied to all the people on the distribution list for an e-mail Hood’s press spokeswoman sent out this morning to a number of people, including reporters. Birnbaum thought she was responding to other State Farm lawyers.
Ah, the perils of “reply all.” Perhaps a CLE course should be given on how to use it properly?
(Part of the class could be devoted to client confidentiality issues. I Can Haz Ethics Credits?)
P.S. Birnbaum, by the way, does very nicely for herself. Back in May 2001, Forbes published an interesting list of some of the country’s highest-paid corporate lawyers. Birnbaum reportedly earned $3.8 million a year — and that was back in 2000-2001, before the latest Biglaw boom.
When we surfed over to the WSJ Law Blog a few minutes ago, quickly scanned the page, and saw the photo for this post, we thought it had to do with Yale Law School. But upon closer inspection, we learned we were wrong.
Instead, it was a post about Skadden Arps partner Sheila Birnbaum. Birnbaum, who heads Skadden’s Complex Mass Tort and Insurance Group, has a nickname reflecting her expertise: “The Queen of Toxic Torts.” The superstar litigatrix attended the Supreme Court oral arguments this morning in the Philip Morris punitive damages case.
So why did we think, for a few brief seconds, that the post was about Yale Law School? Here’s why:
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past seven years. You can reach them by email: email@example.com.
It’s that time of year again when JDs are starting to apply for 2L summer jobs and 2L summers are deciding which practice area to focus on.
For those JDs with an interest in potentially lateraling to or transferring to Asia in the future, please feel free to reach out to Kinney for advice on firm choices, interviewing and practice choices, relating to future marketability in Asia, or for a general discussion on your particular Asia markets of interest. This is of course a free of cost service for those who some years in the future may be our future industry contacts or perhaps even clients.
For some years now Kinney’s Asia head, Evan Jowers, has been formally advising Harvard Law students with such questions, as the Asia expert in Harvard Law’s “Ask The Experts Market Program” each summer and fall, with podcasts and scheduled phone calls. This has been an enjoyable and productive experience for all involved.
Whether you’re fresh off the bar exam or hitting your stride after hanging a shingle a few years ago, one thing’s for certain: independent attorneys who start a solo or small-law practice live with a certain amount of stress.
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