So, who are they? Here's a quick look at the richest attorneys in the entire world, ranked from the lowest net value to the highest. Please be aware that the individuals on this list are all practicing lawyers or judges. There are plenty of additional "lawyers" using a considerably higher net value, but they just have a law degree and no more use it.
Vernon E. Jordan Jr.: $12 million
Born in 1935, Jordan has enjoyed a very long law career that started after his graduation from Howard University. (In addition, he holds more than 70 honorary degrees from various colleges and universities.) He is currently the senior council, focusing on overall council, business, and international law, in Akin, Gump, Strauss, Hauer, and Feld LLP. His early career focused primarily on civil rights, while he later served as an advisor to President Clinton. Most of his fortune was earned by representing substantial businesses, such as Xerox and American Express, in addition to spending time as Wall Street banker.
Richard Scruggs: $1.7 billion
A 1976 graduate of the University of Mississippi School of Law and also a prominent trial lawyer, Richard Scruggs is best known for his love of tobacco and asbestos cases as well as the fact he won more than $1 billion in judgements against various businesses. He was also highly involved in 2000's Ritalin class action lawsuits, as well as the 2003 case against Lehman Brothers for which he won a $51 million verdict. But in 2007, he was accused of judicial bribery. In 2008, he pled guilty and eventually served six years in federal prison. Today, in age 70, he has finished his sentence and has kept his massive fortune.
William Lerach: $900 million
Although he had been disbarred in 2009 because of his involvement in a kickback scheme, William Lerach had a rewarding career as a corporate lawyer with a specialization in private securities class action suits for over 30 decades, which is the way he gathered his considerable fortune. Nicknamed the "King of Pain" and frequently known as the most feared lawyer in American through his heyday, Lerach, a University of Pittsburg School of Law graduate, holds the record for the largest sum ever regained at a group of securities class actions lawsuits for its $7.12 billion decision he obtained against Enron.
Harish Salve: $6 million
At 59 years old, Harish Salve has worked hard to develop a reputation as one of India's best (and most expensive) attorneys, specializing in commercial, constitutional, and tax law. Salve, who comes from a long line of attorneys and formerly served as the Solicitor General of India, currently charges customers about $45,000 per day. In addition to representing several government entities, large corporate customers, and industrialist Mukesh Ambani, he has represented Bollywood stars in criminal cases. In fact, he's frequently referred to as famed actor Salman Khan's "guardian angel" for keeping him out of jail on a hit and run charge. (Indian prisons are notorious for harsh conditions)
Mark Geragos: $25 million
A 1992 graduate of Loyola Law School, Mark Geragos is a criminal defense lawyer who has also been involved in a number of landmark civil litigation class action cases. He has represented everyone from Chris Brown, Michael Jackson, and Winona Ryder to Scott Peterson and Susan McDougal. Named "One of the 100 Most Influential Attorneys in California," he holds a listing for a few of the top 10 verdicts in California history to get a 2008 situation in which he obtained a jury verdict awarding more than $38 from a pharmaceutical company. He currently serves as a managing associate at Geragos and Geragos.
No comments:
Post a Comment