Jun
20
Wall Street Now Fears the Lawyer Who Used to Defend It
By-
Quinn Emanuel partner takes cut of $30 billion in settlements
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Confronting Goldman, Citigroup — and his fellow attorneys
Ten years ago, lawyer Dan Brockett and his colleagues opted for the equivalent of ditching an office job for a career as a big-game hunter.
As Wall Street cratered during the financial crisis, Brockett helped lead the firm’s move away from representing the world’s biggest banks and forgoing $1,000-an-hour defense work. Instead, he would earn his keep by suing the very companies that used to pay his bills. He’d be paid only if he won — on contingency, in which lawyers get a cut of a client’s recovery…
Wall Street Now Fears the Lawyer Who Used to Defend It
