Bloomberg Businessweek

A Lawyer Stalks Wall Street Banks

How Dan Brockett got a $250 million trophy to hang on his wall
Brockett, a senior litigation partner at Quinn Emanuel, in his office in New York

Matt Robinson

Ten years ago, lawyer Dan Brockett and his colleagues chose the equivalent of ditching their office jobs for careers as big-game hunters. As Wall Street cratered during the financial crisis, Brockett helped lead his firm’s move away from representing the world’s biggest banks, forgoing $1,000-an-hour defense work. Now he earns his keep by suing the very companies that used to pay his bills. He gets paid only if he wins, by getting a cut of a client’s

You're reading a preview, sign up to read more.

More from Bloomberg Businessweek

Bloomberg Businessweek1 min read
Case Closed
Since it was first introduced in 1992, the Kelly Dépêches briefcase from Hermès ($10,200) has been almost as sought-after as its celebrated namesake handbag. This iteration, new for fall, has a slimmer profile, a shorter flap for easier opening and c
Bloomberg Businessweek8 min read
Now, About That Yield Curve
The chance of a recession in 2020 has Democratic campaign strategists feverish with anticipation—while trying not to show it—and President Trump even more amped up than usual. While Trump says he’s confident of the strength of the U.S. economy, his a
Bloomberg Businessweek1 min read
Floyd
1 It all started with a table leg. Floyd co-founders Kyle Hoff and Alex O’Dell marketed their first product—a leg that can be clamped onto any surface to create a table—in 2014 via a Kickstarter campaign. The hardware drew 1,395 backers who pledged