Bill Carmody (lawyer)
Bill Carmody | |
|---|---|
| Born | Manhattan, New York, U.S. |
| Education | |
| Occupation | Trial lawyer |
| Employer | Susman Godfrey LLP |
| Spouse | Catherine Carmody |
William Christopher Carmody[1] is an American lawyer and partner at Susman Godfrey LLP, a commercial litigation boutique. He is a member of the firm’s executive committee and is the senior partner of its New York office.[2] As of 2026, his hourly rate was among the highest of all lawyers in the U.S. at $4000 an hour,[3][4] though he is primarily paid based on the outcome of his cases.[5][6] He first received public recognition during the 1990s when ABC’s Nightline featured him conducting a mock trial in connection with the O. J. Simpson trial.[7][2] His clients have included Louis Bacon, Dan Loeb, Adam Neumann, the City of Baltimore, General Electric, Match Group, Uber, and Yale University. Carmody is known for representing both plaintiffs and defendants in high-stakes jury trials, often stepping in on the eve of trial.[8][9][10][11]
Early life and education
Carmody was born in Manhattan, New York, and grew up in Levittown on Long Island, New York. He was adopted along with his siblings, a sister and a late brother.[8] He attended the United States Merchant Marine Academy in Kings Point, New York, where he earned a bachelor’s degree in engineering. After graduation, he served a year at sea.[10] He later ran a nightclub in Miami before moving to Oklahoma for law school. To support himself during law school, he bartended at a Tulsa restaurant and convinced the owners to turn it into a successful nightclub.[9] In 1988, he received a J.D. degree from the University of Tulsa College of Law.[10] In 2014, he was inducted into the University of Tulsa College of Law’s Hall of Fame.[12] In 2015, the University of Tulsa named Carmody a distinguished alumni.[10]
Career
Following law school, Carmody was hired as an associate at Fulbright & Jaworski (now Norton Rose Fulbright), then the largest firm in Texas. He worked there for three and a half years before leaving in 1992 with colleague Tim Robinson to open their own Dallas trial firm, Robinson Carmody. In 1994, Carmody went on to open his own trial firm focusing on business litigation.[9]
Carmody’s first major victory came in 1996,[9] when he represented Altair Strickland, a small oil service company, in a jury trial against Chevron and secured a $61 million verdict.[13] Carmody’s downtown Dallas office included a full-size mock courtroom that was used to prepare for upcoming trials.[14]
When Carmody mailed his law firm brochure to every lawyer in the state of Texas, he caught the attention of Steve Susman, the co-founder of Susman Godfrey LLP. This eventually led to a dinner between the two men and a decades-long friendship. In 2000, Carmody joined Susman Godfrey, and in 2007, he was tapped to lead the firm’s New York office.[9]
Notable cases
In 2007, insurance company Legal & General hired Carmody six days before trial to defend one of its subsidiaries, William Penn, in a class action lawsuit brought by 25,000 policyholders alleging breach of contract and claiming damages of $108 million.[11] After a seven-day trial, the jury unanimously ruled in favor of William Penn.[15]
Carmody defended investor Dan Loeb and his hedge fund Third Point against allegations that Loeb and other hedge fund managers created a disinformation campaign about Canadian insurance company Fairfax Financial in order to drive down its stock price as part of a short-selling scheme.[16] In 2011, a New Jersey judge dismissed the Canadian insurer’s $6 billion lawsuit.[17]
As co-lead class counsel for the City of Baltimore and Yale University, he represents over-the-counter purchasers in a 2011 antitrust class action suit against financial firms accused of manipulating the London Interbank Offered Rate (LIBOR), the benchmark interest rate used when banks borrow money from one another.[18][19][20] As of 2023, $781 million in settlements have been paid to over-the-counter purchasers.[21][22][23]
In 2013, he defended L&M Arts, run by Dominique Lévy and Robert Mnuchin, in a $22.4 million breach of contract case alleging art dealers violated a confidentiality agreement in the sale of an untitled 1961 Mark Rothko painting known as the “Red Rothko.”[24] After a federal court jury trial in Dallas, Texas, the court entered a judgment for the plaintiff in the amount of $500,000.[25] The United States Court of Appeals for the Fifth Circuit reversed the judgment and the case was dismissed.[26]
Carmody defended Space Systems/Loral in a lawsuit brought by Viasat alleging more than $1 billion in damages for patent infringement.[27][28] A jury awarded Viasat $283 million in April 2014, but four months later the judge ordered a new trial on damages.[27][29] In September 2014, the parties settled the lawsuit, as well as another related lawsuit, for $100 million.[29]
In 2015, he represented David Kester, a whistleblower who claimed drug manufacturer Novartis defrauded Medicare and Medicaid programs by paying pharmacies illegal kickbacks for recommending Novartis drugs. Novartis, Accredo Health Group, and Bioscrip Corporation settled the False Claims Act charges for a total of $465 million.[30]
Hailed “the tech trial of the century,”[31] Carmody was “brought in last-minute to defend Uber,”[27] the ride-hail service, in a 2017 lawsuit brought by Waymo, Google’s self-driving car unit, over theft of trade secrets covering self-driving car technology.[32] While Waymo sought over $2 billion in damages in that case,[33] it settled after 4 days of trial.[34] In exchange for Waymo releasing its claims against Uber, Uber reportedly agreed not to use Waymo's intellectual property in their autonomous car technology and pledged to pay Waymo a settlement of 0.34 percent of Uber equity or $245 million.[35]
In 2017, Carmody represented GE Funding Capital Market Services, a subsidiary of General Electric, in a jury trial against Nebraska Investment Finance Authority (NIFA) over guaranteed investment contracts, obtaining a judgment valued at $161 million.[36][37]
Carmody served as co-lead counsel for certain California political subdivisions that claimed to be overcharged by wireless carriers Verizon, AT&T, and T-Mobile.[38] A whistleblower, OnTheGoWireless, claimed the defendants violated state false claims acts by not providing contractually required cost-savings opportunities to their government customers.[39] In 2020, the case ended with the defendants paying settlements of $125.8 million.[40]
WeWork co-founder Adam Neumann hired Carmody in his breach of contract lawsuit against SoftBank for cancelling its tender offer to buy $3 billion in WeWork stock.[11] In 2021, before the trial was set to begin, Neumann reached a confidential settlement with SoftBank and reportedly obtained $480 million in addition to $50 million to pay for Neumann’s legal fees.[41]
When dating company Match Group and IAC/InterActiveCorp were sued by the Tinder co-founders in a $2 billion lawsuit for allegedly understating the dating app’s value in 2017, the defendants brought Carmody in shortly before trial.[42][43][44] The lawsuit settled during trial in December 2021, with Match Group agreeing to pay $441 million to the plaintiffs and others who had claims in arbitration.[45]
Carmody stepped in as lead counsel for hedge fund manager Louis Bacon in his defamation lawsuit against Canadian fashion executive Peter Nygard.[46] In May 2023, Bacon secured a $203 million judgment.[47][48] The case is currently on appeal.[49]
In 2024, he served as lead trial attorney in a class action lawsuit representing subscribers against the National Football League (NFL) for violating the antitrust laws with its NFL Sunday Ticket broadcast package.[50] At the close of trial, a federal court jury in Los Angeles decided in favor of the plaintiffs and awarded a verdict of $4.7 billion in damages to the residential class and $96 million to the commercial class.[51][52] The court later vacated the jury award, citing that expert witnesses had used a flawed methodology to mislead jurors.[52] The case is currently on appeal.[53]
Carmody represented the City of Baltimore against opioid manufacturers and distributors. In 2024, he brokered pre-trial settlements for the city in the amount of $427 million.[54] In the only Baltimore opioid case to be tried, the city prevailed with a $266 million jury verdict against the pharmaceutical companies McKesson and AmerisourceBergen.[55] A Maryland judge later reduced the jury award to $52.4 million, found the city was entitled to $100 million in abatement, and entered a judgment of $152.4 million.[56] McKesson and AmerisourceBergen have appealed the judgment.[55][57]
As co-lead class counsel with attorney David Boies of Boies Schiller Flexner LLP, they got a $425 million jury verdict for the plaintiffs in the class action lawsuit Rodriguez et al v. Google.[58] The lawsuit concerned Google’s collection and retention of data from its users who believed they had opted out of having their private information tracked.[59]
Personal life
He is married to Catherine Carmody. They live in Miami Beach, Florida,[60][61] and in Water Mill, New York.[62] In 2023, they sold their condo in New York City for $7.75 million after making Florida their primary residence.[63]
References
- ^ "William Christopher Carmody". Lexology. Retrieved 2026-02-15.
- ^ a b ""Bill Carmody"". Susman Godfrey LLP. Retrieved 2026-02-15.
- ^ Thomas, David; Scarcella, Mike (2026-01-26). "As lawyer rates surge, US firm charges $4,000 an hour for top partners". Reuters. Retrieved 2026-02-15.
- ^ Lat, David (2026-02-02). "Judicial Notice (02.01.26): The $4,000-An-Hour Club". Original Jurisdiction. Retrieved 2026-02-19.
- ^ Mulvaney, Erin (2026-02-18). "Top Lawyers' Fees Have Skyrocketed. Be Prepared to Pay $3,400 an Hour". Wall Street Journal. Retrieved 2026-02-19.
- ^ Parnell, David J. (2017-11-06). "Bill Carmody Of Susman Godfrey: 'You Can't Persuade A Jury If You Can't Communicate With Them'". Forbes. Retrieved 2026-02-16.
- ^ "Nightline: The Business of Jury Selection" (1994-9-27). Prepared for the Ted Koppel Collection, 1959-2008, Syracuse University. Retrieved 2026-02-21.
- ^ a b Saul, Emily (2025-08-29). "NYLJ's 2025 Attorney of the Year: Bill Carmody of Susman Godfrey" (PDF). New York Law Journal. Retrieved 2026-02-16.
- ^ a b c d e Dewey, Katrina (2017-06-08). "The Producers: Bill Carmody of Susman Godfrey". Lawdragon. Retrieved 2026-02-15.
- ^ a b c d "Bill Carmody". TU Alumni. Retrieved 2026-02-15.
- ^ a b c Opfer, Chris (2021-07-21). "Lawyer to Ex-WeWork CEO Neumann Wins Big by Betting on Himself". Bloomberg Law. Retrieved 2026-02-16.
- ^ Schaefer, Ralph (2014-05-23). "Attorneys, judges honored at University of Tulsa College of Law Alumni Association event". Tulsa World. Retrieved 2026-02-15.
- ^ Carroll, Rick (1997-01-19). "Carmody firm may be tiny, but judgment was mighty". Dallas Business Journal. Retrieved 2026-02-17.
- ^ Friend, Janin (1999-07-25). "Carmodys breaks from traditional law firm look". Dallas Business Journal. Retrieved 2026-02-17.
- ^ Grier, Chris (2007-06-25). "New York Jury Finds in Favor of Insurer in $108 Million Class-Action Lawsuit". Retrieved 2026-02-19.
- ^ "Reporters caught up in Fairfax case". Reuters. 2011-03-07. Retrieved 2026-02-19.
- ^ Or, Amy (2011-12-26). "Court Dismisses Fairfax Financial Suit". Wall Street Journal. Retrieved 2026-02-19.
- ^ Kilar, Steve (2012-07-14). "With Libor suit, Baltimore reinforces role as banking watchdog". Baltimore Sun. Retrieved 2026-02-13.
- ^ Vaughan, Bernard (2013-03-05). "Banks urge U.S. judge to throw out Libor lawsuits". Reuters. Retrieved 2026-02-13.
- ^ "Get ready for plaintiffs' lawyer brawl over Libor class actions". Reuters. Retrieved 2012-07-30.
- ^ Stempel, Jonathan (2018-03-29). "HSBC to pay $100 million to end Libor rigging lawsuit in U.S." Reuters. Retrieved 2026-02-13.
- ^ Arcieri, Katie (2023-05-22). "MUFG, Societe Generale, Norinchukin Strike $90 Million Libor Deal". Bloomberg Law. Retrieved 2026-02-13.
- ^ Perera, Katryna (2023-07-24). "Rabobank, Lloyds, Other Banks Reach $101M Libor Deal". Law360. Retrieved 2026-02-13.
- ^ Maremont, Mark (2013-12-08). "Courtroom Brawl Begins in Dallas Over Secrecy of a Rothko Sale". Wall Street Journal. Retrieved 2026-02-16.
- ^ Holbrook, James (2015-05-15). "LLCs Not Subject To Texas Attorney Fee Statute ... For Now". Law360. Retrieved 2026-02-16.
- ^ Kinsella, Eileen (2014-09-10). "Judge's Surprise Decision Lets Rothko Flipper Off the Hook". Artnet. Retrieved 2026-02-23.
- ^ a b c Law.com (2018-02-18). "In Waymo v. Uber, an Encore Showdown for Lead Counsel at Quinn and Susman". Yahoo Finance. Retrieved 2026-02-17.
- ^ de Selding, Peter B (2014-09-07). "Loral Agrees To Pay ViaSat $100M To Settle Patent Suit". Space News. Retrieved 2026-02-17.
- ^ a b Freeman, Mike (2014-09-08). "ViaSat settles patent cases for $100M". San Diego Union-Tribune. Retrieved 2026-02-18.
- ^ "Novartis To Pay $390 Million to Settle False Claims Charge". Corporate Crime Reporter. 2015-11-20. Retrieved 2026-02-17.
- ^ Houck, John (2018-02-04). "Waymo Vs. Uber: Tech Trial Of The Century About Allegedly Stolen Trade Secrets Starts Tomorrow". Inquisitr. Retrieved 2026-02-13.
- ^ Wakabayashi, Daisuke (2018-02-08). "Waymo v. Uber Trial Opens With a Battle of Sports Metaphors". New York Times. Retrieved 2026-02-24.
- ^ "Waymo Seeks $2.6 Billion From Uber Over a Single Secret". Reuters. 2017-09-20. Retrieved 2026-02-24.
- ^ Wakabayashi, Daisuke (2018-02-09). "Uber and Waymo Settle Trade Secrets Suit Over Driverless Cars". New York Times. Retrieved 2026-02-24.
- ^ Marshall, Aarian (2018-02-09). "Uber and Waymo Abruptly Settle For $245 Million". Wired. Retrieved 2026-02-13.
- ^ Simmons, Christine (2018-10-09). "Attorney of the Year Finalist: Bill Carmody" (PDF). New York Law Journal. Retrieved 2026-02-22.
- ^ Perlman, Matthew (2018-05-16). "Titans Of The Plaintiffs Bar: Susman Godfrey's Bill Carmody". Law360. Retrieved 2026-02-22.
- ^ Thompson, Don (2020-09-24). "Verizon, AT&T reach $116 million California settlement". AP News. Retrieved 2026-02-19.
- ^ Freeman, Mike (2020-09-25). "Business Verizon, AT&T to pay $116 million to settle California whistleblower lawsuit". Los Angeles Times. Retrieved 2026-02-19.
- ^ Berg, Lauren (2020-09-24). "Verizon, AT&T To Pay Combined $116M For Calif. Overcharges". Law360. Retrieved 2026-02-19.
- ^ Eavis, Peter (2021-02-26). "WeWork's Path to Markets Is Cleared as Co-Founder and SoftBank Settle Suit". New York Times. Retrieved 2026-02-16.
- ^ Dolmetsch, Chris (2021-11-08). "Diller's IAC duped Tinder founders on phony growth, lawyer says". Los Angeles Times. Retrieved 2026-02-23.
- ^ Opfer, Chris (2021-10-19). "Match, IAC Tap High-Profile Litigator for $2 Billion Tinder Suit". Bloomberg Law. Retrieved 2026-02-23.
- ^ Dewey, Katrina (2021-11-07). "Carmody, Snyder Face Off in Tinder Valuation Battle". Lawdragon. Retrieved 2026-02-23.
- ^ Grossman, Matt (2021-12-01). "Match Group Settles Lawsuit Over Tinder's Valuation". Wall Street Journal. Retrieved 2026-02-23.
- ^ Eustachewich, Lia (2016-11-30). "Judge has no interest in reinstating billionaire's $50M defamation suit". New York Post. Retrieved 2026-02-25.
- ^ Murphy, Vanessa (2023-06-06). "Attorney heading lawsuit against pharmaceutical giants known for 'betting the company'". CBS 8 News Now. Retrieved 2026-02-22.
- ^ Fanelli, James (2023-05-05). "Hedge-Fund Manager Louis Bacon Awarded $203 Million in Defamation Case". Wall Street Journal. Retrieved 2026-02-25.
- ^ "Investor Louis Bacon wins defamation case against ex-fashion mogul Peter Nygard". Reuters. 2025-12-23. Retrieved 2026-02-15.
- ^ Helem, Lisa (2025-06-25). "Unrivaled 2025: Bill Carmody of Susman Godfrey". Bloomberg Law. Retrieved 2026-02-13.
- ^ Associated Press (2024-06-26). "NFL hit with $4.8 billion in damages over 'Sunday Ticket' antitrust case". NBC News. Retrieved 2026-02-13.
- ^ a b Associated Press (2024-08-02). "U.S. judge overturns $4.7 billion 'Sunday Ticket' judgment against the NFL". NPR. Retrieved 2026-02-13.
- ^ Florio, Mike (2025-01-22). "Sunday Ticket appeal inches forward". NBC Sports. Retrieved 2026-02-13.
- ^ Monnay, Tatyana (2024-12-10). "Baltimore's Gamble on Susman Scores $670 Million in Opioid Suits". Bloomberg Law. Retrieved 2026-02-13.
- ^ a b Pryce, Chevall (2025-10-21). "McKesson appeals $152 million Baltimore opioid judgment". Baltimore Sun. Retrieved 2026-02-13.
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- ^ Masello, David. "Staying Afloat". Palm Beach Cottages & Gardens (Winter 2024 ed.). p. 84-91. Retrieved 2026-02-14.
- ^ Kiefner, Katie (2019-05-24). "Unfussy Sophistication in the Hamptons". Architectural Digest. Retrieved 2026-02-14.
- ^ Gould, Jennifer (2023-06-27). "Famed lawyer Bill Carmody and wife sell $7.75M Bond Street stunner". New York Post. Retrieved 2026-02-25.