Lawyer to Ex-WeWork CEO Neumann Wins Big by Betting on Himself

July 21, 2021, 9:56 AM UTC

Bill Carmody, the New York trial lawyer who recently helped former WeWork CEO Adam Neumann secure a reported $480 million settlement from SoftBank, considers himself a gambler.

“We want to bet on ourselves,” Carmody says of the results-based fee deals he often strikes with clients in high stakes corporate litigation. “We want to have skin in the game.”

Carmody won’t say how much SoftBank is paying Neumann—the Wall Street Journal reported the figure in late February—to resolve the dispute between the WeWork cofounder and what was once his biggest backer. He also won’t confirm or deny the Journal’s report that ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.