October 23, 2005
Harriet Miers' Business Acumen
Posted by Gordon Smith

Some people are still gushing irrationally about Harriet Miers' business acumen. Did they read about this malpractice debacle at her law firm?  While she was the managing partner! In describing the story, Larry Ribstein wrote:

While Harriet Miers was managing her law firm – one of her main business and leadership resume items – the firm paid more than $30 million in two separate settlements.  What’s more, the money was paid by the Attorneys' Liability Assurance Society Inc., on whose board she served.  In fact, she was on the claims management and loss prevention committee that reviewed malpractice allegations against the coop’s members and made sure they were paying attention. ALAS no longer insures Miers’ firm.

As Larry notes later in his post, we don't know many of the details underlying the malpractice claims because they were settled, but I find it more than a little ironic that the President who signed Sarbanes-Oxley has nominated someone with this sort of management history. And then used her term as a managing partner as a credential for sitting on the Supreme Court!

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