Elawvate

What It Means to Have “It” with Steve Yerrid

Episode Summary

Tampa Florida trial lawyer Steve Yerrid has done it all. He was a boxer in his youth and a fighter for justice in his career as a trial lawyer. Steve was the youngest member of the Tobacco “Dream Team,” which secured a $17 billion settlement from Big Tobacco and numerous changes in their business practices which have saved thousands of lives. Steve has many record setting jury verdicts. He has served as personal counsel to NY Yankees’ owner George Steinbrenner. And he has given back to his community through his Yerrid Foundation. Steve has authored several books and has frequently spoken on the topic of what separates those would achieve greatness (i.e., those who have “it”) from everyone else. Join Rahul and Ben for their fascinating conversation with Steve as he shares aspects of his incredible career and things that have shaped his approach to trying cases and success in life.

Episode Notes

Tampa Florida trial lawyer Steve Yerrid has done it all.  He was a boxer in his youth and a fighter for justice in his career as a trial lawyer.  Steve was the youngest member of the Tobacco “Dream Team,” which secured a $17 billion settlement from Big Tobacco and numerous changes in their business practices which have saved thousands of lives.  Steve has many record setting jury verdicts.  He has served as personal counsel to NY Yankees’ owner George Steinbrenner.  And he has given back to his community through his Yerrid Foundation.  Steve has authored several books and has frequently spoken on the topic of what separates those would achieve greatness (i.e., those who have “it”) from everyone else.  Join Rahul and Ben for their fascinating conversation with Steve as he shares aspects of his incredible career and things that have shaped his approach to trying cases and success in life.

 

About Steve Yerrid

https://www.yerridlaw.com/attorneys/c-steven-yerrid/

In a city like Tampa, Florida, a coastal metropolis steeped in history, the list of well-known names and larger-than-life personalities is rich and lengthy, but few names resonate with the same renown as Steve Yerrid.

Yerrid, a trail-blazing trial lawyer for more than 45 years, has built a legacy that continues to evolve, fueled by a relentless desire to help as many people as possible, whether seeking and securing justice on their behalf in the courtroom or selflessly devoting his time and donating a substantial portion of his accumulated wealth to bettering the world around him.

 

In an age where importance and social impact are measured by likes and subscribers, instead of hard work and good deeds, Steve remains a practitioner of the old ways, always leading by example and putting the needs of others first.

 

Whether meeting each client of his firm personally or taking time to deliver much needed food to the area’s most vulnerable and less fortunate, he is and has always been one-of-a-kind, a determined legal and social warrior the likes of which are a rarity in today’s world.

Yerrid has experienced a career of noteworthy achievements, including over 300 verdicts and settlements of $1 million or more for individuals and the families of those injured or killed by the wrongdoing of others.

 

Among those was a jury verdict of $217 million, the largest medical malpractice award in Florida’s history, and the nation’s largest verdict in 2006. In 2009, he again obtained the country’s largest verdict rendered in a wrongful death case that year, with a jury award of $330 million.

 

When he was just 30 years old, Yerrid received international recognition in one of the world’s largest maritime tragedies. In utilizing a rare “Act of God” defense, he was able to secure the complete exoneration of Captain John Lerro, the accused pilot in command of a large 608-foot bulk freighter which, during an unpredicted storm packing hurricane force winds, was blown off course and struck the mammoth Sunshine Skyway Bridge, collapsing its center span and tragically claiming 35 innocent lives. 

 

Not a decade has passed that Steve has not left an indelible mark.

 

In 2010, confronted by one of the largest environmental catastrophes in history, then-Governor Charlie Crist appointed him as Special Counsel regarding the Deepwater Horizon oil spill disaster and its aftermath. Yerrid gave his time, costs, and efforts for nearly a year to the people of Florida as a public service. As a result, The Florida Justice Association presented him with the Outstanding Pro Bono Award, a special recognition given only every several years.

 

Yerrid also was retained by the City of Tampa to hold BP responsible for the economic damages it sustained as a result of that disaster. He successfully obtained a $27.5 million settlement in July 2015. It was the largest recovery paid to any municipality by British Petroleum.

 

In the 1990’s, as the youngest lawyer appointed by the late Governor Lawton Chiles to an 11-member “Dream Team” of private lawyers, Steve undertook a leading role in Florida’s landmark lawsuit against the previously unbeaten cigarette industry. The case resulted in the biggest monetary settlement that had occurred in U.S. history, ultimately topping $17 billion. In addition, he and the Dream Team members succeeded in obtaining unprecedented advertising concessions that permanently prevented marketing aimed at children, eliminated cigarette billboards, vending machines, Joe Camel, the Marlboro Man, and established youth tobacco prevention programs across the United States.

 

As a result of his success, tenacity and integrity, Steve has long been sought out to take on important and precedent-setting cases.

 

He was honored to be appointed as Special Counsel to the Office of the Chief Judge (13th Judicial Circuit) and the Florida Conference of Circuit Judges. In representing Florida’s entire judiciary, he successfully argued before the Florida Supreme Court and protected state judges and staff from public disclosure of confidential records and internal communications within the court system.

 

Yerrid is a lifetime member of the prestigious Inner Circle of Advocates, an “invitation only” organization whose membership consists of the top 100 trial lawyers in the United States. He is a past recipient of the Perry Nichols Award, bestowed by the Florida Justice Association (FJA) as its highest honor in recognition of a lifelong pursuit of justice, and in 2013, he received the Excalibur Award for exemplifying leadership and commitment at the highest level of Florida’s civil justice system, an honor bestowed on only four Florida trial lawyers.

 

In 2016, he was voted into the National Trial Lawyers Hall of Fame. Steve also is the recipient of several FJA Eagle Awards (Gold, Silver and Crystal), including recognition as the first donor to achieve the $1 million-dollar-level of giving to the FJA’s educational efforts designed to protect and improve the American system of justice; currently serves as a Distinguished Fellow in the FJA; has been named Top Lawyer in the Nation by Lawyers USA; was selected by the National Law Journal as a top ten litigator; honored by the American Board of Trial Advocates a Diplomate as well as Trial Lawyer of the Year (Tampa Bay); and the recipient of numerous other honors and recognitions through his career too numerous to specifically reference. He has been continuously listed in Best Lawyer in America over the last five decades.

 

Steve Yerrid, a Georgetown University Law Center graduate has long been one of the country’s top catastrophic injury and wrongful death trial attorneys, having secured over 300 verdicts and settlements of $1 million or more. 

 

This year the jury awarded $15 million in damages to each parent for mental anguish, plus burial expenses of $7,502.00. The verdict total was $30,007,502.00. 

 

In 2006 - A $217 million verdict was obtained for the client and his family. It is the largest medical malpractice verdict in Florida’s history, and the top national jury verdict of its kind in 2006. 

 

1990s, Mr. Yerrid was selected by the late Gov. Lawton Chiles as the youngest member of the 11-member “Dream Team” of private trial lawyers. He took a leading role in Florida’s landmark lawsuit against the previously unbeaten cigarette industry. The case resulted in the biggest monetary settlement in the nation’s history at the time, ultimately topping $17 billion. 

 

The mantra that everyone should have a shot at happiness, success and living the American dream led to the formation of The Yerrid Foundation almost four decades ago.   The self-funded family foundation has made significant donations to more than 700 causes and charitable organizations locally, nationally, and even internationally, with an emphasis on children’s issues, pediatric cancer research, the welfare of veterans, and domestic abuse victims.