A Democratic presidential hopeful was paid millions of dollars for legal work she did in the past few decades, publicly released records revealed on Dec. 8.
Presidential candidate Sen. Elizabeth Warren (D-Mass.) has succumbed to political pressure that she reveal how much money she made as an attorney. Her campaign team confirmed Warren received about $1.9 million in legal fees from nearly 40 out of 60 cases she advised on dating back to the 1980s.
“[The list includes] all the income she earned from each case that we have been able to determine from public records, Elizabeth’s personal records, and other sources,” campaign spokesperson Kristen Orthman told the Associated Press.
Some of her many clients included Dutch financial institution Rabobank, which became a creditor in the Enron bankruptcy, former directors of Getty Oil who were involved in Texaco’s bankruptcy, and women whose allegations of health issues were jeopardized when former silicone breast implant maker Dow Corning filed for bankruptcy in the year 1995.
These cases stated Warren served as a consultant, mediator or expert witness in addition to being counsel. Her largest known payment was nearly $187,000 for a case filed in 1995.
“[Warren] represented a well-known chain of department stores to make sure that it could stay alive and pay its creditors,” Orthman said. “Elizabeth succeeded and the company continued to employ people across its many stores.”
The spokesperson defended the amount Warren was paid by saying the candidate refrained from selling “access to her time.”
“No closed door big-dollar fundraisers, no bundling program, no perks or promises to any wealthy donor,” Orthman said.
The campaign team believes disclosing this information provides a better insight into Warren’s business income rather than her personal income, which was separately disclosed in her past tax returns. Tax documents do not fully itemize earnings in the same way as the latest company information does, according to the spokesperson.
The candidate has enjoyed a steady rise in opinion polls throughout the summer campaign but the Associated Press has seen evidence that in recent weeks voter support has run out of steam and now appears to be “plateauing or beginning to slip.”
Warren taught at Harvard Law School before being elected to the Senate in 2012.
In comparison Mayor Pete Buttigieg, a Democrat from South Bend, Ind., appears to be rising in opinion polls enough to make him what the news agency calls a “frontrunner” ahead of the leadoff Iowa caucuses that are expected to be held in less than two months’ time.