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Dallas Mass Torts Lawyer
Overview
Russell W. Budd is a major force in the world of plaintiff’s attorneys, having devoted his three-decade career to championing the rights of people and communities injured by corporate malfeasance. Currently Mr. Budd presides over one of the nation’s largest plaintiff’s firms, Baron & Budd, PC, headquartered in Dallas, Texas with offices in Austin, Texas; Los Angeles, California and Baton Rouge, Louisiana.
Mr...
Russell W. Budd is a major force in the world of plaintiff’s attorneys, having devoted his three-decade career to championing the rights of people and communities injured by corporate malfeasance. Currently Mr. Budd presides over one of the nation’s largest plaintiff’s firms, Baron & Budd, PC, headquartered in Dallas, Texas with offices in Austin, Texas; Los Angeles, California and Baton Rouge, Louisiana.
Mr...
Russell W. Budd is a major force in the world of plaintiff’s attorneys, having devoted his three-decade career to championing the rights of people and communities injured by corporate malfeasance. Currently Mr. Budd presides over one of the nation’s largest plaintiff’s firms, Baron & Budd, PC, headquartered in Dallas, Texas with offices in Austin, Texas; Los Angeles, California and Baton Rouge, Louisiana.
Mr. Budd, a shareholder of Baron & Budd since 1985 and president and managing shareholder since 2002, has expanded the firm from its cornerstone asbestos practice to a national firm capable of tackling the biggest defendants in areas as diverse as pharmaceutical and medical device injury, water contamination, BP Gulf oil spill, financial fraud and various other areas of practice.
Over the last decade, Mr. Budd has played significant roles in asbestos litigation on a national level. As chair and member of several asbestos creditors’ bankruptcy committees, Mr. Budd successfully resolved over 100,000 victims’ claims with some of Wall Street’s biggest companies. Mr. Budd was the chief negotiator of a $4 billion national settlement with Halliburton that established a trust fund to protect present and future asbestos victims throughout the United States – the largest asbestos trust fund of its kind anywhere in the world. He was on the committee that negotiated a $3.9 billion settlement with United States Gypsum to benefit asbestos claimants. And, he participated in negotiations that led W.R. Grace to agree to fund a bankruptcy trust on behalf of asbestos claimants with nearly $3 billion in cash and stock equity.
Under Mr. Budd’s direction, Baron & Budd provided the initial funding for the launch of the International Pleural Mesothelioma Program at Brigham and Women’s Hospital to research curative therapy for Mesothelioma, a cancer caused by exposure to asbestos. The firm has also given generously to the Asbestos Disease Awareness Organization, Lung Cancer Alliance and to other asbestos awareness advocacy organizations.
Mr. Budd serves on the Board of Governors of the American Association for Justice (AAJ) and previously served on the Board of Directors and Executive Committee of the Texas Trial Lawyers Association (TTLA).
On July 13, 2010, Mr. Budd was awarded the prestigious Harry M. Philo Award Trial Lawyer of the Year Award from the American Association for Justice (AAJ) at the organization’s annual conference in Vancouver, BC. The award was presented in recognition of his dedicated and consistent leadership in protecting the rights of individuals through the civil-justice system. In 2007, he earned the prestigious Wiedemann Wysocki National Finance Council Award from the American Association for Justice, an award honoring attorneys for their commitment to the legal profession and their efforts to improve the civil justice system.
Under Mr. Budd’s leadership, Baron & Budd has won numerous awards. The firm was recently named by National Law Journal’s to its "Hot List" of exemplary plaintiffs’ firms in the United States and has been included in the Hot List eight times.
Mr. Budd and his wife are very involved in the community and one of the causes closest to his heart is Habitat for Humanity, which gives hardworking Dallas families a chance at first-time home ownership. He has personally contributed generously to the "Building on Faith" project, a collaborative initiative between the Dallas Faith Communities Coalition (DFCC), the City of Dallas and Habitat for Humanity to build 100 affordable single-family homes in West Dallas. In addition, Mr. Budd has donated land to the City of Dallas that enabled the completion of a massive bike and hike trail. In 2010, Mr. Budd was the only attorney selected to serve on the Foundation Board of the National Comprehensive Cancer Network (NCCN).
About Russell W. Budd
Practice Areas
- Mass Torts
- Pharmaceuticals
- Fraudulent Banking
- Qui Tam
- Consumer Fraud Issues
Current Employment Position(s)
- Shareholder
Qualifications
Bar Admissions
- Texas, 1979
- Michigan, 1985
- U.S. District Court Northern District of Texas, 1981
- U.S. District Court Western District of Texas, 1983
- U.S. Court of Appeals 5th Circuit, 1980
- U.S. Court of Appeals 9th Circuit, 1985
- U.S. Court of Appeals 11th Circuit, 1981
- U.S. Supreme Court, 1985
Other Affiliations
- American Bar Association
- American Board of Trial Advocates
- American Association for Justice (Board of Governors)
- Dallas Bar Foundation – Life Fellow
- Dallas Trial Lawyers Association
- Texas Trial Lawyers Association (Board of Directors and Executive Committee)
- Trial Lawyers for Public Justice
- Trial Lawyers Care, Inc.
Education
- The University of Texas School of Law, Austin, Texas, 1979
J.D. - Trinity University, 1976
B.A.
Honors: cum laude
Classes and Seminars
- Speaker, "Multidistrict Litigation in Texas", Texas Bar Association's 28th Annual Advanced Civil Trial Course, September 28, 2005
- Panelist, "Anatomy of a Successful Asbestos Bankruptcy", Mealey's Asbestos Bankruptcy Conference, June 10, 2005
- Speaker, Andrews' Asbestos Litigation 2005 Conference, April 28, 2005
- Panelist, "Overview of 2004 and Anticipating 2005 on State and Federal Legislation Front", Mealey's Asbestos Bankruptcy Conference, December 6, 2004
- Co-Chair, "Wall Street Forum: Asbestos", Mealey Publications & Conferences Group, April 20, 2004
- Panelist, "Critical Issues in Mass Tort Litigation", Law.com, April 9, 2003
Achievements
Other Sources of Feedback About Russell W. Budd
Included on the 2023 Texas list
Past Lists
- 2022 Texas Super Lawyers list
- 2021 Texas Super Lawyers list
- 2020 Texas Super Lawyers list
- 2019 Texas Super Lawyers list
- 2018 Texas Super Lawyers list
- 2017 Texas Super Lawyers list
- 2016 Texas Super Lawyers list
- 2015 Texas Super Lawyers list
- 2014 Texas Super Lawyers list
- 2013 Texas Super Lawyers list
- 2012 Texas Super Lawyers list
- 2011 Texas Super Lawyers list
- 2010 Texas Super Lawyers list
- 2009 Texas Super Lawyers list
- 2008 Texas Super Lawyers list
- 2007 Texas Super Lawyers list
- 2006 Texas Super Lawyers list
- 2005 Texas Super Lawyers list
- 2004 Texas Super Lawyers list
- 2003 Texas Super Lawyers list
Honors
- Harry M. Philo Award Trial Lawyer of the Year Award, American Association for Justice, 2010
- Wiedemann Wysocki National Finance Council Award, American Association for Justice, 2007
- Texas Super Lawyer, Law & Politics Media, Inc.; Key Professional Media, 2003 - 2009
- Top Ten Texas Super Lawyers, Law & Politics Media, Inc.; Key Professional Media, 2006
- Public Justice Foundation's "Trial Lawyer of the Year" award, 2007 - Present
- Finalist, Public Justice Award, 2012 - Present
- Texas Super Lawyer, Thomson Reuters, 2003 - 2009
- Top Ten Texas Super Lawyers, Thompson Reuters, 2006
- 2014 - Present: The Best Lawyers in America - Mass Tort Litigation/Class Actions & Personal Injury Litigation
- Lawyer of the Year - Mass Tort Litigation/Class Actions : Best Lawyers, 2015
- Lawyer of the Year - Mass Tort Litigation/Class Actions : Best Lawyers, 2017
- 2017-Present: Top 100 Civil Plaintiff Trial Lawyers - National Trial Lawyers
Office Information
Address
3102 Oak Lawn AvenueSuite 1100 Dallas, TX 75219- 4283
Phone
Fax
- 214-523-6600
Office Hours
24 Hours
Websites
Publication
Representative Cases
- Owens-Corning Fiberglas Corp. v. Malone, 972 S.W.2d 35 (Tex. 1998)
- Pace v. Armstrong World Industries, Inc., 578 So.2d 281 (Ala. 1991)
- McCleary v. Armstrong World Industries, Inc., 913 F.2d 257 (5th Cir. 1990)
- Dow Chemical Co. v. Alfaro, 786 S.W.2d 674, cert. denied, 498 U.S. 1024 (Tex. 1990)
- Brisboy v. Fibreboard Corp., 418 N.W.2d 650 (Mich. 1998)
- Gibson v. Armstrong World Industries, Inc., 648 F.Supp. 1538 (D. Colo. 1986)
- Larson v. Johns-Manville Sales Corp., 427 Mich. 301, 399 N.W.2d 1 (Mich. 1986)
- Ridling v. Armstrong World Indus., et al., 627 F.Supp. 1057 (S.D. Ala. 1986)
- Pittsburgh Corning Corp. v. Thomas, 668 S.W.2d 876 (Tex. App. Houston 14th Dist )
- Myers v. John-Manville Sales Corp., 600 F. Supp. 977 (D.Nev. 1984)
- Privitt v. City of Irving, 666 S.W. 2d 541 (Tex. App. Corpus Christi )
- Oliver D. Smith & Peggy Ann Bowen Smith v. Crane Co. et al., No. 06CV1393 ,(122nd Jud. Dist. Ct., Galveston County, Texas )
- Martin, et al. v. Owens-Corning Fibreglas Corp., No. 91-08017-H ,(160th Jud. Dist. Ct., Dallas County, Texas )
- Stone v. Owens-Corning Fibreglas Corp., No. 92-16996A ,(201st Jud. Dist. Ct., Travis County, Texas )
- Hurley, et al. v. Owens Corning Fiberglas Corp., No. 92-09252-A ,(200th Jud. Dist. Ct., Travis County, Texas )
- Wasiak, et al. v. Owens Corning Fibreglas Corp., No. 92-02238-A ,(200th Jud. Dist. Ct., Travis County, Texas )
- Mason, et al. v. Keene Corp., No. 88-9327-A, 88-11246-A, 89-09636-A ,(14th Jud. Dist. Ct., Dallas, County, Texas )
- Yeager, et al. v. Keene Corp. and Owens Illinois, Inc., No. 88-11287-G ,(134th Jud. Dist. Ct., Dallas County, Texas )
- Sigler, et al. v. Keene Corp., No. 89-04989-G ,(134th Jud. Dist. Ct., Dallas County, Texas )
- Gardner v. Keene Corp., No. 89-10242-H ,(160th Jud. Dist. Ct., Dallas County, Texas )
- Sykes, et al. v. Keene Corp., No. 89-10326-H ,(160th Jud. Dist. Ct., Dallas County, Texas )
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