Keurig Dr Pepper’s Legal Department – ‘$1 Billion Profit Center’
This is the story of three lawyers at Keurig Dr Pepper — Jim Baldwin, Anthony Shoemaker and Stephen Cole — who took a huge risk in leading a normally conservative, litigation-adverse company in suing a business partner, the business partner’s profanity-spewing founder and Dr Pepper’s biggest and universally feared competitor, Coca-Cola. Along with outside counsel at Gibson Dunn, they took a highly complex dispute and boiled it down to one sentence in a contract. By the end, they had opposing counsel pleading with the judge to push for a settlement weeks before trial. The result: a $925 million victory and a finalist for the 2022 DFW Outstanding Corporate Counsel Award for Business Litigation of the Year.