Power Lawyers 2011
One of New York's most prominent media M&A lawyers, Schumer was center stage this year in the $3.3 billion sale of Warner Music Group, and he repped Al Gore's Current TV in signing former MSNBC star Keith Olbermann to a five-year contract. "He's one of the most savvy dealmakers out there," says WME CFO Jason Lublin, who worked with Schumer during the WMA-Endeavor merger. Beginning in 1989 when he represented Warner Communications in its megamerger with Time Inc., Schumer has worked on NBC's $2.7 billion purchase of Telemundo in 2002 and CBS Corp.'s $2.5 billion buyout of King World Productions. "I would not do a major transaction without him," says Time Warner Cable CFO Rob Marcus. "He is an outstanding business and strategic adviser."