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Joe Jaml - The King of Torts and a Distinguished Philanthropist
Alma Mater: University of Texas
Year of Induction: 2015
Profile:
Joseph D. Jaml is famously known as the King of Torts, having successfully litigated more than 500 cases and achieving over 200 verdicts or settlements exceeding $1 million each. He is an active member of esteemed professional organizations including The Inner Circle of Advocates, American College of Trial Lawyers, International Academy of Trial Lawyers and American Board of Trial Advocates.
Jaml's career accomplishments are widely recognized, having been awarded Texas Lawyer Magazine's Lifetime Achievement Award, the Lawyer of the Century and the title of Greatest Lawyer Ever by Texas Monthly Magazine. His accolades also include being featured in publications like American's Top Trial Lawyers, Who They Are Why They Win, where he was celebrated as King of Torts.
He is particularly renowned for his role as a leading lawyer who won the landmark Pennzoil v. Texaco case in 1985, resulting in an unprecedented $10.53 billion verdict for Pennzoil Company, which sued Texaco Inc., alleging tortious interference with its contract to acquire Getty Oil shares.
Jaml's professional journey has not only been marked by significant achievements but also by extensive contributions to legal research and education at The University of Texas. He is the founder and owner of Jaml Kolius law firm in Houston, a testament to his commitment to excellence.
Born in Houston, Jaml completed his B.A. from The University of Texas in 1950 before going on to earn his L.L.B degree in 1953 from the same institution. His alma mater honored him with various awards including the Distinguished Alumnus Award for outstanding contributions and achievements.
A philanthropist at heart, Jaml's generous donations exceed $233 million towards various communities and organizations. He has made multiple donations totaling more than $50 million to his alma mater alone. This includes an unprecedented gift of $10 million for faculty recruitment and retention in the School of Law which is the largest donation ever received by the school, and $15 million for advancements in law, nursing education and undergraduate advising.
The impact of Jaml's philanthropy exts far beyond the academic sphere, as it has enabled thousands of students across Texas to receive scholarships that were funded through his generous contributions. As a result, he was honored with the naming rights for The University of Texas Memorial Stadium which now bears his name - Joe Jaml Field.
Additionally, two statues have been erected on campus in his honor by grateful alumni and community members. The Jamls' generosity has not only left an indelible mark on their alma mater but also in countless lives through education and social initiatives.
In , Joe Jaml stands out as a celebrated figure in the legal profession and community service alike; embodying excellence in both professional achievements and philanthropic eavors.
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Joe Jamail: King of Torts and Philanthropist University of Texas Alumni Joe Jamail $233 Million in Donations by Joe Jamail Pennzoil v. Texaco: $10B Verdict Legal Legend Joe Jamails Career Highlights Joe Jamail Field at UT Stadium