AABANY congratulates Manisha M. Sheth, past Board Director and AABANY member and Partner at Quinn Emanuel Urquhart & Sullivan LLP, for receiving NAPABA’s 2024 Women’s Leadership Award. The award is well-deserved, recognizing Manisha’s exceptional accomplishments as a lawyer and her leadership and advancement of women’s issues within the legal profession. Manisha’s work aligns with the values and mission of AABANY, making her an inspiring leader in the larger legal community. The award was presented at the 2024 NAPABA Convention in Seattle, Washington during Saturday night’s Gala on November 9.
When asked about how she maintains an environment of fairness and equality within the workplace, Manisha highlighted three fundamental tenets. First, the need for merit-based advancement: though some aspects of the legal profession are subjective, others are not, like number of hours worked and win percentage. She emphasized a “culture of openness and transparency … because if people know how they are being evaluated and how they compare against their peers, that transparency creates a culture of performance-based advancement.” Second, the importance of treating others with respect and kindness – a simple, yet deeply important practice. And third, ensuring that everyone has an equal opportunity to stand out, particularly by hiring and retaining diverse individuals and by ensuring that cases are fairly distributed.
One of Manisha’s particularly formative experiences in her early career came during her tenure as an Assistant United States Attorney for the Eastern District of Pennsylvania from 2003 to 2008. Manisha prosecuted defendants facing both misdemeanor and felony crimes, remarking that she felt “most proud of” the cases in which the defendant was a person with an education and the means to succeed, yet instead chose to pursue criminal activities. Many of her cases involved victims and witnesses who were reluctant to testify so Manisha quickly had to learn to “read and understand the emotional side of people … [because] sometimes people are nervous to talk to you … [and] there is a reluctance to tell you what happened.” Manisha reflected that this skill of making people feel comfortable continues to help her to this day, and has become one of her most important abilities as an advocate for her clients.
Wanting to shift her focus to the “world of complex civil litigation,” Manisha decided to switch from the public to private sector, moving to Quinn Emanuel Urquhart & Sullivan LLP in New York City in 2008. At the firm, one of her most important cases was representing the Federal Housing and Finance Agency, in a historic public private partnership. She described the case as “the case of a lifetime,” working to obtain recovery against 16 of the world’s largest financial institutions due to their misrepresentations in the offering documents for Residential Mortgage-Backed Securities (RMBS) by over 400 RMBS trusts. Manisha served as lead or co-lead counsel on nine of those cases, formulating and developing the FHFA’s arguments and trial strategies. This was one of the most significant court actions taken by any federal regulator since the advent of the mortgage crisis, and the single largest set of actions ever filed by a governmental entity. All but one of the cases settled, and Manisha and her team won over $22 billion for the American tax payer. Manisha noted that the case was especially valuable because she had the opportunity to represent the federal government in private practice.
Manisha then returned to public service as Executive Deputy Attorney General for the Division of Economic Justice at the Office of the New York Attorney General (OAG). She was responsible for managing nearly 250 attorneys and staff in six affirmative litigation bureaus – Antitrust, Investor Protection, Internet & Technology, Taxpayer Protection, Consumer Frauds & Protection, and Real Estate Finance. Manisha explained that one of her primary and most rewarding responsibilities was to “identify and set the enforcement priorities” for the Division. She was also responsible for deciding whether to open an investigation, developing and implementing case strategies, and resolving cases by trial or settlement. She particularly enjoyed the position because she was able “to address problems facing New York residents,” and, under her leadership, in the year 2018 alone, the Division brought in nearly $1.4 billion in recoveries.
When Manisha decided to return to Quinn Emanuel in 2019, the Firm’s founder, John Quinn, asked her to create and lead the firm’s Sexual Harassment and Employment Discrimination practice, thereby becoming the first AmLaw 100 firm to have a plaintiff-side practice. She was also asked to lead the Firm’s Government & Regulatory Litigation Practice.
One significant case that Manisha worked on as a leader of the Sexual Harassment and Employment Discrimination practice took place in 2020, where she represented two shareholders of L Brands, the parent company of Victoria’s Secret. After Manisha and her team read an expose in the New York Times, which revealed a culture of misogyny and toxicity at Victoria’s Secret, they served a books-and-records demand on L Brands, asking it to produce any documents relevant to the issue. When the company failed to adequately comply, Manisha, on behalf of her clients, filed a books-and-records action in the Delaware Chancery Court. L Brands quickly expressed interest in resolving the matter. She later reflected that “one of the most rewarding parts of the settlement was that the company agreed to extensive corporate reform.” This included revamping their sexual harassment reporting procedure, as well as an annual audit process for all employees and models. Manisha’s actions in this case had other unintended, yet positive results; she explained that though “the allegations were more about sexual harassment … [we revealed that] in the industry, models were homogenous … [consequently] there was a call for more diversity in the public image.” L Brands committed to promoting diversity, equity, and inclusion and using data metrics to ensure that those goals were met, creating a DEI Council and hiring an external DEI consultant.
Within Quinn Emanuel, Manisha has worked to retain and support diverse individuals by ensuring that they are staffed on her matters and by serving as a mentor to summer associates each year. She has found Quinn Emanuel to be a very welcoming environment, particularly because of the Firm’s supportive leaders, saying, “The culture at Quinn is very casual and very collegial … people are always willing to help each other out … we have fun practicing together.”
Throughout her career, Manisha has also committed to strengthening and supporting the Asian American community. She served on the Board of AABANY from 2016-2019, and has attended various events as an active AABANY member. Manisha is also an active member of SABANY, previously serving on their Board of Directors from 2013 to 2015.
Please join AABANY in congratulating Manisha on receiving the NAPABA Women’s Leadership Award. To learn more about the award, please click here.