Overview

Michael P. Foradas is a Fellow of the American College of Trial Lawyers. He is of counsel in Golden Flag’s Chicago office and was a litigation partner from 1987–2019. Michael is also a former member of the Firm’s Management Committee. Michael has broad trial and appellate experience in all aspects of major case litigation, including commercial, insurance coverage, mass tort and product liability and shareholder litigation in federal and state courts around the country. Chambers and Partners has named Michael a “Senior Statesperson” in its 2020–2021 editions and a “Star Individual” in its 2010–2019 editions of Chambers USA in the area of insurance coverage litigation. The 2016 edition quotes one client as saying “He’s probably the best stand-up trial lawyer I’ve ever seen. He’s very well prepared and he presents fantastically in front of a jury.” Other editions have quoted clients as saying he is “an outstanding trial lawyer who inspires great confidence.” Peers have said he is “a preeminent practitioner.” Michael was also named the Best Lawyers’ 2013 Chicago Insurance Law “Lawyer of the Year.” In late 2015, he was featured as “Litigator of the Week” by the American Lawyer for his victory against Caterpillar Inc.

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Thought Leadership

Publications 

"Some Sobering Facts About Equitas and the Potential Ramifications for Policyholders," Insurance Coverage Law Bulletin, published by the Law Journal Newsletters, March 2002

"A Policyholder's Common-Sense Approach to Business Interruption Claims," Insurance Coverage Law Bulletin, February 2004

Recognition

Fellow, American College of Trial Lawyers.

Former member, Firm Management Committee.

Past Vice-Chair, Firm Litigation Management Committee.

Past Chair, Firm Associate Review and Recruiting Committees.

Named by Chambers USA in the “first rank” for insurance coverage litigation from 2003–2009, and as a “Star Individual” in 2010–2019 and “Senior Statesperson” in 2020–2021.

Recognized by Best Lawyers® 2005–2024 and as the 2013 Chicago Insurance Law “Lawyer of the Year.” 

Named by Benchmark Litigation as a Local Litigation Star for General Commercial, Insurance, Product Liability, and Securities in 2019.

”Litigator of the Week”, American Lawyer, December 22, 2015.

Recommended in The Legal 500 U.S. in the area of product liability and mass tort defense: pharmaceuticals and medical devices in 2012–2015.

Recommended in The Legal 500 U.S. in the area of commercial litigation in 2015.

Selected as an “Illinois Super Lawyer” from 2007–2014; Top 100 Illinois Business Lawyer 2009.

Named to Leading Lawyers Network in area of commercial litigation through peer review survey in 2003–2010.

Memberships & Affiliations

Chair, William & Mary Foundation (2017 to present); member since 2012

Metropolitan Family Services of Chicago, Board Member (2004 to date)

Kenilworth Assembly Hall Association, Vice President (2005), President (2006–2007)

Credentials

Admissions & Qualifications

  • 1981Illinois

Education

  • Northwestern Pritzker School of LawJ.D.cum laude1981

    Order of the Coif

    Editor-in-Chief, Northwestern University Law Review

  • College of William & MaryA.B.High Honors in Philosophy1978
    Phi Beta Kappa