Arbitrator Kenneth Feinberg Biography – Age, Net Worth & Personal Life

In short

Kenneth L. Feinberg is an American attorney, arbitrator, and public policy expert best known for leading major compensation programs after the September 11 attacks and the Deepwater Horizon oil spill.

Early Life and Legal Education

Kenneth L. Feinberg was born on January 5, 1952, in New York City, New York, United States. He attended the Bronx High School of Science, a selective public magnet school known for its rigorous academic program. Feinberg earned a Bachelor of Arts in economics from the University of Michigan in 1973 and subsequently enrolled at Columbia Law School, where he received his Juris Doctor in 1976. While at Columbia, he served on the editorial board of the Columbia Law Review and graduated with honors, laying a foundation for a career at the intersection of law, policy, and dispute resolution.

Entry Into Law or Public Service

Following graduation, Feinberg clerked for Judge Charles M. Swift of the United States District Court for the Eastern District of New York. He then joined the law firm of Brown & Wood (now part of Sidley Austin) as an associate, focusing on corporate and securities matters. In 1979, he entered public service as counsel to the United States Senate Committee on Banking, Housing, and Urban Affairs, where he worked on legislation affecting financial institutions and consumer protection. This experience provided Feinberg with a detailed understanding of federal regulatory processes that would later inform his work on large‑scale compensation schemes.

Major Cases, Roles, and Career Milestones

Feinberg’s career is distinguished by a series of high‑profile appointments that required the design and administration of complex compensation programs.

1. 9/11 Victim Compensation Fund (VCF) – In 2004, President George W. Bush appointed Feinberg as Special Master of the September 11 Victim Compensation Fund. The statute, enacted by Congress, authorized a $7 billion fund to compensate victims of the terrorist attacks on the World Trade Center and the Pentagon. Feinberg oversaw the development of eligibility criteria, the establishment of an electronic claims‑processing system, and the distribution of more than $7 billion to over 5,000 claimants. The VCF is widely cited as a model for rapid, large‑scale restitution following a national tragedy.

2. BP Deepwater Horizon Oil Spill Claims Settlement – In 2010, after the explosion of the Deepwater Horizon drilling rig in the Gulf of Mexico, the U.S. Department of Justice appointed Feinberg as the Special Master for the BP Deepwater Horizon Oil Spill Claims Facility. The program, authorized by the RESTORE Act, ultimately approved more than $20 billion in compensation to individuals, businesses, and governments affected by the spill. Feinberg’s role required balancing complex scientific evidence, environmental damage assessments, and claims from a wide range of stakeholders.

3. National Security and Financial Crisis Commissions – Feinberg served as a senior advisor to the National Commission on the BP Deepwater Horizon Oil Spill (2010‑2011) and later participated in the Financial Crisis Inquiry Commission (2009‑2011), providing legal expertise on settlement structures and claims administration.

4. Private‑Sector Leadership – After his work on the VCF, Feinberg joined the Washington, D.C., office of the law firm Greenberg Traurig as a partner in its litigation and arbitration practice. He continued to advise corporations and government entities on dispute resolution, risk management, and the design of compensation mechanisms. In 2017, he was appointed by the Department of Transportation to lead the Multi‑Carrier Settlement for the San Bruno pipeline explosion.

Legal Philosophy and Professional Style

Feinberg is widely recognized for a pragmatic, data‑driven approach to dispute resolution. He emphasizes transparency, procedural fairness, and the use of technology to streamline claims processing. In public statements, he has articulated a belief that large‑scale compensation programs must balance speed with rigorous verification to preserve public confidence while delivering timely relief.

Feinberg’s arbitration style reflects a blend of traditional common‑law reasoning and modern administrative law principles. He often draws on interdisciplinary expertise—economics, engineering, and public health—to inform settlement calculations, an approach that has been praised for its comprehensiveness and criticized by some scholars for blurring the line between adjudicative and administrative functions.

Reception, Awards, and Controversies

Feinberg’s work has earned bipartisan recognition. In 2005, he received the American Bar Association’s “Award for Outstanding Contribution to the Advancement of Dispute Resolution.” The U.S. Department of Justice honored him with the “Attorney General’s Award for Exceptional Service” for his leadership of the VCF. He has also been elected a Fellow of the American College of Trial Lawyers and the International Academy of Trial Lawyers.

While largely lauded, Feinberg’s administration of the VCF and the Deepwater Horizon fund has faced scrutiny. Critics have argued that the eligibility thresholds excluded certain claimants, particularly low‑income individuals lacking legal representation. In response, Feinberg publicly acknowledged the challenges of balancing fiscal constraints with equitable outreach, and he advocated for subsequent legislative amendments to broaden access.

Legacy and Legal Impact

Kenneth Feinberg’s legacy rests on the creation of durable models for mass compensation that blend administrative efficiency with procedural fairness. The VCF’s online claims portal set a precedent for digital case management in government‑initiated restitution programs. The Deepwater Horizon settlement demonstrated how a single “master” can coordinate multi‑party claims across federal, state, and private actors, influencing later disaster‑response frameworks.

Legal scholars cite Feinberg’s work when discussing the evolution of “alternative dispute resolution” (ADR) within the public sector, noting that his programs expanded the scope of arbitration beyond commercial disputes to encompass large‑scale public harms. His emphasis on clear, pre‑approved settlement formulas has informed subsequent legislative drafting, including the Terrorism Victims Protection Act of 2002 and the Oil Pollution Act amendments of 2010.

Beyond specific programs, Feinberg’s career exemplifies a hybrid professional path that integrates private‑practice litigation, federal policy advising, and quasi‑judicial administration. Future generations of attorneys and arbitrators often reference his methods in law‑school curricula on ADR, public‑policy design, and mass‑tort litigation.

Frequently asked questions

What is Kenneth Feinberg’s role in the September 11 Victim Compensation Fund?

He served as Special Master, designing eligibility criteria, overseeing claim processing, and distributing over $7 billion to victims and families.

How did Feinberg’s work impact disaster‑related compensation law?

His administration of large‑scale funds introduced digital claims management, transparent settlement formulas, and a hybrid ADR model now referenced in subsequent federal disaster legislation.

Is Kenneth Feinberg still active in arbitration today?

As of 2026, Feinberg continues to serve as a senior arbitrator and advisor on complex settlement matters, although he no longer holds a formal government appointment.

References

  1. U.S. Department of Justice, "September 11th Victim Compensation Fund – Final Report" (2008)
  2. The New York Times, "Kenneth Feinberg, the Man Who Mediates Big Money Disasters" (June 24, 2011)
  3. American Bar Association, "Award for Outstanding Contribution to the Advancement of Dispute Resolution" (2005)
  4. Greenberg Traurig LLP, "Kenneth L. Feinberg – Biography" (firm website, accessed 2026)
  5. Congressional Record, "Appointment of Kenneth L. Feinberg as Special Master for the Deepwater Horizon Claims" (2010)

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