Phillip Adams, '72, is a professor from practice at the University of Michigan Law School. He joined the faculty as a professor from practice in 2012, after having taught as an adjunct faculty member for a number of years. He teaches courses in the area of income taxation of business enterprises, with a focus on taxation of corporations and tax aspects of complex corporate transactions.
Adams is a retired partner of Skadden, Arps, Slate, Meagher & Flom LLP. He practiced federal income tax law in the firm's New York City office as an associate (from 1972 to 1979), as a partner (from 1980 to 1995 and from 1999 to 2011), and as counsel (from 2012 to 2014). From 1996 to 1999, Adams was general tax counsel for CBS Corporation and its predecessor, Westinghouse Electric Corporation.
In his practice at Skadden, Adams advised law firm clients, including IBM, News Corporation, General Motors, Pfizer, US Steel, Goldman Sachs, Alltel, and many others, in connection with tax aspects of structuring and executing mergers, acquisitions, spinoffs, financings, and other complex corporate transactions.