"Isn't this rewarding failure"
Quite simply YES but in view of the previous 2011 court ruling not entirely surprising if only Haringey Council had settled back then.
......."If the current figure claimed is correct, the package is worth more than the minimum suggested by senior judge Lord Neuberger in his ruling, in which he said she was entitled to a minimum of three months' salary, which would have amounted to £33,000, plus pensions contributions"..........
http://www.telegraph.co.uk/news/uknews/baby-p/10410698/Baby-P-boss-Sharon-Shoesmiths-payout-shocking.html