Photo: Tom Callins
The Susman Godfrey founder said his firm was at the vanguard of financing commercial claims. He had some advice for the growing set of investors in the field, along with skepticism about Big Law's ability to get the work right.
September 18, 2019 at 05:31 PM
1 minute read
Steve Susman thinks his law firm, Houston-based Susman Godfrey, qualifies as one of the first commercial litigation funders in the U.S.
When he launched the firm in 1980, he didn’t view it as a finance operation. But the model was similar: put the firm’s own capital towards claims on which other law firms weren’t willing to take risks.
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