Susman Godfrey reaped the benefits of this high-risk/high-return model by carefully selecting its cases and winning some of the largest jury verdicts in the country while efficiently working and trying the cases. In the 1990s, the contingency fee model transformed into a whole spectrum of alternative fees, from reverse contingency fees on the defense side, to flat fees and hybrids with both fixed and contingent components. Today, Susman Godfrey is one of the most prestigious firms to routinely work on an alternative fee basis, having mastered the practice of picking the best cases and pricing them so that both lawyer and client receive fair shares of risk and value.
Much of Susman Godfrey’s growth outside Houston resulted from the firm’s desire to keep practicing with lawyers who wanted to live elsewhere. In 1987, the firm opened its Dallas office because Terry Oxford and Barry Barnett did not want to return to Houston after spending more than a year in Dallas representing the Hunt Brothers. In 1995, the firm opened its Seattle office because Parker Folse decided to move his family there, and the partners wanted to continue practicing law with him. In 1998, the firm opened the Los Angeles office because it wanted Marc Seltzer, an attorney with whom lawyers at the firm had known and worked for two decades, to join the firm. In 2007, the firm opened the New York office because Steve Susman recognized a need there for a high-caliber litigation firm willing to work on an alternative fee basis.
Susman Godfrey L.L.P. – Providing services in the following areas of law:
Antitrust and Trade Regulation
Arbitration
Banking and Finance
Bankruptcy
Commercial Law
Commercial Litigation
Contracts
Debtor and Creditor
Employment
Energy
Environmental and Natural Resources
Environmental Law
Ethics
Family Law
Intellectual Property
International Law
Litigation
Natural Resources
Personal Injury
Product Liability
Securities
Trade Investment