Since its inception nearly 40 years ago,
Susman Godfrey has quickly established itself as one of the
country's premiere litigation firms.
In 1980, Steve Susman formed a Houston firm
following his success in the Corrugate Containers case,
the largest verdict in antitrust history at the time. Susman was
soon joined by Lee Godfrey in 1982. The two had a vision of trying
commercial cases on contingency, a practice then largely confined
to personal injury cases.
The firm has 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. In the
1990s, the firm's contingency fee model transformed into an entire
spectrum of alternative fees, from reverse contingent fees on the
defense side, to flat fees and hybrids with both fixed and
contingent components. Susman Godfrey's roster of recent contingent
fee successes includes: the Toyota Economic Loss Class Action
Regarding Sudden Unintended Acceleration; the Vitamin C Antitrust
Class Action; Sky v. Microsoft; Assured Guaranty v.
Flagstar; TMST v. Barclays; The Lincoln Life and
Annuity Company of New York v. Jonathan S. Berck, as trustee, et
al.; and LyondellBasell/Allianz.
There is no costly pyramid structure at Susman
Godfrey. The litigation star has more than 100 attorneys in four
offices-its Houston headquarters and rapidly growing offices in Los
Angeles, New York, and Seattle. With its legal firepower, the firm
handles truly megawatt cases across the country.
Theater of Law
In recruiting attorneys, the firm focuses on
hiring the best students coming out of the country's best law
schools: a majority of its attorneys were members of their schools'
law reviews and nearly all clerked for federal judges (including
nine for justices of the U.S. Supreme Court). If you make partner
at the firm, you'll be fitted for a pair of genuine Texas cowboy
boots, per firm tradition.
Take The Money And Run
Susman Godfrey has announced that it
will be paying a sign-on bonus to lateral lawyers accepting offers
for future employment at the firm. Effective immediately, in
addition to the firm's current structure of paying incoming lawyers
an $80,000 clerkship bonus if they clerked for one federal judge,
and a total of $100,000 in clerkship bonuses if they clerked for
more than one federal judge, the firm will also pay incoming
lawyers a $25,000 sign-on bonus.
Susman Godfrey's trial win Apache
v. W&T Offshore is included on the National Law
Journal's 2016 "Top 100 Verdicts List."The October 2016 $43.2
million verdict in favor of Susman Godfrey client, Apache, received
final judgement in June 2017 for $48.5 million based on the jury's
$43.2 million verdict, plus $2.5 million in attorneys' fees and
expenses, plus $2.8 million in prejudgment interest.
March - June 2017
Several Los Angeles attorneys have
been recognized by the Los Angeles Daily Journal. In
March 2017, Partners Kalpana Srinivasan and Steven Sklaver were
named 'California Lawyer Attorneys of the Year;' in May 2017,
Associate Davida Brook and Partner Kalpana Srinivasan were named
'Top Women Lawyers in California;' in June 2017, Partner Steven
Sklaver will be named one of the "Top Plaintiff Lawyers in
Class Action Champs
Susman Godfrey was named a 'Class
Action Group of The Year' by Law360. Due to its banner
2016, which was marked by over one billion dollars in settlements
for a variety of plaintiffs across the U.S., the firm was one of
just five law practices selected nationwide to this list, and one
of just three law practices doing plaintiff-side class action work
among over 600 submissions across all practice areas.
Show Me The Money!
In December 2016, the firm made seven
new partners and announced big, market-beating bonuses.
Minimum bonuses ranged from $40,000 for associates with one full
year at the firm, to $120,000 for associates with six full
years. Many associates received even larger amounts, and the
seven new partners each took home nearly half a million dollars in
compensation. Founder Steve Susman confirms that the firm
continues its strong commitment to providing associates with
greater responsibility, more money, and a faster equity partnership
track than its competitors.
You Know What's Cool? A Billions
Susman Godfrey secured more than one
billion dollars in class action settlements for clients in 2016.
With over half a million dollars for a class of automobile owners
in In Re: Automotive Parts Antitrust
Litigation; up to $73
million for a class of owners of recordings in Flo & Eddie
Inc. v. Sirius XM Radio Inc.; $168for a class
of animators in "In Re: Animation Workers Antitrust
Litigation"; and $244 million for a class of more than 500
consumer packaged goods companies inThe Dial Corporation v.
News Corporation; Susman Godfrey has proven to be a leader in
the field of high-stakes class action litigation.