Why Susman Godfrey Lawyers Are Happy to Tackle Risky Litigation

Susman Godfrey has shown it's willing to take on high-risk, high-reward lawsuits with unconventional fee structures. Its leaders say this risk appetite is ingrained in the firm's culture. "When we vote to take a case, it is a case of the firm," Kalpana Srinivasan, a managing partner at the firm, said on our podcast, On The Merits. "You hear sometimes there may be other places where there are a couple of partners who are trying to do contingent work or doing something that may be different from the traditional financial model of that firm, and then the success or failure of that matter can be very much tied to that partner. We want to take on risk as a firm." Srinivasan and her co-managing partner, Vineet Bhatia, spoke to Bloomberg Law editor Jessie Kokrda Kamens about their firm's unique culture that shies away from lateral hires, and also about why they bristle at being described as a "litigation boutique." This conversation is a part of our Leading Law Firms project, in which we score law firms using more than just traditional metrics like a firm’s bottom line. Throughout this month, we’ve been sharing interviews with the leaders of other firms like McDermott Will & Emery, Cahill Gordon & Reindel, and DLA Piper. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.