In this episode I speak with Matt Blumenstein, the Head of Underwriting and Deputy General Counsel at Statera Capital, a leading commercial litigation financing firm based in Chicago, Illinois. At Statera, Matt is responsible for leading the firm's investment underwriting and confirmatory diligence process and acts as the firm's Deputy General Counsel. Before joining Statera last year, Matt was an associate at Williams & Connolly LLP in Washington, D.C. where he litigated civil and criminal cases. He started his career as a law clerk to Judge Karen LeCraft Henderson on the United States Court of Appeals for the D.C. Circuit.
In our conversation we take a deep dive on litigation finance: what it is, the role it plays in litigation today, and some of the potential benefits and challenges that it presents. We also discuss Matt's move from Big Law practice to entrepreneurial start up, and why it is important to build networks, bet on yourself, and take chances when presented with them.
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