Comments on: Milberg settles

By: It’s 8:00 pm, But The Sun Hasn’t Risen

It’s 8:00 pm, But The Sun Hasn’t Risen — Sat, 20 Dec 2008 01:53:01 +0000

[…] for plaintiffs, well, some of their best, such as Dreier and Associates and what’s left of Milberg Weiss, have been having troubles of their […]

By: June 21 roundup

June 21 roundup — Sat, 21 Jun 2008 13:10:58 +0000

[…] Sure enough, former Milberg lawyers sue the convicted ex-Milberg lawyers for breach of fiduciary duty. I was wondering when that was going to happen. [WSJ Law Blog; NYLJ/law.com; earlier] […]

By: Shopfloor » Blog Archive » New York Times Wakes Up on Milberg

Shopfloor » Blog Archive » New York Times Wakes Up on Milberg — Tue, 17 Jun 2008 15:29:04 +0000

[…] UPDATE (11:20 a.m.): More commentary from Walter Olson at Point of Law and Ted Frank at Overlawyered. […]

By: econo-bill

econo-bill — Tue, 17 Jun 2008 15:23:32 +0000

“To be clear: I’m not objecting to a deferred prosecution agreement here. Felony convictions for entities are usually effectively death sentences, and that is pointless if the guilty parties have actually left the building.”
Even if one is not skeptical about the guilty parties all having left the building, it is not necessarily pointless: seeing a law firm death sentence would encourage non-guilty would-be-partners in other law firms to be skeptical of the legality of the relatively easy money they anticipate before jumping into bed with the likes of Weiss/Lerach.

By: Doug

Doug — Tue, 17 Jun 2008 14:53:31 +0000

Isn’t the key here the statement, “the government will release a statement saying no current attorneys committed wrongdoing?” Seems like the penalties they got are fair enough, but given the innocence of current attorneys, would be nice if the government and legal world could move on.