The Los Angeles Times reports today that Bill Lerach will leave Lerach Coughlin, the law firm he established three years ago after splitting off from Milberg Weiss. The news follows a WSJ story, by Nathan Koppel and Laurie Cohen, that Milberg Weiss partner David Bershad has opened plea negotiations with prosecutors. A grand jury indicted Bershad, Milberg Weiss, and Steven Schulman for alleged payment of kickbacks to clients in class action cases.
Barry Barnett
