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Indicted Class Action Firm Continues To Lose Attorneys And Close Offices–Latest Lawyer Switches To Defense

Class action plaintiff firm Milberg Weiss Bershad & Schulman LLP and two of the firm’s top partners, David Bershad and Steven Schulman – indicted in mid-May 2006 for paying millions of dollars in kickbacks to clients to serve as plaintiffs – continues to top-notch trial lawyers. The latest to leave, according to Julie Creswell of the New York Times, is Patricia Hynes, who joined Milberg Weiss in 1982. Ms. Hynes’ decision is particularly intriguing because she moves from representing class action plaintiffs to defense work at Allen & Overy.

Creswell notes, “Milberg Weiss has struggled to keep lawyers, clients and crucial cases after a federal grand jury in Los Angeles indicted the firm and two of its name partners in May on criminal charges involving $11.3 million in illegal secret payments that were made to individuals who served as plaintiffs in more than 150 lawsuits over several years.” The exodus has caused Milberg Weiss to close its offices in Boca Raton, Florida and in Washington, and Creswell reports that an office is Delaware will soon follow.

Julie Creswell’s article, entitled “Another Prominent Lawyer Departs From Milberg Weiss,” may be found in Section C. of today’s edition of the New York Times.