Milberg Update
February 27, 2009
In case you missed it, the Wall Street Journal published an editorial earlier this week on the continued, all-around latest sleaziness at the notorious Milberg firm (formerly Milberg Weiss). You’d think a law firm would go totally straight after paying $75 million to settle federal charges it had engaged in an illegal, 30-year kickback scheme and seeing three leading partners hauled off to jail. But you’d be wrong.
It seems the firm agreed to keep disgraced felon/partner Melvyn Weiss on the payroll while serving his prison sentence and even picked up his legal fees. As a convicted felon, Weiss is no longer a lawyer, and the firm had to get court approval before making any payments – an unusual arrangement that was ultimately sanctioned by New York State Supreme Court Justice Herman Cahn. Then just last week, Milberg trumpeted the firm’s latest hiring: Herman Cahn.
You connect the dots.