Milberg is vigorously opposing a former partner’s attempts to extract money from the firm after a merger, claiming that his demands would “pose a grave danger” to the firm’s ability to continue representing clients.
The firm pointed to pressures—including lower profits and increasing competition—that led to a “strategic partnership” announced last year, and said the new Milberg firm created through the combination, Milberg Tadler Phillips Grossman, hasn’t made any distributions of profits to partners.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]