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The painstaking process of breaking up the giant plaintiffs law firm Milberg Weiss Bershad Hynes & Lerach is taking several months longer than expected due to a number of complications, sources within the firm report. The delay stems from the complexity of issues, including how to account for the assets that exist as future profits. The 200-lawyer firm said in June that it was dividing into an eastern firm led by senior partner Melvyn Weiss and a western one led by partner William Lerach (left).
December 15, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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