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The spring of 2000 was an exciting time for John Clarey, who'd signed a letter of understanding to sell his Internet communications company for $150 million. But today, like many Internet entrepreneurs of the '90s, Clarey's fortune has evaporated. He's filed a $70 million legal malpractice lawsuit against L.A.-based Sheppard, Mullin, Richter & Hampton, claiming that his lost fortune was the direct result of bad lawyering.
February 28, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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