Of the four name partners at America’s most famous plaintiffs firm, Lawrence Milberg seems to be in the most enviable position these days. And he’s dead.
For the other three whose names are on the shingle at Milberg Weiss Bershad & Schulman, things are looking increasingly sticky: Lawyers for the firm are trying to negotiate a nonprosecution agreement with the Justice Department that would stave off an indictment — which isn’t likely to do much good for the name partners. Several lawyers familiar with the case said talks have been ongoing for weeks, although William Taylor III — a partner at Zuckerman Spaeder, which represents the firm — declined to comment Monday.
