Orrick, Herrington & Sutcliffe profited — and was overpaid by nearly $96,000 — from improperly handled state funds, according to a bipartisan Nevada legislative audit.

Auditors of the state’s college savings program found that $6 million in earnings from the $3.3 billion fund was held outside the state system and used to pay for various legal, marketing and other services with contracts that were not always properly approved.

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