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Adequacy of Counsel, Attorneys’ Fees, and Malpractice – Wyly v Weiss

By The Editors on October 16, 2012
Posted in Lawyers

In 1998, the class action plaintiffs’ firm Milberg Weiss filed sued Computer Associates for violating the federal securities laws by lying about its revenues in order to increase its stock price. In a perfectly unremarkable development, it was appointed co-lead counsel of the consolidated class. (Various firms had filed a total of eleven complaints.) …

What Does Circle of Greed Tell Us About Plaintiffs’ Thinking?

By The Editors on March 18, 2010
Posted in Lawyers

On Tuesday, I provided a brief review of the Lerach biography Circle of Greed. Today, I want to focus on what some of the stories about Lerach can reveal about the psychology of the class-action plaintiffs’ lawyer.

I freely concede that this is about as unscientific an inquiry as one can make. For better…

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