William Lerach is set to retire this Friday. Currently the lead partner at Lerach, Coughlin, Stoia, Geller, Rudman & Robbins, Lerach says he’s ready to take some time off and travel. Unfortunately, that may not be possible, as Lerach is currently under investigation for his involvement with the Milberg Weiss scandal. There are rumors to the effect that Lerach has been forced to retire in order to properly handle the investigation, which he has publicly denied.
Source: law.com