That’s ‘Professor Bill Lerach’ to you
Tuesday, April 13, 2010
It looks like William S. “Bill” Lerach might be making an unusual transition — from litigator to inmate to professor.
Lerach, as we reported earlier, was freed from prison in early March after pleading guilty, with some of his partners at Milberg Weiss Bershad Hynes & Lerach LLP, to paying folks to serve as plaintiffs in class-action lawsuits. The case brought to an end the career of one of the most influential, and feared, plaintiffs’ attorneys in the country.
And it was a spectacular hubris-driven collapse, which was detailed in the recent “Circle of Greed: The Spectacular Rise and Fall of America’s Most Feared and Loathed Lawyer” by investigative reporters Patrick Dillon and Carl M. Cannon (I reviewed the book this weekend for the Los Angeles Times).
Now the National Law Journal is reporting that Lerach is in talks with the UC Irvine School of Law about teaching a course: “Regulation of Free Market Capitalism — Why Have We Failed?” Lerach also told the San Diego Union-Tribune that he wants to teach the course at a wide range of law schools, and that he also hopes it will count toward his required 1,000 hours of community service. Meanwhile, he’s volunteering for a veterans’ groups and a German shepherd adoption program.
Oh, and Lerach offered the Union-Tribune his own review of “Circle of Greed.”
The book is very tough on me, and it certainly exposes a lot of my faults and mistakes. I guess we all wish we were perfect but we are not, and when you have two very good investigative reporters comb through 35 years, it comes out with some blemishes for sure. On the other hand, the book presents how hard my law firm worked on behalf of our clients and how much we achieved against extremely powerful and influential interests. So, I can’t complain about the way the book came out even if I might want to change some things.