Home

Former Lindquist & Vennum Partner Won’t Fight Disbarment
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

A former partner at Lindquist & Vennum, a 200-attorney firm based in Minneapolis, stole at least $1 million from clients and the firm and will not fight a petition to disbar him, according to a court filing by The Board of Lawyers Professional Responsibility.

Michael Margulies, a real estate and construction lawyer, was forced to resign from Lindquist & Vennum last month, according to the Pioneer Press. The resignation came in the wake of a lawsuit filed by a real estate development company, for which Margulies served as attorney, secretary and treasurer, alleging Margulies and his personal company “made numerous illicit withdrawals” amounting to almost $1.5 million in cash and credit. Margulies used the money to renovate a historic mansion he owned with his wife, the suit alleges.

In a petition to the Supreme Court filed April 8 The Board of Lawyers Professional Responsibility, a state board that recommends discipline for attorneys, said Margulies “engaged in an extensive pattern of misappropriation of client and law firm funds” beginning in 2003 and continuing through this year, the Pioneer Press found.

  
What
Where


The petition goes on to state Lindquist & Vennum has begun paying back the money stolen from clients. Eric Cooperstein, Margulies’ attorney, said his client is “really concerned that his personal failures not reflect on the law firm.”

Margulies also served on the St. Paul Planning Commission, under two different mayors, until his resignation last week.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-level Litigation Attorney

USA-CA-San Francisco

San Francisco office is seeking a mid-level litigation attorney with experience taking/defending dep...

Apply Now

Mid-level Litigation Attorney

USA-CA-San Francisco

San Francisco office is seeking a support attorney with some experience/familiarity with a litigatio...

Apply Now

Trust and Estate Attorney

USA-NY-New York City

Boutique trust and estate firm is seeking an attorney with 7+ years of experience. Candidate should ...

Apply Now

Defense Litigation Attorney

USA-NJ-Atlantic City

Atlantic City office of our client seeks defense litigation attorney with 3-5 years of experience. T...

Apply Now

RELEVANT JOBS

Civil Litigation Attorney

USA-CA-San Luis Obispo

The Bailey Law Firm is looking for a motivated, full-time civil litigation attorney with exceptional...

Apply now

Associate Attorney

USA-PA-Harrisburg

ASSOCIATE ATTORNEY: Harrisburg law firm specializing in workers comp seeks an attorney w/ 1-3 years ...

Apply now

Lateral Attorney

USA-IA-West Des Moines

Sullivan & Ward, P.C. a West Des Moines law firm, is seeking a motivated established attorney to joi...

Apply now

Workers Compensation and/or Social Security Attorney

USA-FL-Palm Coast

The candidate will be responsible for all aspects of the workers compensation case, including to, ev...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top