Ex-Biglaw Partner Suspended After Insider Trading Conviction Would Really Like To Be Readmitted To The Bar

// Business concept about Insider Trading with phrase on the page.I did that [violating legal ethics rules] on my own, nobody held a gun to my head.

I wouldn’t wish an indictment and a conviction on my worst enemy, and if I could wave a magic wand and make it all go away, even if it meant removing all the personal growth I had, I would wave that magic wand.

— Robert M. Schulman, who once worked as an intellectual property litigation partner at Hunton & Williams and Arent Fox, in testimony given before the Board on Professional Responsibility of the D.C. Bar late last week. Schulman was convicted of conspiracy and securities fraud in 2017, and later agreed to a three-year suspension of his license to practice law, retroactive to June 28, 2018. In 2010, Schulman allegedly got drunk before sharing insider information, and continues to deny criminal liability.

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Staci ZaretskyStaci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.

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Biglaw, Crime, Insider Trading, Legal Ethics, Partner Issues, Quote of the Day


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Originally posted on: https://abovethelaw.com/2022/01/ex-biglaw-partner-suspended-after-insider-trading-conviction-would-really-like-to-be-readmitted-to-the-bar/