Former U.S. senator and presidential candidate John Edwards, indicted for alleged campaign violations, is losing part of his trial team. The high profile Wall Street law firm that has led his defense is withdrawing.
Until now, Edwards has been represented by former White House Counsel Gregory Craig and former Associate White House Counsel Cliff Sloan from Skadden, Arps, Slate, Meagher & Flom. But apparently for both financial and tactical reasons, Edwards is switching lawyers.
Skadden, dubbed "Wall Street's most powerful law firm" by Forbes magazine, is also one of the nation's most expensive law firms, and Edwards, according to some of his friends, simply could not afford the tab.
High Profile Law Firm Withdraws From John Edwards' Defense Team
NPR: