While the attorneys at MOLM are well known for their aggressive litigation skills and extensive trial work, they all agree that it is better to settle a case on a client's terms, rather than having a judge decide the outcome.
"The legal and financial implications of employment litigation are well known to all of these folks.
Mr. Lerach is well known in the world of shareholder litigation.
He said: "It's well known that Rochdale council are knee-deep in litigation over claims of historical physical and sexual abuse and their so-called independent review is nothing more than a defence of the council.
And then, there was a reference to Vincent "Bo" Zenga, a screenwriter who was in litigation with Brad Grey, then a well known manager who is now the head of Paramount.
In the world of shareholder litigation, Mr. Lerach, who did not return calls for comment, is well known.
It was well known in the Middle Ages, and served as a practical guide for those involved in litigation.
He was well known throughout the legal community for his longtime representation of British American Tobacco Company and other clients in landmark litigation, both in the United States and abroad.
That mattered, the lawyer said, because "the litigation involves AIDS medications" and "the incidence of AIDS in the homosexual community is well known, particularly gay men".
Well, not too well known.
