Michael Cohen, President Donald Trump's longtime personal attorney, is parting ways with his legal team as he continues to face a federal criminal investigation, according to a person familiar with the case. She said that a source close to Cohen said "his lawyers got a call from lawyers at the Southern District of NY saying they were preparing paperwork".
To date, Cohen has been represented by Stephen Ryan and Todd Harrison of the Washington and NY firm, McDermott, Will & Emery LLP.
Cohen has reportedly made the decision as his lawyers race toward a Friday deadline to complete a privilege review of documents seized from his home and office in April. With no representation, Cohen is "likely" to flip.
The criminal probe into Cohen's business dealings stems in part from a referral by Special Counsel Robert Mueller, who is investigating whether Trump's 2016 campaign colluded with Russian Federation to influence the USA presidential election.
Less than 1% of the documents seized in the Federal Bureau of Investigation raid of Cohen's offices were said to be protected under attorney-client privilege.
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"Michael Cohen, I think, would tell you he's got nothing incriminating with the president", the attorney said.
The two later said they met through mutual friends - not Daniels or President Trump - and chose to try their hand at debate and talk show.
Cohen's business is now under investigation in Manhattan, which includes the controversial $130,000 hush money payment made to porn star Stormy Daniels just before the 2016 presidential election.
The McDermott lawyers representing Cohen are Stephen Ryan and Todd Harrison. Cohen is under investigation for bank fraud and violating campaign-finance law.
Trump has said he never had an affair with Daniels. His new attorneys will rack up considerable billable hours familiarizing themselves with the seized documents he and the Trump organization just paid 15 of Cohen's soon-to-be former attorneys to comb through.
He added that despite earlier reports, he talked to Cohen and doesn't think he will flip.
But there's little question that Trump is very anxious about what Cohen might tell prosecutors.