Milberg Weiss Bershad & Schulman, a leading law firm in securities class actions, may dodge indictment, but it is unclear whether the firm will be able to return to its preeminence or survive in the long run. The Los Angeles Times reports that the departure of two key partners in the six-year investigation of the firm may signal an effort on the part of Milberg Weiss to demonstrate to the U.S. Attorney’s office its eagerness to avoid indictment or at least have it deferred by cleaning up its act. The two partners, David Bershad and Steven Schulman, who left recently, were warned earlier this year that they may face indictment on charges of engaging in a kickback scheme in which individuals received referral fees so that the firm could gain lead counsel status, and the additional fees associated with it. Legal experts say that even if the firm avoids indictment, it isn’t clear how the matter would affect its ability to attract clients in the future.