NOTICE OF SUSPENSION AND RESTITUTION WITH CONDITIONS (By Consent)
Case No. 02-131-GA Notice Issued: June 23, 2003 Steven L. Schwartz, P 22849, Southfield, Michigan, by the Attorney Discipline Board Tri-County Hearing Panel #51.
1. Suspension - 2 Years; 2. Effective June 19, 2003.
The Grievance Administrator and respondent filed a stipulation for consent order of discipline pursuant to MCR 9.115(F)(5) containing respondent=s plea of no contest to the allegations that respondent, while an associate in a law firm, misappropriated $132,416.45 he received from clients for retainer fees and legal services.
Respondent was charged with violations of MCR 9.104(A)(1)-(4); and Michigan Rules of Professional Conduct 1.15(a)-(b); and 8.4(a)-(c). The parties agreed that respondent=s license to practice law in Michigan should be suspended for two years and that he pay restitution in the amount of $18,944.69. The parties also agreed that respondent shall be subject to conditions relevant to the alleged misconduct. Costs were assessed in the amount of $1,017.55.