Philip Bailley, 29, seemed the very model of a modern, upwardly mobile lawyer. In 1966, he was the Crescent Cities, Md., winner of the Speak Up for America contest sponsored by the Junior Chamber of Commerce. He graduated from Washington's Catholic University law school in 1969, and everybody got a good laugh when his classmates named him in the school's lampoon newspaper as the future attorney "most likely to be disbarred." He built a practice that earned him $25,000 a year, most of it in government legal fees for defending the indigent....
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