Hollywood actor Johnny Depp has settled a lawsuit against his former manager and law firm in what is being reported as a "massive" 8-figure deal.

Depp sued his longtime talent lawyer Jake Bloom for $30 million, claiming the mega lawyer was collecting huge fees without a contract. Several years ago, Depp had won a lawsuit against the firm Bloom Hergott, allowing him to void the oral arrangements made between Depp and Bloom, who recently retired.

According to news reports, Depp’s attorney, Adam Walkman, said, "Today, Bloom Hergott provided Johnny Depp an 8-figure payment to settle Mr. Depp’s lawsuit against the firm for fraud, conflict of interest, disgorgement of over $30 million in voidable fees and other malfeasance that they engaged in over nearly two decades."

The firm countered with a statement saying, "The former law firm of Bloom Hergott, with the help of its insurance carrier, has favorably settled the litigation with Johnny Depp for a fraction of his original demand. While the firm was confident it would prevail at trial, we are nonetheless pleased with this resolution as it expedites the firm’s winding down process and allows it to get off the endless Johnny Depp litigation train."

Depp remains embroiled in two lawsuits: one filed against him by a movie locations manager over an alleged assault and his defamation case against ex-wife Amber Heard.

"Now that Bloom Hergott has settled, Mr. Depp’s legal team will turn its full attention to mopping up the hoaxes perpetrated by Rocky Brooks and Amber Heard," Depp’s attorneys reportedly said.

—Source: yahoo.com