Michael Cohen searching for new lawyers in FBI investigation

As attorneys for Michael Cohen rush to meet Judge Kimba Wood's Friday deadline to complete a privilege review of over 3.7 million documents seized in the April 9 raids of Cohen's NY properties and law office, a source representing this matter has disclosed to ABC News that the law firm handling the case for Cohen is not expected to represent him going forward.

The legal team for Michael Cohen, U.S. President Donald Trump's personal lawyer, is expected to stop representing him in the criminal investigation into his business dealings, a person familiar with the matter told Reuters.

A retired judge is reviewing more than 3.7 million items seized in the Federal Bureau of Investigation search to determine whether they should be held back from investigators because they are privileged attorney-client communications or are personal.

Mr. Trump, Cohen's client for years, bemoaned the raid of Cohen's records, declaring on Twitter the day after the raids, "Attorney-client privilege is dead!"

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A replacement firm has not been named, ABC News said.

Ryan and Harrison didn't immediately respond to messages. Those papers are expected to include Cohen's personal financial dealings, including a $130,000 payment made to porn star Stormy Daniels on Trump's behalf before the 2016 election. While the Journal's sources report that Cohen has not decided whether to cooperate, ABC reports that he will.

The U.S. Attorney's Office for the Southern District of NY is investigating Cohen for various possible crimes, including potential bank fraud and campaign finance violations. "It's an attack on all we stand for", President Trump said during a meeting with senior military leadership at the White House in April.

Trump has acknowledged that he reimbursed Cohen for the payment, but he has denied that the affair with Daniels took place.