The comments followed a monologue bit in which Colbert, in explaining a news report that Cohen may flip on Trump, said: "The first sign that Cohen is about the flip is that his lawyers are not expected to work with him going forward, and replacements for the lawyers have not been named".
"It looks like once again I'm about to be proven right", Avenatti told The News Tuesday afternoon, noting he said last month that Cohen would be indicted within 90 days.
News of McDermott's looming departure from the case comes ahead of a federal judge's Friday deadline to conduct a privilege review over documents seized in the April raid of Cohen's home and offices in NY.
Giuliani told Fox News that Trump's legal team is "very comfortable" if Cohen cooperates with federal authorities.
Michael Cohen, U.S. President Donald Trump's longtime fixer and attorney, arrives to a court hearing in Manhattan in April.
According to reports, Cohen's ability to keep up the cost of the legal process he initiated was the cause of the split. If Cohen were planning to cooperate, he wouldn't need lawyers as expensive as those at McDermott, the blog says.
Federal agents stormed into Cohen's domiciles on April 9 and seized a cache of records, including communications between him and Trump.
Federal prosecutors in NY have publicly said they are investigating alleged fraud in Cohen's business dealings, but haven't disclosed details.
Legal experts have said the payment could amount to a violation of campaign finance law, which requires public disclosure of expenses meant to influence the election.
He's arranged hush-money payments to women alleging they'd had affairs with Trump. "If Trump broke the law with respect to collusion with Russian Federation during the campaign or in other respects, it is very possible that Cohen knows about it". But not good news for Team Trump.
A pardon of Cohen may not help Trump as much as people think.
Trump has worked with Cohen for years.