Now that controversial Republican financier Doug Manchester is poised to take over the Union-Tribune, county Democrats may have reason to fear for their future.

But they can still count on at least one well-heeled local ally.

Super-lawyer Bill Lerach, who went to prison after reaching a plea deal with federal prosecutors over a client kickback scheme, is opening his La Jolla estate for a big holiday party, co-hosted by the local Democratic party and the La Jolla Democratic Club

As Don Bauder reported last year, Lerach is "residing comfortably in one of the county’s most luxurious spreads, a cliffside villa in La Jolla. He is worth an estimated $700 million.

"The government made him pay a mere $7.5 million for his crimes.

"The profane, volatile, bullying Scotch guzzler and work addict — now on his fourth marriage — can no longer practice law but is preparing to teach a course at the University of California Irvine School of Law."

The invitation to the December 18 party posted on ActBlue's website says, "For the second year in a row, the County Democratic Party will be hosting our holiday event at the stunning cliffside estate of Bill and Michelle Lerach, longtime supporters of Democratic candidates and causes.

"Guests last year were wowed by the incredible architecture, panoramic views, food and drinks, entertainment, and tours of the Lerachs’ art collection. We are delighted to be working with them and the La Jolla Democratic Club to bring you this event again! "

"The ticket price includes hors d'oeuvres, beer and wine, and nonalcoholic beverages. Proceeds will help San Diego Democrats prepare for next year’s elections."

Prices seems reasonable: $40 each, $25 for students.

Pictured: President Clinton and Bill Lerach in official White House photo