"Today, I signed a consent order in the lawsuit brought by the Arkansas Committee on Professional Conduct which brings to an end that proceeding.
"I have accepted a five-year suspension of my law license, agreed to pay a $25,000 fine to cover counsel fees, and acknowledged a violation of one of the Arkansas model rules of professional conduct because of testimony in my Paula Jones case deposition. The disbarment suit will now be dismissed.
"I have taken every step I can to end this matter. I've already settled the Paula Jones case, even after it was dismissed as being completely without legal and factual merit. I have also paid court and counsel fees and restitution and been held in civil contempt for my deposition testimony regarding Ms. Lewinsky, which Judge Wright agreed had no bearing on Ms. Jones case, even though I disagreed with the findings in the judge's order.
"I will not seek any legal fees incurred as a result of the Lewinsky investigation to which I might otherwise become entitled under the Independent Counsel Act.
"I have had occasion frequently to reflect on the Jones case. In this consent order, I acknowledge having knowingly violated Judge Wright's discovery orders in my deposition in that case. I tried to walk a fine line between acting lawfully and testifying falsely, but I now recognize that I did not fully accomplish this goal and that certain of my responses to questions about Ms. Lewinsky were false.
"I have apologized for my conduct and I have done my best to atone for it with my family, my administration and the American people. I have paid a high price for it, which I accept because it caused so much pain to so many people. I hope my actions today will help bring closure and finality to the matters."