Blake Lively's lawyers issue 1st statement on settlement with Justin Baldoni

Blake Lively's attorneys are speaking out for the first time since the actress reached a settlement with former "It Ends with Us" co-star and director Justin Baldoni earlier this week, ending the pair's nearly year-and-a-half-long legal dispute.

In a statement Thursday, Lively's lawyers Michael Gottlieb and Esra Hudson called the settlement a "resounding victory."

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