72-hr hearing is the date the District Attorney must have filed formal criminal charges, if not, your friend will be released from custody. If a complaint has been filed, your friend is entitled to bail.
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The other attorney is quite correct, now it is just wait and see or he can hire an attorney and see if the attorney can work out a better disposition-- but that depends on the nature of the crime.
My name is Stephen R. Cohen and have practiced since 1974. I practice in Los Angeles and Orange County, CA. These answers do not create an attorney client relationship. My answers may offend I believe in telling the truth, I use common sense as well as the law. Other state's laws may differ.. There are a lot of really good attorneys on this site, I will do limited appearances which are preparation of court documents it is , less expensive. However generally I believe an attorney is better than none, but many will offer a free consultation and a face to face meeting generally will be better, I like my clients to write a short one page history of the fact and questions they have prior to meeting with them, so nothing is forgotten.