• China’s biggest law firms posted growth in revenues, lawyer head count and value despite uncertainty in the country’s economy in 2015 . (American Lawyer)
• Wells Fargo agreed to pay $185 million to settle charges that thousands of employees secretly opened deposit and credit card accounts for customers or signed them up for new services without their knowledge, in a settlement that includes the Consumer Financial Protection Bureau’s largest ever civil penalty. (National Law Journal)
• Lloyds Bank has introduced an eBay-style auction process that obliges law firms that want a spot on its legal panel to participate in a “ bidding war ...
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