Bank of America Request for Legal Fee Credit Raises Ethical Questions
BofA is asking some of its select outside law firms to give the company a credit on its annual legal fees, based on the amount of customer business sent to the law firms. Some experts say that practice is highly unusual and ethically suspect.
By Sue ReisingerOctober 10, 2012
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In the Goulston & Storrs 2017 General Counsel Survey, fifteen percent of GCs or in-house counsel say they have the most difficulty identifying exposures, and this emerging risk is reshaping their role.
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