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It's been an action-packed few days in the world of labor class actions. Never fear: We'll keep you in the know.
'NLJ 250' Shows Strong Law Firm Growth Continuing
The 250 largest law firms in the U.S. grew by 4 percent in 2006, a figure that was just shy of the prior year's gains, according to The National Law Journal's 29th annual survey. The results indicate a "healthy legal economy" spurred by strong mergers and acquisitions activity and big-ticket litigation, said one law firm consultant. And while law firms used to base their mergers on geography and size for size's sake, they now take a much more strategic approach, said another consultant.With class certification briefing due next month, BofA may turn out to have been smart for getting out early from this sweeping MDL, which alleges that more than a dozen banks fleeced their most vulnerable depositors by charging exorbitant overdraft fees.
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