Deloitte Launches US Legal Business Services

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NEW YORK, July 13, 2020 /PRNewswire/ — Deloitte today announced the launch of its Legal Business Services practice in the U.S., a comprehensive suite of legal management consulting and technologically-enabled legal managed services for corporate legal departments designed to accelerate the transformation of the business of law.

The U.S. launch is the latest step in Deloitte’s global expansion as one of the world’s largest providers of legal business services. Chief legal officers (CLOs) can apply Deloitte’s deep industry knowledge and its breadth of technical capabilities to meet a variety of strategic needs, including the use of data to drive faster, more informed, and holistic decision-making. Operating from more than 80 countries, Deloitte’s global footprint means that legal business needs can be met in the context of local and regional business practices as well as legal and regulatory frameworks.

“Legal departments are under pressure to transform as CLOs contend with

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Bank of America accelerates timeline for $20 minimum wage

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Bank of America on Monday pledged to raise its minimum wage to $20 per hour more than a year ahead of schedule.

In a press release, the company said it would move to $20 per hour by the first quarter of 2020. As previously reported by FOX Business, Bank of America had promised to move to a $20 minimum wage by 2021.

“As part of our commitment to being a great place to work, we are saying thank you, and sharing our success with our teammates who serve our clients and communities every day,” Sheri Bronstein, chief human resources officer at Bank of America, said in a statement.

The company’s current minimum rate is $17 per hour.

Since 2010, the bank has raised its minimum wage by more than $8 per hour.


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South Plains Financial, Inc. Reports Second Quarter 2020 Financial Results

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LUBBOCK, Texas, July 29, 2020 (GLOBE NEWSWIRE) — South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today reported its financial results for the quarter ended June 30, 2020.

Curtis Griffith, South Plains’ Chairman and Chief Executive Officer, commented, “I am very proud of our employees for their hard work and dedication to our customers and communities during this unprecedented time. They have kept the Bank’s operations running smoothly and maintained a high level of service and support for our customers. As the number of COVID-19 cases started to spike in Texas in June, we made the decision to close our branch lobbies once again to appointment-only service while keeping our drive-through windows in operation. Overall, we continue to operate very effectively through our drive-through windows and are successfully transitioning our customers to our digital banking platforms. Importantly, … Read More

Which Is Best for You?

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Personal Capital and Vanguard Personal Advisor Services aren’t for newbie investors. Both require a substantial minimum investment: $50,000 for Vanguard and $100,000 for Personal Capital.  Despite this rather large hurdle, both these services are strong choices in the robo-advisor market (although Personal Capital would prefer to be considered a digital asset management service that includes personalized advice from financial planners). Vanguard Personal Advisor Services and Personal Capital both ranked highly in the core features of portfolio management, portfolio contents, and account services in our individual robo-advisor reviews. We will look at Personal Capital and Vanguard Personal Advisor Services head-to-head to determine which is the better robo-advisor.

  • Account Minimum: $100,000
  • Fees: 0.89% to 0.49% for accounts over $1 million
  • Perfect for sophisticated investors with a high net worth
  • Designed to give affluent investors a high level of diversification at a very competitive fee when compared
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