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New law practices flow from oil spill

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BP’s oil spill settlement has spawned some unique opportunities for law firms and lawyers, some of which have strategically shifted the focus of their practices or created additional ones to cash in on the claims business. The federal court agreement is designed to compensate the thousands of businesses that claim to have been financially damaged by the 2010 Deepwater Horizon oil rig explosion and spill in the Gulf of Mexico. Some lawyers processing these economic loss claims for clients can…

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