Knowledge Base

Glossary

An agreement between parties that creates mutual obligations is enforceable as a contract. Generally, to be legally valid, most contracts must contain two elements: All parties must agree about an offer made by one party and accepted by the other. Something of value must be exchanged for something else of value. This can include goods, cash, services, or a pledge to exchange these items.

The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality. A verbal agreement is just as legally enforceable as a written one. Although you may have problems proving the terms of the agreement. So, it is always a good idea to get it in writing.

Lexdot makes it easy for you to find professional to create legally-binding agreements whether you’re forming a business or selling a car.

“Corporate matters” refers to matters regarding your company’s: establishment, governing documents (those are the documents which set out the rules for the company), corporate structure, shareholders and Board of directors, capital structure and share issuances and other related items.

Corporate lawyers provide you with advice on all areas of business law and corporate law.

Legal counseling is the advice and assistance given to a client by a counsel or a counselor at law during and/ or prior to a proceeding. It is the giving of a professional or formal opinion regarding the substance or procedure of the law in relation to a particular factual situation. Legal counseling generally proposes a course of action. The law has an impact on everything we do and there are many circumstances in which you may need legal counseling or advice to clarify what your rights are.

It is worthy of note that the giving of legal advice is only done by a qualified lawyer. This is because it involves the practice of law, and only a licensed lawyer with whom you have formed an attorney-client relationship with may give legal advice. Because of the obligations that arise from the giving of such legal advice, the advice-giver is also bound to certain rights and responsibilities as a result of the information given.

If you have a problem and need a confidential and independent legal advice to resolve it, you may be able to get help from a counselor at law, a Lexdot provider that specialises in your problem.

Cross-border is defined as an action between different countries or involving people from different countries. The term, when tied to legal practice, relates to the provision of legal services between countries or states, beyond the borders of the lawyer’s state of origin.
Traditionally, lawyers practice law exclusively in the country where they completed their legal study. In other words, lawyers were single jurisdictional. In the recent decade, however, with the advent of globalization, there has been a shift from lawyers practising exclusively in their respective jurisprudence to the increase in cross-border practice and transaction.

Some matters that could be handled by cross-border practitioners include mergers and acquisitions; market entry strategies; debt and equity financing; joint ventures with a special focus on mining projects; tax planning; contract manufacturing arrangements; EPC and EPCM agreements; distribution agreements; research and development agreements; sales and supply agreements; license agreements; establishing and enforcing intellectual property rights; and dispute resolution through litigation, arbitration and mediation. Find experienced cross-border practitioners attorneys on Lexdot.

What Is

A Legal Document?

 

A legal document, otherwise called a Legal instrument is a legal term of art that is used for any formally executed written document that can be formally attributed to its author, records and formally expresses a legally enforceable act, process, or contractual duty, obligation, or right, and therefore evidences that act, process, or agreement.

There are many types of legal documents covering different situations. Legal documents can be found in the small print at the bottom of an advert, or on a receipt for something that you purchased or personal to you, like a will or a contract. A legal document could be drawn or written by a lawyer or legal document assistants. A legal document assistant (LDA, also commonly known as “document technician,” “legal document preparer,” “legal technician,” “online legal document provider” and “legal document clerk”). However, It is always very important to set down the full details of what has been agreed in writing so, if things go wrong, you can prove what was agreed between you and the other person

Employment law is the area of law that governs the employer-employee relationship. Therefore, if the business has more than one employee, then the business likely uses employment law. This area is made up of both state and federal laws and includes many different subjects with the common goal to protect workers’ rights. For employees, these laws work to:

  • Prevent discrimination
  • Promote health and safety
  • Establish a minimum required level for economic support
  • Prevent work disruption due to disputes between labour and management

Immigration is the international movement of people into a destination country of which they are not natives or where they do not possess citizenship in order to settle or reside there, especially as permanent residents or naturalized citizens, or to take up employment as a migrant worker or temporarily as a foreign worker.

Immigration lawyers interpret the law, help you analyze your own rights, possibilities, and strategies, and guide you through every step of the complicated immigration process. They prepare a lot of paperwork on your behalf (which alone can save you hours), and help you get organized about which items you must collect on your own (such as birth certificates or proof of a valid marriage). They make sure the information you present when filling out the various forms, collecting documents, or preparing statements and testimony is clear, correct, and consistent.

Without a lawyer’s help, it’s easy to make mistakes. Find your immigration provider on Lexdot

 

Incorporation is the formation of a corporation. A corporation is a company, a group of people or an organization authorized to act as a single entity. A registered business may or may not be a legal entity that is separate and distinct from its owners. Whether you need an attorney to start your business depends in large part on what legal type of business you’re starting.

A sole proprietorship is the simplest business form of business. It doesn’t require that you register your business with your state. You may not need an attorney to start this type of business. Corporations enjoy most of the rights and responsibilities that an individual possesses which include enter contracts, loan and borrow money, sue and be sued, hire employees, own assets and pay taxes. We highly recommend the use of a professional.

Starting a business can be an intimidating experience, even without the threat of competition. This day and age, we to take seriously the risks businesses face. When you’ve invested so much time, energy and money in your business ideas, you’ll want to protect your livelihood as best you can. We have easily accessible providers to help protect your investment.

Also known as CyberLaw, Information technology law provides the legal framework for collecting, storing, and disseminating electronic information in the global marketplace. Attorneys practising in this area of the law represent individuals and businesses from all different industries. They help structure information technology transactions in a way that maximizes the client’s economic benefit while ensuring regulatory compliance. A great deal of emphasis is also placed on anticipating potential sources of dispute between the parties to a transaction and crafting agreements that address these concerns, thereby reducing the risk of litigation.

Lawyers practising in this area of the law represent individuals and businesses from all different industries. They help structure information technology transactions in a way that maximizes the client’s economic benefit while ensuring regulatory compliance.

Litigation is the practice of taking a case to court to resolve a dispute in the court system. When a person begins a civil lawsuit, the person enters into a process called litigation. Litigation solicitors assist clients in resolving civil disputes. Civil litigation occurs primarily within courts and tribunals, with the jurisdiction of each court and tribunal defined by its founding legislation

Although ligation also involve charging and representing clients in the court system, but the term is often associated with tort cases. Litigation can come about in all kinds of cases, from contested divorces, to eviction proceedings.

Most people think of litigation as synonymous with trial work, but the litigation process begins long before the first witness is called to testify in court. The vast majority of litigated cases never reach the inside of a courtroom. Finding the right litigation lawyer early in your matter may make a lot of difference.

Mediation is an informal and flexible dispute resolution process. The mediator’s role is to guide the parties toward their own resolution. Through joint sessions and separate caucuses with parties, the mediator helps both sides define the issues clearly, understand each other’s position and move closer to resolution.

A mediator attempts to help the parties to a lawsuit to compromise and resolve their differences so that a lawsuit can be settled without going to trial. The mediator does not decide the merits of the case. Rather, the mediator helps the parties to agree to a compromised settlement.

Mediation is an effective and popular way of resolving disputes without the need to go to court. A core principle of mediation is that the party’s ‘control’ the outcome of the matter and this is Mediation is an alternative to avoidance, destructive confrontation, prolonged litigation or violence facilitated by an impartial third party.

Legal Process Outsourcing (LPO) involves having legal tasks such as document reviews contract drafting, research and litigation support services performed by outside vendors or legal support services company (LPO provider) instead of in-house employees.

The array of services may include the transcription of legal matters, case management systems. form-filling services, electronic document management, Virtual Assistance and appearances.

Many providers on Lexdot are involved in legal research, the process of identifying and retrieving information necessary to support legal decision-making. The primary aim of conducting clear and methodical legal research is finding the answer to a legal question in the most time effective way and knowing that you have searched in all the relevant sources. Being able to research in an effective manner is an essential skill of a professional. Legal professionals can more effectively conduct all aspects of legal research.

A startup is a young company that is just beginning to develop. Startups are usually small and initially financed and operated by a handful of founders or one individual. These companies offer a product or service that is not currently being offered elsewhere in the market, or that the founders believe is being offered in an inferior manner. Sart up professionals may help in areas such as:

    • the appropriate business structure and drafting shareholder agreements
    • private equity, venture capital and angel fundraising
    • share schemes including EMI schemes and other tax support including with SEIS/EIS advance assurance applications
    • intellectual property issues, including protection and exploitation of IP in the UK and internationally

The potential risk of starting a new venture is enormous, get some legal help.

A trademark, trade mark, or trade-mark is a recognizable sign, design, or expression which identifies products or services of a particular source from those of others. This is a name or symbol that a company uses on its products. Trademarks are registered for specific goods or services within individual subjects, known as classes. Over time, trademarks become synonymous with a company name, so that you don’t even need to see the name to recognize a particular business.

A trademark licenses an agreement in which a trademark owner permits someone else to use the licensor’s trademark in connection with specific products or services. Although a trademark license agreement is not required to be in writing to be legally enforceable, it is strongly recommended that all trademark licensing agreements be in writing and signed by both the licensor and licensee

Trademark lawyers can assist a mark owner at all stages of the trademark process. They prepare your trademark application for your review and approval. It’s the job of a trademark lawyer to advise you on trademark law and help you register and enforce your trademarks and licenses.

An Appearance is a declaration made in the court or  a document filed with the court which tells the court and all other parties to a case that the stated lawyer is representing a particular party. Some hearings require the lawyer of record to be there, while others may not. Other legal industry talent are sometimes required to appear to facilitate the hearing.

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