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Commercial law (or business law), [1] which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law that applies to the rights, relations, and conduct of persons and organizations engaged in commercial and business activities.
Legal profession is a profession in which legal professionals study, develop and apply law.Usually, there is a requirement for someone choosing a career in law to first pass a bar examination after obtaining a law degree or some other form of legal education such as an apprenticeship in a law office.
Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations .
Debate over law as a profession versus a business has occurred for over a century; a number of observers believe that it is both. [ 1 ] [ 2 ] [ 3 ] Law practice management is the study and practice of business administration in the legal context, including such topics as workload and staff management ; financial management ; office management ...
The following is a list of major areas of legal practice and important legal subject-matters. From, one of the five capital lawyers in Roman Law, Domitius Ulpianus, (170–223) – who differentiated ius publicum versus ius privatum – the European, more exactly the continental law, philosophers and thinkers want(ed) to put each branch of law into this dichotomy: Public and Private Law ...
Some work has been directed at better defining professional service firms (PSF). In particular, Von Nordenflycht generated a taxonomy of professional service firms, defining four types: [ 3 ] Classic PSFs (e.g. law and accounting firms): characterized by a high knowledge intensity, a professionalized workforce, and low capital intensity
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In the law of evidence. Sameness; the fact that a subject, person, or thing before a court is the same as it is represented, claimed, or charged to be. [15] Immediately. Courts have used immediately to mean "Promptly, with expedition, with reasonable haste consistent with fair business activity." 46 Am J1st Sales § 163.