Billable Hours

Billable Hours “Billable hours” is a charging procedure for legal services where lawyers make money by billing their clients by the hour. Most law firms have annual targets for billable hours. For example, associates may be required to bill at least 1600 hours a year – that’s excluding the time spent on non-billable work such as […]

Corporate Law

Corporate law (also “company” or “corporations” law) is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another. The four defining characteristics of the modern corporation are: Separate legal personality Limited liability Shares Delegated management

How Is Money Laundered

How is money laundered? The processes are extensive. Generally speaking, money is laundered whenever a person or business deals in any way with another person’s benefit from crime. That can occur in a number of diverse ways. Traditionally money laundering has been described as a process which takes place in three distinct stages. Placement: the stage […]

In Limine

In or at the beginning; at the outset; A motion made at the start of the trial requesting the court for an order or ruling to prevent certain evidence from being presented in the trial. The purpose of this motion is to prevent irrelevant, inadmissible or prejudicial evidence from being raised.