Notes & Practice on English Legal System What are the different jurisdictions within the United Kingdom? The United Kingdom consists of multiple legal jurisdictions, including (a) England and Wales, (b) Scotland, and (c) Northern Ireland. England and Wales are often referred to jointly as they form the constitutional successor to the former […]
Notes & Practice on Business Taxation Income Tax Who is subject to Income Tax? Aside from individuals, Income Tax must be paid by individuals; partnerships; personal representatives; and trustees. What are the two major ways by which Income Tax is collected? 1. The Pay As You […]
Notes & Practice on Business Law Different Forms of Business Ownership 1- Incorporated business: These are separate legal entities which include private limited company, public limited company and limited liability partnership. 2- Unincorporated business: These are usually treated as being the same as the owner e.g. sole trader or partnership. […]
Notes & Practice on Professional Conduct conflict of interests A conflict of interests occurs when a legal professional’s obligation to act in the best interests of two or more clients clashes. There are two types of conflicts: “own interest conflict” where the lawyer’s interests conflict with the client’s, and “client […]
Notes & Practice on Dispute Resolution Alternative Dispute Resolution (ADR) Q: What is negotiation? Negotiation is a process of discussing and reaching an agreement between parties involved in a dispute. It can occur over the phone or through face-to-face meetings. Negotiations are conducted on a “without prejudice” […]
Notes & Practice on Legal Services The rights of audience The Legal Services Act 2007 (“the 2007 Act”) states that a “right of audience” is the ability to speak and present evidence in court, including the right to call and question witnesses. Before the Courts and Legal Services Act 1990, […]
Notes & Practice on Contract Law The good consideration What is the concept of good consideration? Good consideration refers to the legal requirement that a valid contract must be supported by consideration, which is something of value exchanged between the parties involved. Good consideration means that the consideration must meet certain […]
INDEMNITY AND DAMAGES When one party is in breach of contract or fails to perform its obligation, what are the rights of the parties? How to deal with the possibility of breach or the potential losses in your contract? What the differences between indemnity and liquidated damages clauses? And how to draft them in […]
“Unlocking the Potential of Blockchain in the Legal Industry” Introduction The emergence of blockchain technology has sparked a revolution across various industries, and the legal sector is no exception. Blockchain’s decentralized and immutable nature offers a myriad of opportunities to enhance the efficiency, transparency, and trustworthiness of legal processes. This article explores […]