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Law firms are organized in a variety of ways, depending on the jurisdiction in which the firm practices. Common arrangements include: Sole proprietorship, in which the attorney is the law firm and is responsible for all profit, loss and liability;
International law (also known as public international law and the law of nations) is the set of rules, norms, and standards that states and other actors feel an obligation to obey in their mutual relations and generally do obey. In international relations, actors are simply the individuals and collective entities, such as states, international ...
For the Australian term, see white-shoe brigade. In the United States, white-shoe firm is a term used to describe prestigious professional services firms that have been traditionally associated with the upper-class elite who graduated from Ivy League colleges. (The term comes from white buckskin derby shoes (bucks), once the style among the men ...
A lawyer is a person who is qualified to offer advice about the law, draft legal documents, or represent individuals in legal matters. The exact nature of a lawyer's work varies depending on the legal jurisdiction and the legal system, as well as the lawyer's area of practice. In many jurisdictions, the legal profession is divided into various ...
International legal personality. Appearance. International legal personality (International juridical personality) is an important facet of international law that has developed throughout history as a means of international representation and capacity to contract and institute International legal proceedings. With the acquirement of personality ...
t. e. 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. [ 2 ][ 3 ][ 4 ] It is often considered to be a branch of ...
Magic Circle (law firms) " Magic Circle " is an informal term describing the five most prestigious London -headquartered multinational law firms, which generally outperform the rest of the London law firms on profitability. The term has also been used to describe the most prestigious barristers' chambers in London.
The offshore magic circle is the set of the largest multi-jurisdictional law firms who specialise in offshore financial centres, especially the laws of the British Overseas Territories of Bermuda, Cayman Islands, and British Virgin Islands, and the Crown dependencies of Jersey, Guernsey and The Isle of Man. The same firms are also increasingly ...