Law New is a term that has emerged to describe the proliferation of companies, startups and law firm subsidiaries augmenting traditional legal services. It is a distinct category from alternative legal service providers (ALSPs), which have their own nomenclature. Law firms are increasingly embracing the term, though their practical details of where that takes them differs from one company to the next.
The law is a system of rules, principles and procedures established in a community by some authority and applicable to its people, whether in the form of legislation, custom and policies recognized and enforced by judicial decision or by the charter of a nation. Law can be either positive or negative. Positive law is imposed by authorities through constitutional or legislative mechanisms. Negative law is derived from precedent or case law and applies to similar situations.
In the United States, the law is a constitutional right guaranteed to all citizens. The process for establishing law involves various steps, including public participation and democratic values of representation and accountability. Legislators debate and vote on proposals based on their understanding of the needs and preferences of their constituents, and citizens are able to express their views through petitions or other means. This lawmaking process is a key element of democracy, and its development reflects the values of representative government and a societal commitment to justice and fairness.
A bill is a proposal for changing the existing laws of the State of New York. It is drafted by a legislative commission or other group, or by the staff of New York’s executive branch. Once a bill is approved by the Council, it’s presented to the Mayor, who can sign it into law, veto it or take no action. If the Mayor vetoes a bill, it is sent back to Council, which can override the veto with a 2/3 vote. The bill then becomes a part of the New York statutes.
Property law governs the ownership and possession of things. Land, or real property, refers to the land and buildings on it; personal property is everything else, such as vehicles, jewelry or intangible rights like stocks and shares. Laws on land and property may be enacted by statute, or they may be common law, which is the result of judicial interpretation and case law.
A person who has a claim to property is a plaintiff in a civil lawsuit. If a plaintiff wins the suit, the defendant is obligated to pay them money, or compensation for their losses. Damages are often compensatory, but can also be punitive or meant to deter future misconduct.