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LSDefine

Simple English definitions for legal terms

efficiency

Read a random definition: efficient proximate cause

A quick definition of efficiency:

Efficiency: Getting the most benefit possible from a decision or rule. To figure out the best choice, we need to look at all the costs and benefits. The better we do this, the stronger our argument for efficiency will be.

A more thorough explanation:

Efficiency refers to achieving the best possible outcome with the least amount of resources or effort. It is a result that yields the largest possible net benefit. To determine the most efficient decision or legal rule, a cost-benefit analysis should be conducted for every available option. The strength of any argument about efficiency largely depends on the number of variables considered and the quality of how costs and benefits are calculated.

  • A company that produces goods wants to increase its efficiency by reducing the amount of waste it generates. By implementing a recycling program, the company can reuse materials and reduce the amount of waste it sends to landfills. This not only benefits the environment but also saves the company money on disposal costs.
  • A city government wants to improve the efficiency of its public transportation system. By investing in new buses that run on clean energy and implementing a more streamlined route system, the city can reduce travel time for commuters and decrease traffic congestion on the roads.

These examples illustrate how efficiency can be achieved by making changes that benefit both the environment and the bottom line. By reducing waste and improving transportation, resources are used more effectively, resulting in a larger net benefit for all involved.

effective date | efficient breach

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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