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Simple English definitions for legal terms

future earnings

Read a random definition: annonae civiles

A quick definition of future earnings:

Future earnings refer to the money a person could have earned if they had not lost their job, suffered a disabling injury, or died. It is often used as a measure of damages in personal injury and wrongful termination cases. Future earnings are a subset of lost earnings, which also includes past lost earnings. It is important to note that future earnings are not the same as income or revenue gained from labor or services, investment of capital, or assets.

A more thorough explanation:

Definition: Future earnings refer to the income that an individual or business is expected to earn in the future. This can include wages, salaries, profits, and other sources of income.

Examples:

  • Lost earnings: This refers to the income that an individual could have earned if they had not lost their job, suffered an injury, or died. For example, if a person is injured in a car accident and can no longer work, they may be awarded lost earnings as damages in a lawsuit.
  • Retained earnings: This refers to the profits that a company has earned but has not distributed to shareholders as dividends. Instead, the company may choose to reinvest these earnings in the business or save them for future use.
  • Future lost earnings: This refers to the income that an individual is expected to earn in the future but will not be able to due to a disability or other circumstances. For example, if a person is permanently disabled in an accident, they may be awarded future lost earnings as damages in a lawsuit.

These examples illustrate how future earnings can be used in legal cases to calculate damages or compensation for lost income. They also show how businesses can use retained earnings to invest in their future growth and success.

future covenant | future estate

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16:14
Justice as Fairness!
16:14
also wow I didn’t consider that about immigration policy. hmmm
16:17
@Law-Guy: you get it
16:19
@baddestbunny: oh yeah definitly. Idk how any system of government would work if you can't distribute social goods to everyone.
MildChiller
16:33
does anyone know if the Yale webinars are cameras on?
1a2b3c4d26z
16:35
Justice as deez!
17:49
Quentin Tarantino is interested in watching somebody’s ear getting cut off; David Lynch is interested in the ear.
18:03
Quentin Tarantino can't resist putting a gay scene with a black guy participating in the gay act in his movies.
18:05
David Lynch is just gay.
18:18
Lynch is more in touch with his unconscious/dream state than the average person
18:42
Probably. I just dont know. All I know is he did a good job with Dune.
18:45
You should watch Blue Velvet
18:46
How’s your LSAT studying been going?
18:49
It is good. I have about two more weeks and I broke the 90 level on LSAT Demon which is good last night. My goal is 95 so I can probably get it before I test. It is scaled our of 100. This is for LR. My RC is below that but I know the more I get better at MBT questions the better my RC becomes.
18:50
I watched the trailer for that movie. The run time is 2 hours. May watch it on 2x the speed. Just watched se7en and thats like as graphic as I get so I kinda need a break from weird bodyhorror stuff. The sloth guy in that movie scared me.
18:51
I do like psychological horror though.
18:53
Oh jesus don’t watch the movie at all if you’re gonna watch it on 2x speed
18:54
I have never used lsat demon; how do their levels relate to actual lsat scoring?
18:56
kinda go in 20 point intervals. 20 points if you have mastered lvl 1 difficulty questions, 100 points if you have mastered lvl 5.
18:56
Getting 100 points is incredibly difficult though. anything baout 95 is pushing the 175-180 range. 90-95 is like 170-174 or so. etc.
18:56
yeah but if you’re getting a 95 on all sections what LSAT score is that? how is that calculated?
18:56
oh okay
18:57
so 100 would be a 180?
18:57
Yeah, 100 is like you would get a 180 and there's nothing more to teach you. I have only seen someone with a 100 like 2/3 times.
18:57
are you taking practice tests that are being scored though?
18:57
or just drills
18:57
Yep, they get factored into it.
18:58
I do drilling essentially every day. A timed section every 3, and a test every 2 weeks.
1a2b3c4d26z
20:06
re: WashU's URM lsat differential - fair to chalk that up to LSAT redaction weirdness messing w the scale or are they generally starved for URMs
1a2b3c4d26z
20:07
And an (albeit negligible) inverse URM GPA differential
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