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LSDefine

Simple English definitions for legal terms

impair

Read a random definition: accretion

A quick definition of impair:

Term: Impair

Definition: Impair means to make something less valuable or effective. This is often used when talking about contracts, which are agreements between people or companies. If something impairs a contract, it means that the contract is no longer good or one of the parties can't get what they were supposed to. The U.S. Constitution has a rule called the Contracts Clause that says states can't make laws that impair contracts, unless it's really important for the public good.

A more thorough explanation:

Definition: To make something less valuable or effective.

For example, if a person damages a car, they impair its value. In legal terms, impair is often used to describe a situation where a contract is no longer valid because one party has made it impossible for the other party to fulfill their obligations. This is known as the Contracts Clause, which is a part of the U.S. Constitution that prohibits states from passing laws that impair private contractual obligations.

For instance, if a landlord changes the terms of a lease agreement after the tenant has already signed it, they may be impairing the contract. This means that the tenant may no longer be bound by the original terms of the lease and may be able to break the contract without penalty.

impact rule | impaired capital

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20:28
ok
20:30
@c0bra1: damn right! - GI Joe
21:14
Don't loose hope frens. It aint over, till its over, brother. -Hoya Saxa
Hey if I am on a bunch of waitlists am I screwed ?
21:39
@AlejandroAI405: Not for certain. You can get off the wait list, however it can be difficult. Would you consider reapplying next year or/and retaking the LSAT? You may drastically increase your choices/outcome(s)/and possibly get a scholarship
stay strong soldiers
10:09
What is up saturday morning gunners
10:09
@llama: RandR is a fucking joke, dont do it alejandro AI lmfao
noreaster
11:06
I genuinely do think being a reapplicant has some influence on a school’s perception of you, like we didn’t want this person before so why would we want them now? If you apply to only a couple schools your first cycle and then reapply with a higher LSAT and apply more broadly you will prob have good odds at the schools you didn’t apply to before
11:24
LMFAO why wait a year to go form UGA to chicago? You make the same biglaw salary lmfao you can get the same elite pi if you finish high, which you should if you are capable of getting chicago with a r and r. This means you advocate them not earning what they could over 4 years - 90k and study then 3 years of law or 3 years of law and then 260k salary? lmfao r and r only makes sense for FC
11:25
If someone applied with a 155 and can get a 170, a lot diff than a 168 hoping for a 172 and wasting a whole year for that
11:25
Oh i know i know i know
11:26
BUt if you want 171 r and r to get a 176+ for top FC at the top schools? okay. Everything else? Take your t25.
11:26
Scholarship dollars? Tuition + 90k income is the same or slightly less than the big law salary, but without a year of career progression.
11:27
It is not a smart move to r and r, long story short, despite what people who want you to pay for essay review and lsat tutor and lsat tutor service say
noreaster
11:58
The other point I would make is that with medians rising your 3.92 GPA might be above median at your dream school one year and below the next
13:20
Both of you make valid points, but if you do not get off the W/L your only options are to R&R or just not pursue. So yea if it makes sense and you can go this year, it may be better than R&R in hopes of better prospects next yr. the devil you know is better than the angel you don't where devil is this cycle and angel is next cycel
i don't think reapplying is going to hurt you from a previously WL/denied school
just make sure you're coming with new things on your resume. maybe a higher lsat or some work experience. a school may not of wanted you this cycle, but if you come back with stronger stats, you're gonna be what they might be looking for.
overall, i'd say work on boosting your lsat though!!
14:18
These decision times are so long, its crazy how I have to put in a deposit without knowing a couple of decisions
14:19
"rolling admissions" will haunt me forever
noreaster
11:05
good way of showing fluctuations over time
MrThickRopes
11:11
Easter waves TD?
Real
checking anyways
17:54
@MrThickRopes: not likely
MrThickRopes
19:01
You was right
Jacobdoeshisbest
19:17
Anyone here go to ookla for undergrad?
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