Simple English definitions for legal terms
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L.J. is an abbreviation that can stand for different things depending on the context. It can mean Law Judge, Law Journal, or Lord Justice. It can also stand for other legal terms like Bachelor of Laws (LL.B), Doctor of Laws (LL.D), and Master of Laws (LL.M). Additionally, L.J. can refer to the voluntary association of merchants, shipowners, underwriters, and brokers known as Lloyd's of London, which is a place where individual underwriters gather to write insurance policies on various risks.
Definition: L.J. is an abbreviation that can stand for several different terms related to law and legal education. These include:
One example of how L.J. might be used is in reference to Lloyd's of London, an insurance market where individual underwriters gather to quote rates and write insurance on a wide variety of risks. Members of Lloyd's, who are typically merchants, shipowners, underwriters, and brokers, may individually underwrite a policy by assuming shares of the total risk of insuring a client. The names of the bound underwriters and the attorney-in-fact appear on the policy. In this context, L.J. might refer to a Lord Justice who has ruled on a legal dispute related to insurance or to a Law Journal article discussing the legal implications of underwriting at Lloyd's.