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LSDefine

Simple English definitions for legal terms

legal value

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A quick definition of legal value:

Legal value refers to the advantage or profit gained from a promise or contract. It can also refer to financial assistance received from an employer or public program during times of sickness, disability, or unemployment. In legal terms, it is often used interchangeably with the term "benefit".

A more thorough explanation:

Legal value refers to the advantage, profit, or gain that is received from a promise or contract. It is also known as legal benefit. For example, when someone sells a car, the money they receive is the legal value or benefit they get from the sale.

Another example of legal value is a death benefit, which is the sum of money paid to a beneficiary from a life insurance policy when the insured person dies.

Employers may also offer fringe benefits to their employees, such as insurance, a company car, or a tuition allowance. These benefits are considered legal value because they provide an advantage or profit to the employee.

In the context of eminent domain, special benefits or peculiar benefits may be given to the owner of land that is partially taken by the government during a public project. These benefits justify a reduction in the damages payable to the owner.

Overall, legal value refers to any advantage, profit, or gain that is received from a promise or contract, and it can be monetary or non-monetary.

legal usufruct | legal vote

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TGM
18:23
How long can I delay sending my fall grades if they hurt my GPA? I’m still waiting on decisions and ideally I’m hoping they decide BEFORE seeing my new grades
TGM
18:27
dropped my GPA below median for a couple of schools I’m applying to, when I was above median before
Dkk
18:32
@TGM: Not long enough to get another transcript to recover.
Dkk
18:33
Honestly you could just wait until someone actually asks for your fall grades. Who knows.
Dkk
18:34
@wigwav: It looks like if below medians it will not help but If applying in November it seems you are still middle of the cycle.
18:34
@wigwav: nah
TGM
18:34
like am I expected to send it unprompted or can I wait until a school requested it
Dkk
18:35
@TGM: Expected to send it unprompted but you can wait and see.
18:36
Is your LSAT also below median?
TGM
18:37
It’s above median, but I’m applying T6 with unimpressive softs, so even with a good LSAT it’s tough
texaslawhopefully
18:38
Yeah, then I would just wait as long as you can to send it
texaslawhopefully
18:38
For like HLS at least, if you wait till J6 then you may already have a decision
TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
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