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Simple English definitions for legal terms

lockout

Read a random definition: statutory tenant

A quick definition of lockout:

A lockout is when an employer stops workers from coming to work and shuts down the business because of a disagreement with the workers. This can happen when the workers are trying to negotiate a new contract with the employer. Sometimes, workers may also refuse to work if the employer is not following the old contract while negotiating a new one. This is called a lockout too.

A more thorough explanation:

Definition: A lockout is when an employer stops work and closes their business because of a disagreement with their employees. This can happen when negotiating a new employment contract or during a labor dispute.

There are two types of lockouts:

  • Defensive lockout: This is when an employer closes their business to prevent financial harm or protect a legal right.
  • Offensive lockout: This is when an employer closes their business to put pressure on their employees and gain an advantage in negotiations.

Lockouts are similar to strikes, but instead of employees refusing to work, it is the employer who stops work.

Example: A company and its employees are negotiating a new employment contract. The employees want higher wages and better benefits, but the company refuses to agree. As a result, the company decides to close its doors and stop work until an agreement is reached.

This example illustrates a lockout because the employer has stopped work due to a disagreement with their employees during contract negotiations.

locked-in rate | lock rate

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12:34
gotchu
hello friends
13:09
Yo
lawguy we're nearly stats twins :D
13:13
I saw that, and I saw you got the Georgetown interview invite yesterday too! Goodluck!
you too haha, i was super surprised to have received one so early not gonna lie
i heard the group interview is really chill and I'm kinda excited to do it
seems cool
13:14
Yeah, 7sage has a page that talks about the questions for each schools interview, GULC's seems unique
13:15
Idk how much of an effect it has on admissions chances but should be cool either way
ive heard the conversion rate for gulc group interview is pretty high even moreso if you have the stats
it's hard to say but i've also heard that the group interview is harder to get than the alumni interview. but who really knows tbh
im p sure they don't interview everyone and getting one this early should be a great sign!
13:16
Yeah I've heard the same ab the group interview
13:17
So maybe I'll see you in D.C. a year from now lmao
initiallaw
13:32
Speaking of stat twins kazuyamishima were exact stat twins lol
17:13
Anyone going to the UGA zoom thing on the 22nd?
17:16
My bad, 24th*
Idk, what's it for?
@Law-Guy: How'd you get the Vandy fee waiver?
17:32
What does going ur3 in 3 days mean at Uva 😅
that you will get UR2 in 3 more
17:33
somethings gotta give
I’m new. What’s the UR and UR2?
17:35
I already went ur2. It’s the 3rd status date change
17:35
@RustyWrangler: attend one of their virtual info sessions and they'll send you a fee waiver
@Law-Guy: Awesome, thanks! I'll sign up rn!
i'm not entirely sure
They've recently been sending a lot of interview invites
It means status change?
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