Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

new business

Read a random definition: imported litigation

A quick definition of new business:

New Business: A new business is a type of commercial enterprise that is started for the purpose of making a profit. It can involve any type of occupation or employment that is done regularly to earn money. New businesses engage in commercial transactions and can be in any industry. In parliamentary law, new business refers to an item of business introduced from the floor or taken from the table without having been scheduled for consideration.

A more thorough explanation:

New business refers to a commercial enterprise that is started for the purpose of making a profit. It can also refer to any occupation or employment that is done regularly to earn a living. Transactions or matters that are not commercial in nature can also be considered as new business.

  • A person starting a new restaurant is an example of new business.
  • A lawyer who starts his own law firm is also an example of new business.
  • When a company expands its operations to a new location, it is considered as new business.

These examples illustrate how new business refers to any commercial enterprise that is started with the intention of making a profit. It can be a small business or a large corporation, and it can be in any industry or sector.

new assignment | new-business rule

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
snow
12:17
dont tell them you're not going to attend, but tbh idk
HopefullyInLawSchool
12:18
Ya thats my goal with this, looking at some other mid west schools pretty seriously so I might do a tour of the midwest schools i get accepted into early next year
snow
12:18
i think something along the lines of " I would love to come to x school but x school is offering x amount which plays a role in my goals"
snow
12:18
thats a very rough draft tho
HopefullyInLawSchool
12:19
UC Law SF has a proper form to negotiate
snow
12:19
some schools i applied to were strictly for negotiations lol, i wont say which ones tho
HopefullyInLawSchool
12:19
look on the school's admitted page and if you dig around sometimes therell be a link for it
HopefullyInLawSchool
12:19
@snow same
WorthlessAttractiveZombie
12:20
basically all the schools that sent me CAS waivers are going to be used for negotiations
2big2fail
12:21
@HopefullyInLawSchool: where is that form? is it in the email they sent?
babycat
12:21
@EvolBunny: I think people who are strictly t14 are talking about it less
a 3.96 175 wl berkeley today is brutal
HopefullyInLawSchool
12:23
@2big2fail: you have to go to the admitted students page and dig around, i forgot how exactly i found it but you have to be on that page first.
2big2fail
12:23
ok thanks
2big2fail
12:24
oh i see its "scholarship reconsideration"
12:24
@Acoustic maybe they didn't get their margins right
12:24
@babycat: just like reddit, it appears it is just more "lower" students using the gunner platforms. Reddit last year was basically t14 and then you had outsidet14. Now it seems like we need a t14 only sub
berk wl w those stats is brutal maybe yp?
12:25
It wouldnt be so bad if they didnt get so salty lmfao i do not want to read a post about "wahhhh why can someone with a 3.95/171 even make a chance me post wahhhh"
12:25
Fucking diaper gang over there
12:25
crybaby central
are those my exact stats on purpose what's goin on w these indirects i love drama hol on
HopefullyInLawSchool
12:26
i see a storm brewing
12:27
the biggest mistake on reddit this cycle was not telling everyone up front that it would be the slowest cycle ever
yeah it's going to be super slow
12:27
already seeing people complain about waiting when they could be waiting until march or april
12:27
Those are gen alpha lazy people
12:28
"where is my tiktok ai summary"
yeah even ppl that applied in september realistically im not expecting another decision until like january outside of my ed
12:28
GO read their websites, tons have easy to see timelines
LSD+ is ad-free, with DMs, discounts, case briefs & more.