Nominee Shareholders Agreements: Things You Need To Know

Nominee Shareholders Agreements: Things You Need To Know

What is a Nominee Shareholder?

Nominee shareholders are common in incorporated companies. In a corporate form, shares are easily divisible, making it easier to manage a number of investors. Usually there is a single public face to an incorporated company; the corporation itself, while sources of capital may come from many individuals and entities.
A nominee shareholder is an individual or an entity who holds a legal title to, but not the beneficial interest in, shares owned by another individual. The nominee is typically listed on the public records of the company as owning shares , but they do not exercise the rights associated with the shares on their own behalf (such as voting at shareholder meetings). For all intents and purposes, a nominee shareholder can be a completely invisible party in the corporate structure, and this is the intent.
The most obvious benefit of using a nominee shareholder is to create a degree of anonymity. No matter how small the shareholding position, if someone holds shares in a corporation, then their full name will be on the corporate register. While it is possible to use a corporation or trust as a shareholder, the nominee shareholder is meant to be listed on the public records.

Virginia Room Rental Lease Agreements – What Both Tenants and Landlords Need To Know

Room Rental Lease Agreements in Virginia

A room rental lease agreement is the most basic type of lease signed in Virginia with respect to renting space in a residential property. With a room rental lease agreement, a person or group of people is paying consideration for a specific room within a home typically owned by another person. Room rental agreements also involve consideration of utilities and maintenance of common areas , such as kitchens, living rooms and bathrooms.
All parties typically sign the lease agreement, and a lease term is set, as is consideration. Rooms are sometimes furnished, and satisfaction of the rental agreement rules is expected.

The Role of a Legal Intake Specialist

The Role of a Legal Intake Specialist

What is a Legal Intake Specialist?

A legal intake specialist is an individual working for a law firm who is responsible for communicating with prospective clients and qualifying their potential case. A legal intake specialist is sometimes referred to as an intake coordinator, legal intake manager or client intake coordinator. The terms tend to be interchangeable, but they all perform the same objective for a law firm: servicing all of the firm’s potential clients and assessing their cases before they are consulted with a lawyer.
So why is a legal intake specialist so important, and what do they work on?
In a law firm, a legal intake specialist is responsible for answering the firm’s phone calls, logging web inquiries and handling other miscellaneous tasks that directly relate to the prospective client. They gather information about the potential client and their issue, qualifying cases to be accepted by the attorney before becoming the firm’s client.
An inexperienced legal intake specialist can end up turning away potential dollars to the easily distracted agency. If they are not properly educated on the topic of case assessment, the firm risks having cases that could have generated revenue turned away needlessly .
The legal intake specialist is responsible for being the gatekeeper of the firm. According to Amazon best-selling author, intake expert and speaker Amy L. Timms of CaseFuel, any law firm that works on a contingency fee basis could be losing 60-70% of its cases. Many law firms attempt to multitask and perform case intake and even paralegal duties at the same time; this is a huge mistake!
Being a legal intake specialist is a full-time job. An intake specialist is a brand ambassador for the firm. They need to be well trained, learn the ins and outs of the firm’s business and needs, and educate themselves on legal issues so that they are able to take the initiative when it comes to gathering information about the prospective client and their legal needs.
Consider all the skill sets needed for a law firm when selecting a qualified legal intake specialist:
An effective, successful intaker takes the role of heat shield, absorbing the heat from potential clients, before being transferred to the attorney. Additionally, successful intake specialists possess a good attitude and respect for the potential client and their needs.

Gaining Insight into Legal Aid Services in Greene County, Ohio

What Exactly is Legal Aid?

Legal aid is a type of services provide to support and assist those who might otherwise be unable to afford legal representation. As a general principle of access to justice, providing free, or otherwise low-cost, legal assistance is the aim of legal aid programs. The foremost consideration of the development of law and the legal system is insuring everyone has access to due process. This means that even when individuals may not be able to afford to hire a lawyer to represent them in a matter , they should still have options available to make sure their rights and interests are protected. Whether to support and assure the best interests of children or the rights of the elderly, legal aid exists to help those most in need. Legal aid services come in many forms, from counseling for legal issues to representation in court. In legal matters before Courts, parties have a right to representation. If you cannot afford an attorney, then legal aid provides the next-best option.

When Can A Lawyer Threaten Legal Action?

When Can A Lawyer Threaten Legal Action?

Legitimate Grounds to Threaten Legal Action

The law requires lawyers who willfully threaten or bring frivolous legal actions against others to risk loss of both their professional reputation and perhaps their law license. So, what are the basic legal "prerequisites" that must be met? Here’s the gist of it:

1. There must be a legitimate basis for believing that the threatened claim has merit. Generally speaking, this requires a factual basis to support each element of a properly stated cause of action in the jurisdiction. In most cases, the attorney must receive sufficient evidence before threatening legal proceedings that the evidentiary support for each essential element of the cause of action exists; otherwise, if the claim is not viable because its factual foundation is lacking, the claim is frivolous.
2. The threatened claim must be based upon a proper legal theory and have a legal basis. This means, effectively, that the threatened claim should have a textually arguable legal foundation in applicable statutes, case law, administrative regulations, or rules of courts.

3 . The client must be advised of the potential consequences of pursuing the claim (becoming liable for malicious prosecution and/or abuse of process, among others). A failure to adequately inform the client of these potential consequences can hurt the attorney in the event of a later malicious prosecution/legal action brought against the client.

4. The attorney must have a good-faith factual basis for concluding that the client has a rational belief that the merits of the threatened claim outweigh its potential risks, and the factual basis for a conclusion to that effect is enough for the attorney to convey the information above to his/her client.
5. The attorney’s purpose for threatening the legal action must be innocent and cannot be for an ulterior purpose. So, if the motivation for threatening legal action is to force the recipient to abandon legitimate claims, the attorney may be liable. This is not to say that legitimate claims can’t be pursued, just that the purpose for bringing the suit or threatening suit cannot simply be to harass the other party or benefit the attorney’s client at the other party’s risk.

Understanding and Utilizing Latin Legal Terms: A Systematic Overview

Understanding and Utilizing Latin Legal Terms: A Systematic Overview

Introduction to Latin Legal Terms

The use of Latin in legal terminology has been long-standing, with roots tracing back as far as ancient Rome. However, even today, Latin remains firmly entrenched in the field of law. In fact, despite living in a time of international legal parlance, the use of Latin legal terms is strong. Latin terms are frequently used in legal documents and proceedings, serving as time-honored standards that streamline communication across various areas of law.
Latin legal terms are not only formalities, but they also promote precise understanding amongst practitioners and judges. They are regularly utilized in judicial opinions, scholarly publications, and other legal documents in a variety of jurisdictions, and are of paramount importance in the fields of criminal , civil, tax, and other subset of law.
Latin legal terms are often used to condense complex thoughts, allowing for succinct expression of a specific concept or common idea. This conciseness can be especially useful for legal terms of art; otherwise, lengthy parameters would be needed to fully described the concept expressed by the term. Importantly, Latin terms can assist in understanding law. The use of Latin legal terminology perpetuates a system of legal interpretation where these words are routinely thought of together with specific statutes or ideas. While the Latin term may not always be found in the statute themselves, the provision, statute or concept is often intimately associated with the term, illuminating its meaning and application.

Assessing the Worth of MetLife Legal Plans

Assessing the Worth of MetLife Legal Plans

Basics of MetLife Legal Plans

MetLife Legal Plans are legal plans that were created to provide individuals with the peace of mind and knowledge they would need to make better decisions. These legal plans and services are available through the workplace as well as individually. These plans are currently offered to over 18 million employees and their families through benefits provided by over 26,000 employers across the nation. MetLife Legal Plans are one of the largest pre-paid legal benefits companies in the world . They allow people to easily understand how and when they can use the services that are being offered to them.
The services provided by these plans include access to a full range of legal services, representation in civil court for covered matters, and document review and preparation. The number of attorneys or firms that are used with these services are over 5,000 across the nation. Individuals who are able to use MetLife Legal Plans typically have the legal plan as a benefit provided to them through their employer.

Florida Legal Knife Length Restrictions Explained

Florida Legal Knife Length Restrictions Explained

Knife Laws in Florida

The general law in Florida regarding knives flows from Florida’s statute that prohibits carrying concealed weapons (Fla. Stat. § 790.01.), as well as the statute that provides a definition of what constitutes a "weapon." This definition of weapon also serve as the statutory basis for understanding what is as an "ordinary pocket knife" (Fla. Stat. § 790.001.) as that term is used in the statute that regulates the carrying of certain types of knives (Fla. Stat. § 790.03). The prohibition against carrying a concealed weapon is subject to certain exceptions, including the license to carry a concealed weapon under Fla. Stat. § 790.06. How knives could be carried in public without violating the prohibition on carrying concealed weapons depends on whether the knife was appropriately categorized as an "ordinary pocket knife." A knife categorized as an "ordinary pocket knife" could, accordingly, be carried in public without violating Fla. Stat. § 790.01(2). If the knife was instead categorized as a "weapon," Fla. Stat. § 790.01(1) would apply. And the legal prohibition against carrying a "weapon" in public is that if the weapon is "concealed," then the prohibition could only be avoided if the person carrying the knife complies with the licensing provisions set forth in Fla . Stat. § 790.06. One difficulty in analyzing the legal regulation of knives in Florida is the distinction between the prohibition against carrying concealed weapons (which applies to the category of weapons, such as knives, that can be concealed) and the exception that exists (in Fla. Stat. § 790.001(3)(a)) for "ordinary pocket knives." If an ordinary pocket knife is not a weapon, then should someone carrying an ordinary pocket knife in public be required to carry that knife in plain view? Consider the following: If the knife is categorized as an "ordinary pocket knife," then there will not be any statutory provision that imposes any requirements on how the knife must be carried in Florida. Even a knife categorized as a "knife" may not subject its carrier to prosecution under Florida’s anti-concealed weapon statute, depending on whether the knife is being concealed or not. Quite simply, if the "knife" is in plain view, it may be carried in public in Florida without violating Fla. Stat. § 790.01, even though precisely why it does not violate Fla. Stat. § 790.01 is probably something better suited for the subject matter of an advanced constitutional law seminar.

The Role of Legal Analysts in the Modern Legal World

What does a Legal Analyst Do?

Although they have existed for a long time, legal analysts are not well known to the general public and are often confused with legal assistants or paralegals. The increased complexity of today’s law and the ever increasing number of regulations have made it financially impossible for attorneys to do many of the tasks that legal analysts can easily and quickly accomplish either on staff or as legal consultants. There simply are not enough billable hours in a day to handle everything. More and more lawyers are seeing the benefit of getting legal analysts to do non-billable work so that they can focus on building the company and their own billable work.
The proper definition of a legal analyst would be a person who conducts legal research, draft legal documentation, or perform various legal administrative duties, providing support to the attorney and/or the company they work for, which may include drafting appeal briefs, processing patent applications, preparing non-trial pleadings, post trial motions, inter-office memos , drafting and filing motions and memorandums, trial exhibits, and pleadings.
However, the duties go beyond what is just written in a job description. Since there is no strict job description for a legal analyst, many other duties a legal analyst can perform are to prepare correspondences, prepare paralegal billings, audit time, paralegal invoicing, tracking, billing cross billing, e-filing with various Courts, trial preparation, some client interaction, including collecting and preparing client retainers and maintaining case files, keep tracking of enclosures and evidence received in relation to trial or other legal matters, drafting and filing of Complaints, Interrogatories and Intra-Office Memos to lead or create your own filings.
They also possess the following necessary traits for the position:
There are three educational backgrounds that legal analyst have: Paralegal Certification; a certificate in Office Management, Business Administration, Accounting, Billing, Communications; Document Management, Taxation, or Management.

Understanding Common Law in Nevada: Essential Information and Considerations

Understanding Common Law in Nevada: Essential Information and Considerations

What is Common Law?

Common law refers to the body of unwritten laws that have been established through widespread and continuous legal custom and judicial opinion. This historical precedent for law is used as part of the body of law in which a case is found. Under common law, the weight of the authority of past rulings on a particular subject can be as high as statutory law, depending on the relationship between the past rulings and the current case. Judicial findings on issues of fact are not thought to create precedent under common law, as these rulings are specific to the particular case at hand and are not generalized or broadly applicable . Conversely, judicial opinions on issues of law form a body of common law that is generally accepted unless argued against in positive law. Positive law refers to statutes created by legislatures. In most modern legal systems, statutes and common law supplement each other and are used together to adjudicate disputes. The differences between the two chiefly relates to their derivation. A statute is expressly written law that lists the elements of a law. Common law is an unwritten body of law derived from customs and general principles. Common law precedents are used to fill in the gaps of statutory law and guide the court in making the proper decision.