Law Firms, Barristers, Solicitors, Legal Services Industry Terminology

Our conflict checks are governed by the ABA Model Rules; The partner cited Model Rule 1.6 on confidentiality; The firm's ethics opinion aligns with the ABA Model Rules even though our state has some variations.

The contract mandates ADR before litigation; We recommend mediation as a first ADR step; The client prefers ADR to avoid publicity.

We propose an AFA with a fixed fee plus success bonus; The client asked for a fee cap AFA; Our panel agreement encourages AFAs over hourly billing.

We used an ALSP for document review; The client split work between an ALSP and our firm; ALSP pricing undercuts traditional firms for high-volume tasks.

The arbitration will be seated in London under LCIA Rules; We will apply to enforce the award under the New York Convention; The clause requires three arbitrators.

The solicitor instructed a barrister for the High Court hearing; She completed pupillage before joining chambers; Direct access allows some clients to brief a barrister directly.

BigLaw salaries pressure mid-market firms; He lateraled from a BigLaw firm to a boutique; BigLaw norms emphasize high billable targets.

Associates have a 1,900-hour billable target; Please record in 0.1-hour increments; The client asked for billable vs. non-billable time reports.

We engaged a litigation boutique for the trial; That boutique specializes in antitrust; Boutiques can offer partner-level attention with lower overhead.

She is a tenant at a leading commercial set of chambers; The clerk manages diary and fees for chambers; Chambers' profile in directories helps solicitors choose counsel.

Log the pitch in the CRM; Our CRM shows cross-sell opportunities by sector; We synced CRM contacts to the newsletter list.

Run a conflicts check before opening the matter; Obtain an informed consent waiver for the potential conflict; We erected an information barrier to manage the conflict.

The firm took the class action on a 30 percent contingency; Contingency arrangements are common in plaintiff-side litigation; The agreement carves out costs from the contingency.

Upload the signed contracts to the VDR; The buyer's Q&A will run through the data room; We set granular permissions for the data room folders.

We served interrogatories and document requests; The discovery deadlines are in the scheduling order; Discovery will include depositions of key witnesses.

Add the deadline to the docketing system with reminders; A docketing error caused a late filing; Our docketing team monitors all court notices.

The legal due diligence report flags change-of-control consents; We staffed the diligence with a blended team and an ALSP; Red-flag findings will drive the SPA warranties.

We will collect ESI from custodians and mobile devices; TAR reduced review volume by 70 percent; Chain of custody is critical in eDiscovery.

The engagement letter sets scope, fees, and conflicts terms; Please countersign the engagement before we begin; The OCGs are incorporated into the engagement letter.

She was promoted to equity partner this year; Equity partners share profits and governance; The firm's leverage affects equity partner profitability.

We implemented an ethical wall between the two deal teams; Access to the file is limited by an information barrier; The wall procedures are documented and monitored.

Paralegals are fee earners on this matter; Fee earners must submit time by Monday; The budget caps associate fee-earner hours.

Counsel's fiduciary duty requires undivided loyalty; Breach of fiduciary duty claims often accompany malpractice; Conflicts rules help safeguard fiduciary obligations.

We offer a fixed fee for the policy review; Scope changes will trigger a fixed-fee adjustment; The client prefers fixed fees over hourly billing.

The DPA must be GDPR-compliant; GDPR requires a lawful basis and data minimization; We executed SCCs for cross-border transfers under GDPR.

The GC wants a single point of contact; We'll align with the GC's outside counsel guidelines; The GC asked for a litigation hold across subsidiaries.

Prepare the hearing bundle with numbered tabs and authorities; The tribunal requested electronic bundles; We filed the bundle index by the deadline.

The partner's hourly rate is 900 USD; The client negotiated a discounted hourly rate; Annual rate reviews occur each January.

The seller indemnifies the buyer for tax liabilities; Add a cap and basket to the indemnity; The client seeks defense-and-indemnity from the insurer.

We will seek a preliminary injunction to stop the product launch; The court denied injunctive relief for lack of irreparable harm; The consent order includes a permanent injunction.

Deposit the retainer into IOLTA until earned; Never commingle client funds with operating funds; Interest from IOLTA supports legal aid programs in many states.

We obtained a final judgment on liability; The judgment is enforceable domestically and abroad; We will move to set aside the default judgment.

The court lacks personal jurisdiction over the foreign defendant; Choose English law and English courts for jurisdiction; The arbitral seat determines supervising court jurisdiction.

Upload the new precedent to KM; Our KM team maintains playbooks and checklists; KM analytics show which templates are most used.

Compliance needs passports for KYC; Sanctions screening forms part of KYC; We cannot open the matter until KYC is complete.

Issue a legal hold notice to all custodians; Disable auto-deletion under the hold; We audited compliance with the litigation hold.

LPM set scope, timeline, and budget for the carve-out; We used a RACI in our LPM plan; LPM dashboards track WIP and variance to budget.

The firm's leverage is 4 associates per partner; Higher leverage can improve margins on hourly work; Our staffing plan adjusts leverage by phase.

A funder will cover fees in exchange for a share of proceeds; We must disclose funding under local rules; Portfolio funding spreads risk across cases.

We offshored contract abstraction via an LPO; The LPO provides 24x7 support; LPOs often operate on fixed or per-document pricing.

She trained at a Magic Circle firm; Magic Circle rates reflect premium cross-border work; Directory rankings often list Magic Circle firms as Band 1.

Our matter management system tracks tasks and budgets; The client portal shows matter status; Please update the matter plan weekly.

The court ordered mediation before trial; We selected a mediator with tech industry expertise; The mediation resulted in a confidential settlement.

Execute the NDA before sharing the deck; The NDA carves out information already public; We used the client's mutual NDA template.

OCGs prohibit first-class travel and block-billing; Align invoices with the client's OCG task codes; OCGs require data security certifications.

She moved from non-equity to equity partner; Partners are responsible for origination and client service; Partnership votes approved the lateral partner hire.

The court followed binding precedent from the appellate court; Use the share purchase agreement precedent from KM; We distinguished the adverse precedent in our brief.

Mark emails to the client as privileged and confidential; The privilege does not cover business advice; In some jurisdictions in-house counsel privilege may be limited.

Each associate has a 50-hour pro bono target; The clinic offers pro bono immigration advice; Pro bono hours can count toward bonuses here.

He is the office's top rainmaker; Origination credit rewards rainmaking; The firm runs BD coaching to develop rainmakers.