what does matter type mean for lawyer firm material

Material indicates it has to do with the matter. It has influence or is effective, is going to have merit, and is more or less necessary. The evidence offered in a cause or a question is considered material when relevant and goes to the heart of the matter in a dispute or either has a legitimate influence on the decision rendered in the case.

Full Answer

What is matter management in law firm?

Legal matter management. Legal matter management or matter management refers to activities involved in managing all aspects of the corporate legal practice ("matters"). Matter management is distinguished from case management, in that case management is generally considered to refer to law firm related activities ("cases").

What is a legal matter?

Legal matter means any dispute regarding the rights or obligations of a Party that arise out of or relate to the existence, negotiation, validity, formation, interpretation, breach, performance or application of this Agreement or any Ancillary Agreement.

What is material law?

The material law definition explains that material law is a type of representation made to an individual with the goal of getting that person to enter into and agree to a contract that the person would not have normally done without that representation.

What are the major considerations in legal matter management?

Legal matter management. As these systems entail the processing and storage of confidential corporate and insurance carrier financial data, sensitive claims information, and privileged legal matter data, major considerations in the deployment of these systems are: availability of matter-level security, ability to handle ethical walls,...

What does matter mean in law firm?

matter n. 1 : a subject of consideration, disagreement, or litigation: as. a : a legal case, dispute, or issue [a within the court's jurisdiction] often used in titles of legal proceedings [ of Doe] see also in re.

What is a material matter in law?

Material matter means any subject, regardless of its admissibility under the rules of evidence, which could affect the course or outcome of the proceeding. Whether a matter is material in a given factual situation is a question of law.

What does a legal matter means?

Legal Matters Legal matter means any dispute regarding the rights or obligations of a Party that arise out of or relate to the existence, negotiation, validity, formation, interpretation, breach, performance or application of this Agreement or any Ancillary Agreement. Sample 2.

What is the difference between a case and a matter?

To better track and manage these documents, a dedicated case management system can bring organization to the process. Matter management tends to be more comprehensive than case management and refers to the many activities involved in managing every aspect of corporate legal practice, both internally and externally.

What does material mean in a case?

Important; affecting the merits of a case; causing a particular course of action; significant; substantial. A description of the quality of evidence that possesses such substantial Probative value as to establish the truth or falsity of a point in issue in a lawsuit.

What does material mean in a contract?

In the law of contracts, a material term in a contract is a term or provision that concerns significant issues, such as subject matter, price, quantity, type of work to be done, and terms of payment or performance.

What does in the matter of mean in court?

Latin for "in the matter of." Used in legal documents to refer to a case, particularly a case without an opposing party. For example, "In re Estate of Ruth Bentley" might be used to refer to a probate case about the estate of Ruth Bentley. subject.

What is a client matter?

client matter means each separate matter the subject of a property services agreement; Sample 1. Sample 2.

What is a matter of fact vs matter of law?

Matter which goes in denial of a declaration, and not in avoidance of it. MATTER OF LAW - That which goes in avoidance of a declaration or other pleading, on the ground that the law does not authorize them. It does not deny the matter or fact contained in such pleading, but admitting them avoids them.

What is a matter file?

Matter files typically contain a range of papers, including electronic information which can be held electronically and/or printed in a physical file. Very broadly speaking the file belongs to the client, subject to a limited number of documents which belong to the firm and which can be removed.

What processes are used to deal with legal problems matters or legal issues?

Arbitration, or alternative dispute resolution, is in many ways similar to court proceedings, but much more flexible and sometimes less costly. Generally the parties to a legal issue or dispute can choose an arbitrator and agree on the procedures and processes to be followed.

What is the difference between suit and case in law?

A layman always sees the proceedings before any court, tribunal or forum as a "case". It includes every legal action either civil or criminal. But a "suit" refers to an action based on civil rights. You need to be the querist or approved LAWyersclub expert to take part in this query .

What is material law?

The material law definition explains that material law is a type of representation made to an individual with the goal of getting that person to enter into and agree to a contract that the person would not have normally done without that representation.

What does material mean in a case?

Material indicates it has to do with the matter. It has influence or is effective, is going to have merit, and is more or less necessary. The evidence offered in a cause or a question is considered material when relevant and goes to the heart of the matter in a dispute or either has a legitimate influence on the decision rendered in the case.

When is a material breach of a contract considered a material breach?

When there is a valid reason for one party not to perform their part of a contract, that is considered a material breach of the agreement. If one party deviates slightly or insignificantly from the terms of the contract, that is not considered a material breach.

Can a material witness be compelled to appear in court?

Material witnesses can and will be compelled to appear and provide testimony in court. If there is any indication that the individual's safety is in jeopardy and they may be in danger due to actual testimony or planned testimony, legal protection or protective custody will be provided.

What is matter management?

Legal matter management or matter management refers to activities involved in managing all aspects of the corporate legal practice ("matters"). Matter management is distinguished from case management, in that case management is generally considered to refer to law firm related activities ("cases"). Matter management software systems serve ...

What is legal project management?

Legal project management is a form of matter management that leverages the standards and practices of professional project management to more effectively manage legal matters or specific phases of a legal matter (e.g., legal-discovery projects). This law -related article is a stub. You can help Wikipedia by expanding it.

Does it really matter whether a law firm is set up as a PC or an LLP?

I asked numerous lawyers this question and the usual response was “not really.” In fact, according to this article, most firms have very little idea why they selected a particular entity type at formation.

LLPs

Limited liability partnerships afford more flexibility in financial management and allow for easier flow of partners into and out of the partnership. And, as the name indicates, they also allow limited liability for partners.

Why is mandatory retirement age relevant?

Mandatory retirement age is a sticky issue so I am going to address it only by briefly identifying some of the benefits and liabilities. On the benefit side, a mandatory retirement age (especially when coupled with a generous step-down program) can encourage senior partners to transition their client relationships to junior partners.

Conversion from one entity to another

Another downside of PCs: converting from one entity to another is not always simple – especially a conversion from a PC to an LLP or LLC. “The conversion of a professional corporation to an alternative form requires liquidation, which can be a significant tax event. For many, the PC is a decision where there is no turning back.

Does the amount of equity buy-in matter?

In addition to consideration of the entity type, a law firm and its lenders should regularly evaluate the equity buy in required for partnership in the firm. For instance, I have spoken with lawyers at firms with no equity buy-in for partnership.

Equity as handcuffs

Another consideration with respect to equity buy-in is the buy-out provision in the partnership agreement. For instance, if a partner leaves a firm, how much capital do they have invested in the firm they are leaving and what is the buy-out timeline?

What do you think?

I know that the lack of discussion around this topic is not a reflection of the lack of opinions about it. To that end, I would love to hear yours. I want to learn more and will update this article as I do!

What is matter management?

Matter management (also referred to as legal matter management) involves managing all activities surrounding corporate legal practice. This is distinct from case management, which refers to the activities specific to a law firm. To be truly effective, a matter management solution should support all corporate legal matter types, ...

How does lack of standardized processes affect the matter lifecycle?

A lack of standardized processes can create negative ripple effects throughout the entire matter lifecycle. Not having the proper channels in place can impact everything from opening new matters to managing existing ones to reporting on matters at any phase in their lifecycle.

Does matter management stop with spend management?

But the benefits corporations stand to gain through a matter management solution don’t stop with spend management. Here are just a few other examples of how a best-of-breed legal matter management software can reward a corporate legal department:

What is matter management?

Matter Management (also referred to as Legal Matter Management) is the process in which matters and related data, such as type of legal work, attorneys on the case, budgets, and invoices, are gathered, tracked, and reported on by the legal department throughout the matter lifecycle.

Is matter management more comprehensive than case management?

Matter management tends to be more comprehensive than case management and refers to the many activities involved in managing every aspect of corporate legal practice, both internally and externally. As a result, matter management software is more robust, providing functionality beyond the key document storage capabilities of case management.

Can case and matter management systems be customized?

Both case and matter management systems can be customized to work in law firms and corporate counsel environments. Selecting a system will ultimately depend on how much customization is needed for your specific team.

What does "material" mean in a sentence?

When we use the word “material” as an adjective in ordinary writing, such as in “a material event occurred yesterday,” we typically mean that the noun (“event”) being modified by the adjective (“material”) is one of real significance, importance or consequence —i.e., not a normal run-of-the-mill occurrence. But “material” is one of those English words that has many meanings depending on the context. Thus, when Madonna proclaimed, in her 1985 song, “Material Girl,” that “we are living in a material world and I am a material girl,” her singing persona did not mean she was living in a significant world compared to other possible worlds and that she was an important woman in that world. Rather, she apparently meant that we live in a world composed of matter and that accumulating matter is preferred over other more ethereal things (and her singing persona was embracing that supposed reality fully). Dictionary definitions of the word “material” support either of these uses of the word as an adjective. But when used to modify a covenant or warranty in an acquisition agreement, the meaning of the word “material” is not necessarily derived from dictionary definitions.

Is "material" an adjective?

Dictionary definitions of the word “material” support either of these uses of the word as an adjective. But when used to modify a covenant or warranty in an acquisition agreement, the meaning of the word “material” is not necessarily derived from dictionary definitions. Buried in the wider discussion of the meaning and application ...