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Simple English definitions for legal terms

bespeaks-caution doctrine

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A quick definition of bespeaks-caution doctrine:

The bespeaks-caution doctrine is a rule in securities law that says if a company provides information about its future performance, like predictions or opinions, and also warns investors that things might change, then that information is not considered misleading. This rule was made official in 1995 to protect companies from lawsuits if they provide cautionary language with their soft information.

A more thorough explanation:

The bespeaks-caution doctrine is a principle in securities law that states that if a prospectus contains soft information, such as forecasts, estimates, opinions, or projections about future performance, and is accompanied by cautionary language that adequately warns investors that actual results or events may affect performance, then the soft information may not be materially misleading to investors.

For example, if a company includes a forecast of future earnings in its prospectus, but also includes a statement that the forecast is based on assumptions that may not be accurate and that actual results may differ, then the bespeaks-caution doctrine may apply. This is because the cautionary language warns investors that the forecast may not be accurate and that actual results may differ, which reduces the risk of investors being misled by the soft information.

The bespeaks-caution doctrine was codified in the Private Securities Litigation Reform Act of 1995, which aimed to reduce frivolous securities lawsuits by providing a safe harbor for forward-looking statements that are accompanied by meaningful cautionary language.

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First, RC is something you been doing since grade 1, so unlike LR or LG, it is something you have been exposed to and you will have a natural affinity for it that will be hard to move beyond. Second, you need to just do more of them lol Know all the rules and question types etc. from a curriculum, one of the tried and true like PS or 7sage or what not, then you just drill. Of course that also means you need to review your answers in depth - you need to find where in your thought process you made an error so it doesnt happen again. It also helps to solidify right thought pathways. And not about content like "oh yeah i guess the blacks in 1870s latino communities were creole," but like "oh yes question asks for y and i said z so in the answer i mistook x for w being the right answer" lol aka structural approach. That is all i gots for free lol hire a tutor if you need more.
For LR, look at it as mathematical word problems with algebra.
AngryMiniCar
16:32
Thanks @premiumfrequentcrane. Windy I think (oddly enough) I'm having the most trouble with liberal arts/arts based passages. So anything about the arts/ a writer or author/ music I mess up on even if the passage is super easy.
Usually happens when you apply too much opinion to the passage lol that is also why i said 0 to -2 is RC mastery as opposed to -0 as sometimes you may think that author's pov in the opera comparative passages is "facetious" and they were looking for "apathetic"
AngryMiniCar
16:36
That's likely true.
Remember, all people who go to law school having to do LSAT prep is also about social engineering lol Like you should have some shared basis in how you think/talkk, hence "lawyer talk," but how do they choose which ones to release for everyone to do, from a content perspective? Is it a coincidence we get many climate change content questions? LOL So what i am getting at is that is sometimes VERY subjective lol So dont beat yourself up TOO bad on arts in RC, but obvs work on it.
How many t-14s are appropriate to apply to if i have a 170 lsat
this is for next cycle
everyone saying medians are gonna be crazy so idk what i should be aiming for. 3.9+ gpa if it matters
r/lsa makes me feel like im stupid for having a 170 lol
@RasheedWallaceFan: your gpa is above all medians, so apply broadly
Okay thank you for the input, the other thing im struggling with is just making a school list in general. I am insecure so im like do i have to apply to 5 low ranked schools just in case? I guess I am trying to figure out where the "safety" cutoff is and my list right now is 25 schools so idk if thats too much
@RasheedWallaceFan: 25 is on the high end, but you should apply to however many you feel comfortable with. imo, a safety is anywhere you are well above both medians. you can look at my school list for inspo if you'd like
you shouldn't apply to anywhere you wouldn't realistically go if it was your only offer
for sure, thank you a lot. Have fun at michigan that will be awesome!
NosyBeagle
17:13
it is 4pm here so it's time for nyt sudoku (I'm not good at sudoku either)
omg i just did the wordle and mini
NosyBeagle
17:14
love nyt games
SAMEEEEE
NosyBeagle
17:14
i do them in between studying to keep sane
@RasheedWallaceFan: take your list and research the city, campus, tuition, bar passage, employment by sector, etc.!!! it might help you narrow down your school choices
also don't pay much attention to the people on reddit. there's genuinely good advice but there's a ton of people who are just energy vampires (average reddit user)
@NosyBeagle: that is so real
me playing a mobile game after a 7sage section
NosyBeagle
17:26
i have or im gonna get the lsat blues
NosyBeagle
17:26
lol
17:30
I already have the LSAT blues... not as much as I am going to have between June 7 and June 25 though :P
17:31
The real reason why lawyers are alchoholics... Because there is so much of a wait time between tests and scores.
NosyBeagle
17:48
i already became one in undergrad so ill fit right in
Are the 7sage app requirements as far as essays go accurate? I would love to spend my summer preparing my applications but I dont want to waste time writing essays that wont be there. Is there a way to know what will be on the apps, or when those apps will be available to view? Or should I just focus on my PS and DS for now?
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