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Simple English definitions for legal terms

new business

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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

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Manifest, I would do that for Stanford but I would have no idea what to say weekly. Just ask them not to forget about me?
17:19
Well, I would attend the next one if you're able
i think an email with no body and a subject line saying "please"
17:19
real
17:19
@BarryZuckercornEsq: Oh I'm referring to people who are doing some kind of fellowship etc. abroad (Peace Corps, Fulbright, etc.)
17:20
Not to mention international applicants
17:20
i was in seoul during the last waitlist info session so i didn't join
17:21
Agreed that anyone who misses an info session because they're on a long European vacation will be fine
17:21
Or EMEA vacation in this example
17:22
i wish i had the money for a european vacation
you will once youre a federal atty
17:24
i plan to go in public interest, i wont have that kinda money lol
omg same
I also don't feel bad for Fulbrights. They'll be alright
17:24
i'll be lucky to afford a home lol
17:24
omg yess
International status generally being a debuff sucks tho for sure
LegalUsername
17:26
There are waitlist sessions for GULC? I never got one after receiving the SPWL.
LegalUsername
17:27
Or maybe it's because I got it yesterday?
SplitOnMe
17:27
yeah they happened a while ago
theres one for NU coming up
17:29
Georgetown waitlists 4000 people a year, they basically have to divvy the waitlistees up across multiple sessions over time
yeah I'll be logged into the NU one so they don't ding me for missing but no shot I'll actually be able to pay attention bc I'll be working
17:30
Imagine being the admissions staffer(s) who need to monitor Q&A for a 4,000 person zoom
USNWR needs to just bump schools back 20 places if they waitlist more than like 10% of apps
17:32
Penn Purge, the reprise
Everyone who was on the WL at the time got that invite but you might not have gotten it if you applied later
Re: GULC WL session
i didnt get it but i believe i received the wl notif after the email went out which like, fair
17:34
It *is* somewhat tricky to plan waitlists, because there are a whole bunch of subgroups you need there. Not just the stats you need to tune and needs people fill (URM, veteran, regional balance, international, STEM), but buckets like "These are the specific STEM majors we might take if we have a bunch of STEM majors go elsewhere, and we've locked down our GPA median, and we need to shore up our LSAT median, and our aid budget is almost exhausted so we need people that would accept a waitlist A with minimal aid (not the 180s)
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