Law is an expansive field with a lot of moving parts. A legal practice that thrives one quarter may flounder the next, so it’s important for lawyers to remain open to new ideas at all times. That’s why many legal firms are exploring the idea of “law new.” It’s not always easy to define, but it’s a concept that’s worth considering for any firm looking to grow in a fast-changing world.
New law involves any kind of legal activity that is unique or different from the ways in which a law firm has conducted business in the past. This can include working with underserved communities, coming up with unique marketing strategies or developing entirely new kinds of legal services. New laws are also often referred to as alternative legal service providers (ALSPs) because they are seen as an alternative to traditional law firms.
The process for creating a law in the United States is called legislation or enactment. A bill is a proposed legislative initiative that needs to be approved by the Government and passed by Parliament in order to become law. Bills can be introduced by a senator or representative and are typically assigned to committees for research, discussion and change before they are voted on by the whole Senate or House of Representatives. If a bill passes both chambers, it will be sent to the President for approval or rejection.
Whether you’re dealing with real estate, employment or other topics, property law is one of the broadest areas of law and includes rules on ownership, possession and rights to use a particular thing. The law of property is made up of several subfields including land law, intellectual property, corporation law and trusts. In some countries, the term ‘real property’ is used to refer to anything that attaches to a piece of land such as a house or car while in other countries a distinction is made between real and personal property.
For example, in California, a new law will make it easier for job applicants to know what they might be paid by requiring companies with at least 15 employees to put salary ranges in job postings. However, intense business opposition blocked a provision that would have required them to break down salaries by position, gender and race. This is just one of many examples of laws being created to address various social problems or improve public safety. In some cases, laws are being created to combat a specific problem that has existed for a long time. In other cases, they’re being created to meet the unique needs of a particular industry.