Bankruptcy laws focus on helping individuals solve and repay their debts after they have suffered heavy losses. In the United States there were bankruptcy laws as early as 1800. However, the first voluntary bankruptcy laws were allowed through the Acts of 1841 and in 1867. These laws along with the Bankruptcy Act in 1898 also called the Nelson Act are what our modern debtor/creditor relation system are based on. It is common to hear that a person in a bad (…)
The Central Intelligence Agency is the primary agency in the United States that is responsible for providing the government with global intelligence for the ever changing social, economic, political, military, and technological environments throughout the world. The main goal and mission of a CIA agent is to protect the United States national security. According to the CIA.gov careers section, there are myriad of job types available including: IT, Business, and Security Positions Security positions IT positions Business positions Analytical positions Language positions Clandestine service (…)
While parole officers and probation officers are often discussed together, these two jobs are not identical. A parole officer works with a person that has been released from a state or a federal prison. A prisoner may be released on parole, but the individual is still not completely free of supervision and the release has strict conditions. Parole can be revoked for almost any type of infraction. The role of a parole officer is to help an individual that has been incarcerated (…)
Statutory law is law that’s written by a legislative body. It’s law that a government deliberately creates through elected legislators and an official legislative process. It’s up to the judiciary to interpret and enforce statutory law, but the judiciary can’t create statutory law. Laws created by statute are often codified. That means they’re all put together in one place and given numbers for reference. For example, the United States Code is the indexed collection of U.S. law. States have their own collections of statutes (…)
Insurance law is the collection of laws and regulations that relate to insurance. Insurance is a contract between two parties. It transfers the risk of loss to the other party to the contract in exchange for a fee called a premium. Insurance laws and regulations manage and control how insurance contracts are formed and enforced. Insurance laws manage the offering, buying, selling and claims processes for insurance in the United States. In the United States alone, insurance is a trillion dollar (…)
Advertising is everywhere. Each and every day we see countless television commercials, magazine ads, billboards, posters, and more – all meant to convince us to buy one product or another. Something many people don’t consider, however, are the laws and regulations that govern the ways in which companies may or may not legally advertise. Attorneys who work in advertising law are behind the scenes, providing guidance through law firms or in-house counsel and making sure that companies play by the (…)
The Master of Laws degree is the second level law degree a person earns, after a Juris doctor. This degree is earned by completing a full time program for one year. Typically, a legal professional or law student will pursue the master of laws degree in order to gain expertise in a specific area of the law, for example in international law, business law, tax law or family law. The majority of law firms prefers candidates that have masters of law (…)
Derivatives and futures law is the collection of laws that regulate trading in derivatives and futures. Derivatives and futures law involves regulations. It also involves compliance. Practicing derivatives and futures law requires identifying applicable laws and regulations, creating a compliance plan and helping clients negotiate business transactions. Attorneys in the area of law may also help their clients defend against enforcement actions. What are futures and derivatives? A derivative or future is a financial contract where the value of the (…)
Administrative law is the body of law and legal work that deals with government agencies. Lawmakers create government agencies to carry out laws and administer the functions of government. These agencies create, implement and enforce regulations. All of the work that goes into these activities falls under the category of administrative law. Administrative law is a diverse area of law The term administrative law is a broad term that encompasses many different types of law. A lawyer that practices administrative (…)
A detective and a criminal investigator, who are often called special agents or agents, have the job of collecting evidence and gathering facts of possible crimes. The duties of a detective will depend on the type and size of the organization that they work for. According to the Bureau of Labor Statistics (BLS), there were 109,960 active detectives and criminal investigators working in the US with an average salary of $79,030. Typical Duties of Detectives The typical duties of a (…)
Privacy law refers to the laws that deal with the regulating, storing, and using of personally identifiable information of individuals, which can be collected by governments, public or private organisations, or other individuals. Privacy laws are considered within the context of an individual’s privacy rights or within reasonable expectation of privacy. The right to privacy is not explicitly stated anywhere in the Bill of Rights. The idea of a right to privacy was first addressed within a legal context in the United States. Louis Brandeis (later a Supreme Court justice) (…)
According to the Drug Enforcement Administration (DEA.gov), the DEA is the premier drug enforcement organization in the world and the only single mission federal agency dedicated to drug law enforcement. Using unique operational and intelligence capabilities, the men and women of DEA identify, investigate, disrupt, and dismantle major drug trafficking organizations and those who facilitate them, remove drugs and violent criminals from our neighborhoods, and fight the diversion of licit drugs. For those that are interested in working for the Drug (…)
Technology law is complicated as technology is forever changing. Along with new technological advances new laws are created to help control issues that may arise. The internet has been one of the main advances in technology where laws have had trouble keeping up. There are many areas of technology law including information, internet, and civil liberties including the right to free speech. Technology Law is a relatively new term in our language – so new that it means different things (…)
Health law is the wide body of law that regulates the provision of healthcare services. Health law governs the relationship between those who provide healthcare and those who receive it. There are many topics and subtopics involved in the provision of healthcare law including provision of services, contracts, employment law and fraud. Health lawyers may focus on one area of healthcare law, or they may provide comprehensive legal services for a healthcare provider. Major health law legislation in the United (…)
Copyright law is the area of law that protects the right of authors, artists and creators to profit from their work. The purpose of copyright law is to encourage people to make creative works. Lawmakers believe that people are more likely to invest the time and effort to make creative, artistic works if they know they’re going to have the exclusive right to profit from those works. What’s protected under copyright law Copyright laws protect the rights of the people (…)
Family law is the area of law that addresses family relationships. It includes creating family relationships and breaking them through divorce and termination of parental rights. Family law addresses adoption, contested custody of children and the child support obligations that result. Because family law is the practice of law that relates to relationships and children, it can be one of the most emotional areas of law. Family lawyers are involved in very personal aspects of their client’s lives. Family law practice (…)
Maritime law is the collection of laws and agreements that govern behavior and activities on the seas. The area of law governs how people interact and do business on the waters of the world. Also called admiralty law, maritime law primarily governs activities on international waters. However, there are also laws that apply to the waters in and near each country. Generally, each country applies their own laws to inland waters like lakes and rivers. When most Americans board a (…)
Music law is the law that affects the music industry. Music is commercially bought and sold in the United States and around the world. Any law that impacts how the music industry does business is part of music law. Music law includes any laws of any kind that apply to the business of creating, selling, performing and listening to music. Music law is a part of entertainment law. Who does music law impact? Music laws impact most people in society (…)
Banking law is the broad term for laws that govern how banks and other financial institutions conduct business. Banks must comply with a myriad of federal, state and even local regulations. Lawyers perform a wide variety of functions that relate to creating, following and enforcing regulations. Multiple federal agencies oversee banking regulations. A bank or other financial institution might fall under regulations of the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve System or the Office of the Comptroller of (…)
Private funds and hedge funds are investment funds that are a part of a diverse market range. In the United States only accredited investors are allowed to participate in Hedge Funds. The term hedge fund is credited to Alfred W. Jones, a financial journalist who first used the phrase “hedged fund” in 1949. A private / hedge fund is an investment fund that pools capital from accredited investors or institutional investors and invests in a variety of assets, often with (…)