LAW 122 Lecture Notes - Lecture 1: Judgment Debtor, Counterclaim, Risk Management
Document Summary
Chapter 2 litigation and alternative dispute r esolution. Litigation the system of resolving disputes in court. Class actions allows a single person or a small group of people to sue on behalf of a larger group of claimants. Professional liability insurance allows a client to receive compensation from a lawyer"s insurance company if the lawyer has acted carelessly. Assurance funds provides compensation to people who have been hurt by dishonest lawyers. Paralegals not a lawyer but provides legal advice and services. Pleadings the document used to identify the issues an clarify the nature of a dispute. Plaintiff the person who is making the complaint. Defendant the person whom the complaint is being made. Limitation period a period of time within which an action must be started. Statement of claim document in which the plaintiff outlines the natures of the complaint.