Local Rules, Local Practice
Although most court systems have civil procedure rules such as …
Lock-in (consumer)
Sometimes also referred to as “vendor lock-in” it refers to …
Lock-in (corporate)
Refers to a requirement in a buy-out situation for certain …
Lock-Up Period
A period of time after an IPO during which insiders …
Lockout Device
Embedded code or device, usually in software, that disables the …
Locus Standi
Latin for the legal concept of ‘Standing.’
Lodestar, Amount, Method
A lodestar is a guiding star, typically the pole star, …
London Agreement
An agreement between the members of the European Patent Convention …
Long-Arm Statute
U.S. legal terminology for a state statute that provides that …
Long-Felt-Need, Proof of
Demonstrating that there has long been a recognized need for …