What Is a Contingency Fee?

Legal AssistantBusiness Law

You’ve likely come across ads on television with a dashing attorney in a tailored fit suit saying something along the lines of “…we don’t get paid unless you do…” If you’re currently in the middle of a sticky legal situation with limited financial resources to fight it in court, ads like that sound extremely promising. What you may not be …

Vehicle Recall with sign on the piece of paper

Vehicle Recall Laws – What Is a Vehicle Recall?

Legal AssistantBusiness Law

According to Title 49 Chapter 301 of the United States Code, motor vehicle safety is defined as the performance of motor vehicles or vehicle equipment in a manner that safeguards the public against the unreasonable risk of accidents that may result in injury or death, stemming from a defect in their construction, design, or performance. In the best-case scenario, car …

Tesla Autopilot Crash

Tesla Autopilot Crash: The Future of Autonomous Vehicles

Legal AssistantBusiness Law

In 2015, the Guardian made a rather bold prediction that road users would become permanent backseat drivers by 2020. While there certainly has been tremendous growth in the autonomous vehicle industry, the leading names in tech still have a long way to go before self-driving cars replace human drivers entirely. Fully autonomous vehicles are still largely out of reach except …

What Is Wire Fraud

What Is Wire Fraud?

Legal AssistantAdministrative Law, Business Law, Criminal Law, Regulatory Law

Wire fraud is one of the most common crimes federal authorities prosecute on a day-to-day basis. It involves a carefully woven scheme to defraud an unsuspecting victim of money or property. A criminal will typically employ some means of deceit or deception to lure the victim through concealment, misrepresentation, or a series of false statements. It is a serious crime …

Liable In a Roller Coaster Accident

Who Is Liable In a Roller Coaster Accident?

Legal AssistantBusiness Law, Personal Injury Law

It’s all fun and games at amusement parks until someone gets hurt. No one ever goes to Disney World thinking that they may require medical attention afterward. According to statistics from the Consumer Product Safety Commission, approximately 8,800 people get injured on roller coaster rides every year. In reality, this number could be much higher since this data only accounts …

Facebook Lawsuit

Facebook Lawsuit – A New Precedent in Privacy Laws

Legal AssistantAdministrative Law, Business Law, Constitutional Law, Consumer Law, Regulatory Law, Resources

On February 26, 2021, Facebook was ordered to pay $650 million for violating Illinois State privacy laws. More than 1.6 million state residents are expected to receive at least $345 each in a ruling made at a California federal court in the settlement. The cumulative settlement amount was $100 million more than what Facebook had initially proposed in 2020. According …

Did Robinhood Act Illegally in the Gamestop Short Squeeze

Did Robinhood Act Illegally in the Gamestop Short Squeeze

Legal AssistantBusiness Law, Resources

A few weeks ago, a group of investors on Reddit gave new meaning to the term “social movement” after banding together and encouraging anyone who would listen to invest in GameStop shares. The movement, which first started on WallStreetBets – a forum on the popular social platform –, was aimed at punishing Wall Street investors, many of whom were hedge …

Securities and Exchange Commission

What Is the Role of the Securities and Exchange Commission (SEC)

Legal AssistantAdministrative Law, Business Law, Regulatory Law, Resources

Have you ever wondered what a world without the stock market would look like? Let’s just say things would be very different from what they are now. For one thing, getting business funding would be virtually impossible. Business growth would progress at an unbelievably slow pace, if at all, and the economy would stagnate. Now, picture a world where the …

Where Does Stimulus Money Come From

Where Does Stimulus Money Come From?

Legal AssistantBusiness Law, Constitutional Law

A few weeks ago, President Trump signed the $900 billion stimulus funding legislation into law. This effectively circumvented a looming government shutdown after demanding critical changes to the sprawling package. The money was channeled towards providing enhanced federal unemployment benefits, extending financial aid to struggling households in the form of stimulus checks, and providing funding for childcare, schools, small businesses, …