Whois & Analysis for klgates.com

International law is the set of rules generally regarded and accepted as binding in relations between states and between nations.

It serves as a framework for the practice of stable and organized international relations.

International law differs from state-based legal systems in that it is primarily applicable to countries rather than to private citizens.

National law may become international law when treaties delegate national jurisdiction to supranational tribunals such as the European Court of Human Rights or the International Criminal Court.

Treaties such as the Geneva Conventions may require national law to conform to respective parts.

A law firm is a business entity formed by one or more lawyers to engage in the practice of law.

The primary service rendered by a law firm is to advise clients (individuals or corporations) about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought.

Globalization or globalisation (see spelling differences) is the action or procedure of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.

Advances in transportation (such as the steam locomotive, steamship, jet engine, and container ships) and in telecommunications infrastructure (including the rise of the telegraph and its modern offspring, the Internet and mobile phones) have been major factors in globalization, generating further interdependence of economic and cultural activities.

A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities.

It therefore exhibits elements of partnerships and corporations.

In an LLP, one partner is not responsible or liable for another partner's misconduct or negligence.

This is an important difference from the traditional unlimited partnership under the Partnership Act 1890 (for the UK), in which each partner has joint and several liability.

In an LLP, some partners have a form of limited liability similar to that of the shareholders of a corporation.

In some countries, an LLP must also have at least one thing called as a "general partner" with unlimited liability.

Unlike corporate shareholders, the partners have the right to manage the business directly.

In contrast, corporate shareholders have to elect a board of directors under the laws of various state charters.

The board organizes itself (also under the laws of the various state charters) and hires corporate officers who then have as "corporate" individuals the legal responsibility to manage the corporation in the corporation's best interest.

A LLP also contains a different level of tax liability from that of a corporation.

Strategic management involves the formulation and implementation of the major goals and initiatives taken by a company's top management on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization competes.