Legals

The term 'legals' functions as a plural noun referring to legal matters, documents, or personnel, often used in a professional or business context. It encompasses all things related to the law, including contracts, compliance, litigation, and the people who work within the legal field. 'Legals' can be a broad term, and its specific meaning depends heavily on the context of its use, frequently implying a sense of complexity, importance, and the potential for specific consequences.

Legals meaning with examples

• The company's 'legals' department meticulously reviewed all contracts to ensure compliance with current regulations, making sure everything was structured in accordance with the law. This process aimed to minimize legal risks. The team paid special attention to language and wording within contracts to limit liability.
• During the merger, the 'legals' team spent months drafting and negotiating agreements. This involved intense review, back-and-forth revisions, and detailed negotiations with the other company. The aim was to reach the final signatures while protecting all aspects of the company.
• After a data breach, 'legals' were immediately involved in assessing the scope of the incident. They advised on how to handle communications and potential lawsuits. They assessed potential liabilities in order to mitigate all financial and reputational harm from this breach.
• Before launching the new product, 'legals' meticulously assessed all potential risks and liabilities. They reviewed marketing materials, assessed product liability issues, and ensured they complied with all pertinent consumer protection laws. The goal was to create something risk-free.