General Legal Legal

What are Consumer Protection Laws and Why are they Important?

0 Love this post.0

The world of corporate law is a vast and often confusing world. And it is important for anyone looking to step into the legal world to be able to understand some of the more important aspects of it. To that end, we are going to be looking at consumer protection laws and why they are important. This guide will cover the topics in a basic manner, looking at the different aspects of consumer protection laws and why they are so important to, not only your legal career but the world as a whole.

The Basics

To put it simply, consumer protection laws do what it says on the tin. They are laws designed to protect consumers. But what does this mean? Essentially these laws look at making sure businesses are not price-gouging customers, protecting customer data, being truthful to customers and giving them a fair, proper customer experience. Things such as warranties and return policies are determined by consumer protection laws. Businesses can be hurt or even shut down if they do not adhere to these laws and individuals who run the businesses, can be fined, or even prosecuted for breaching these laws.

KYC

Know Your Customer, or KYC, is a method within the business world that is used to establish information about a customer. This system works two-fold, it benefits the business but also protects the customers. KYC is often a system that collects data from a customer, willingly, while they are using their business. This data is kept and stored and allows a business to tailor their experience to the customer, but also allows them to make sure a client is who they say they are. This is how KYC protects the customer. It is a system that stops fraudsters very early on. If a customer’s information has been stolen, KYC is used to make sure nothing fraudulent happens. Customer protection laws work their way into KYC. Businesses are required, by law, to make sure the customer data is secure and safe and not being misused for malicious, or fraudulent purposes. KYC can be handled on-site by a business or by an outside company. I tried KYC solutions from Fully-Verified.com and it proved to be an insightful look into how KYC works and was beneficial to my own company.

Importance

Why are these laws so important? They are not only designed to protect customers but also to keep businesses in check. Without these laws, companies would be free to do whatever they wish. They would be able to produce an advertisement that lies about products, meaning customers would not be getting the product they expect. This could cause a lot of harm, especially for products that have potentially life-threatening implications. Without these laws, companies would be able to sell faulty, or ineffective products, and not allow customers to claim on warranties or returns the products for a refund. This would essentially let scammers and fraudulent businesses run rampant. Without these laws, businesses would be allowed to use customer data however they want. They could sell it to whoever they like and cause serious harm to their customers.

The Next Step?

If you are interested in working in cooperate law, specifically in the field of customer protection laws, there are a number of ways you can go about it. There are a lot of active firms that are built around making sure businesses are adhering to these laws.  Watchdog organizations and the like are great places to look. It is also a good practice to look at how different countries handle their customer protection laws. For example, the EU has blanket customer protection laws for any company operating within Europe, even if they are based somewhere else.

Related

Breaking Into the World of Law: Starting Your Own Firm

Starting your own law firm can lead you to be part of a very strong and profitable industry. Lawyers and law firms are required for a variety of tasks and it is the opinion of many that it is a crucial service. Setting up your own law firm is something that is going to take time and precision as it is such a professional industry. Here are some key steps to help you break into the world of law and become a successful and trusted firm.

 

Legal Qualifications

First things first, you are joking to have to ensure that you are qualified to start up a law firm. You will need official approval and a license to practice before thinking about a single case. In order to be a working solicitor you will need the following qualifications.

 

-Three-year undergraduate degree

-One year Legal Practice Course

-Two years of Law Skills Course

-Two-year law training contract in an established law firm

 

Once you have gone through the motions of your law training you will be able to look at setting up your own firm, I would recommend remaining as a working solicitor for some time to give you some further experience in the industry.

 

Premises

After your training in order to set up your own law firm, you will have to go about sourcing some form of premises to operate from. That could start off as a home office situation and develops into actual offices depending on your budget. You may be able to find somewhere a lot easier if you are backed by external funding or investments, I would recommend using this money to establish your firm in a stable location.

 

Hiring

 It will come as no surprise that you will be unable to set up a law firm alone, you are going to need a team of talented and effective solicitors as well as extra staff 5o help around the firm. When it comes to hiring the greatest team of employees you should advertise the positions you need and put potential applicants through a fairly rigorous interview. Working in law is a demanding profession and you will have to be sure the people you hire are up to the task, and are worthy enough to represent your firm.

 

Training

In the initial stages of setting up your law firm it would be a good idea to set up some kind of training initiative. With training you will be able to ensure that all bases of your staff’s ability is checked over, this not only allows you to test the strength of your team but also tells your staff exactly what you are looking for from them. Just because someone is qualified for a position doesn’t mean they are the right person for the job, the law industry can be a cruel place and people who represent your firm must be able to deal with this in a professional way.

 

Student Placement

A great way of getting the word out about your law firm as well as getting first dibs on budding lawyers would be to set up placement schemes for students. This would build your reputation in a positive way in your local community and get people talking about your firm. As well as publicity you would be doing something good for the public which in turn boosts your image and makes people more likely to choose your firm to represent them, when they see you doing good for the community.

 

Advertising

How you advertise your services can be crucial in bringing your firm more clients, whether you choose to market online or in a physical way you should target a wide range of people. You must ensure you have a strong online presence giving potential customers all of the information they need to decide they want you, getting a new website design is a good idea as a professional-looking page is crucial for you to be taken seriously. Like any business your image must be maintained to show that you are serious about helping your clients with their needs.

 

Expanding the firm

If you have taken all of my advice you will be sure to have made progress in terms of your firm’s growth. How you deal with the expansion of your law firm is totally dependent on the direction you wish to go in. Some choose to remain relatively local and deal with the lower scale cases but, if you have aspirations of spreading countrywide I would begin by looking at investing in another premises, location is key as you must be able to simultaneously provide legal advice in two different areas, expansion like this will require more money, more staff, and more resources but the benefits are more than worth it.

 

Customer Service

A final piece of advice to be applied to any business including law would be to maintain a strong respect for your customers. The legal industry is one that can involve some sensitive issues, it is vital that you do not forget to instill a level of professionalism towards clients and their cases. This can be implemented through inspections and training regarding client interaction, particularly for those who are fresh out of Law school with little experience, customer service can be overlooked. However it is the simple things like being respectful towards clients that will give you and your law firm a professional reputation.

Love this post.0

How to Dress for Success in the Legal Industry

A competitive business for every member of the industry, the legal world isn’t easy to navigate. It’s a constant battle to come out and when you’re in competition with a number of like-minded individuals, it’s important to set yourself apart and ensure you don’t give anybody anything to complain about. One of the first things people notice about you is your appearance. We only get one chance to make a first impression, so it’s worth making sure it’s a good one. You want to make sure you look professional and garner respect. To ensure you look the part, here is some advice on how to dress for success in the legal industry.

Keep Tidy

Probably an easy tip, but it’s certainly worth being mindful of. In such a lucrative industry where respect is everything, you are expected to look well put together. Nobody will want to work with you if you can’t even keep yourself tidy – what must your work be like. Keep your ties neat and your shirt tucked in.

Keep Accessories to a Minimum

It may be tempting to add some flair to your outfit, but trust us, you don’t need it. Impress people with your work, not your flashy jewellery. One accessory it may be worth investing in is a good watch. You can find a number of professional watches online at galle.vn. It’ll help you stay punctual for meetings and keep you on your boss’s good side.

Keep It Simple

It’s important not to draw unnecessary attention to yourself whilst working in the legal industry. Chances are you’ll end up working on some pretty harrowing cases, it wouldn’t really be appropriate showing up to a hearing in a rainbow suit. You don’t want others thinking you don’t take your job seriously. Keep your outfits simple, plain and professional and let your hard work do all the talking.

Love this post.0

How Different European Countries Decide on New Laws

How Different European Countries Decide on New Laws

Law is an integral part of society today and you would be amazed at how many people don’t know the decision making that goes behind the rules that govern our lives. How many times have you wondered why that law is there? Or who came up with it, and why? Thankfully, there is a lot of information on Dutch lawfirm Le Poole Bekema explaining how European countries, such as Holland, decide on the new laws. There’s a lot more to it than just picking and it often takes years to establish new laws.

Many counties in Europe are part of the EU and this has a massive effect on the laws they implement. The European Commission proposes laws that are inside the EU’s parameters. That is to say, they are laws that the EU approve of. The level of scrutiny of these laws is then much higher because they not only represent that country but the EU as a whole. This means the laws are heavily reviewed, checked by professionals, and updated when necessary, all so that they are as effective as possible. Any new European laws are proposed by the European Commission. The laws are set up and refined by them so that the interests of the union are protected and as a result, it’s citizens. The European Commission will send a legislative proposal to the European Parliament and also the Council of the European Union who then must reach an agreement on the text for it to become an actual law.

A lot of people can have their say in the law-making process, including businesses, members of the public, public authorities such as the police, and stakeholders. This concept, known as better regulation, is a huge part of the process of creating new laws. It shows the European Commission actually listens to those that the laws will directly affect and it is usually evidence-based. It allows the laws to be put in place for the people to improve the things that really need to be improved. this helps the Commission to reach its target at a low cost and with less work going into the admin side. It shows people that they are being listened to and therefore feels more inclusive.

There are many ways interested members of the public and shareholders can suggest new laws, such as impact assessments, legislative proposals, elements of evaluations and fitness checks, or previous laws and roadmaps where the Commission demonstrates new ideas for policies or reviews of existing ones.

Passing Law

Whenever a law is passed, the Council of the European union can authorize the Commission to take two types of acts that aren’t legislative to ensure laws are implemented properly or updated if required. If it wasn’t clear by now, the Commission is solely responsible for ensuring whether the EU laws are applied on time and in a suitable manner.  That is why many refer to it as the Guardian of Treaties. If an EU country does not apply the law in the intended fashion or worse, doesn’t make the proposed legislation part of the new law at all, it will take steps to correct this. These steps may include holding formal infringement hearings, against the particular country. This has been known to happen in the past.

The benefit of the Commission is used to set up new European laws is it is monitored heavily. The EU laws are regularly evaluated to see if they have had the desired effect they were set up to do. the findings of the evaluation will encourage the Commission to decide whether or not the EU actions have any need to be changed. They really listen to the public as anyone is able to give feedback and take part in evaluations and checks on the laws.

The impact the EU has had on European laws is astronomical. Since the Second World War, the EU has intended to deepen its integration in search of a peaceful future and growth in the economy. By regulating European laws, they are able to help in a big way and ensure the public and businesses really get their voices heard. The European Parliament is the only elected EU body and they are the ones tasked with proposing the laws, implementing decisions, regulating issues, and representing the EU around the world. It may not be able to propose legislation but laws cannot pass through it without their approval. Currently, the leader of the EU parliament is Italian politician, David Sassoli.

The Council of Ministers, also known as the Council of the European Union, are the ones who also need to approve of legislation before it passes. They consist of government ministers from all countries of the EU and they are all organized by their area of policy.

 

Love this post.0

Leave a Reply

Your email address will not be published. Required fields are marked *