Frequently Asked Questions
What is the difference between equity and law?
Equity and law are two distinct branches of the legal system. While law is based on statutes and legal principles, equity is concerned with fairness and justice. While law provides a set of rules that must be followed, equity allows for flexibility and discretion in order to achieve a just outcome.
What are some examples of equitable remedies?
Equitable remedies are remedies that are granted by a court in order to provide fairness and justice. Some examples of equitable remedies include injunctions, specific performance, and rescission. Injunctions are court orders that require a party to do or refrain from doing a certain action. Specific performance is a remedy that requires a party to fulfill their contractual obligations. Rescission is the cancellation of a contract.
The 2023 Legal Trends Report
Dive into this data-driven analysis and gain valuable insights on legal cloud technologies, evolving client expectations, state-by-state billing rate breakdowns, and more.