- •Unit 1: introduction to contracts_revision
- •Vocabulary Basic terms and definitions
- •Reading 1
- •1.1. Visual Aids
- •Chart 1: Elements of a contract
- •Functional language
- •Remember!
- •The elements of a contract
- •Terminology in Use
- •Revocation, rejection, counter-offer, lapse of time, death of the offeror or offeree
- •The elements of a contract
- •Speaking
- •Difference Between Void and Voidable Contract
- •Common Boilerplate Provisions in Contracts
- •What is a Boilerplate Provision?
- •Standard Boilerplate Provisions in Contracts.
- •Top Five Paraphrasing Techniques
- •1. Use Synonyms
- •2. Use a Different Word Form
- •3. Change from the Active to the Passive
- •4. Change the word order
- •5. Use a combination of techniques
- •The Top 7 Mistakes We See In Sale & Purchase Contracts
- •What Are Smart Contracts on the Blockchain and How They Work
- •Technology won't soon replace lawyers, but it is saving them time, and their clients, money
- •Appendix 1
- •I. How to render an article
- •II. Useful phrases for rendering the article:
- •III. Article rendering sample
- •Translation
- •Vocabulary list
- •Remember!
- •Elements and types of a contract
- •The doctrine of consideration in contract law
III. Article rendering sample
New Zealand free trade deal with UK promises to “drive collaboration” with legal regulators
Ben Rigby https://www.globallegalpost.com
A free trade deal will “drive collaboration” between UK and New Zealand regulators and promote the cross-border exchange of legal services by making it easier for lawyers to practice in both jurisdictions, the UK government has said.
The draft deal, sealed today between the UK and New Zealand after 16 months of negotiations, is the latest to be reached by the UK after its departure from the European Union as it looks to gain a greater foothold in the Indo-Pacific market.
The Department for International Trade (DIT) said the new deal will promote coo-peration between legal regulators to lower barriers to local practice and encourage relevant authorities to create “efficient and transparent” routes to recognition of professional qualifications.
Under the agreement, UK and New Zealand lawyers will be able to continue to provide legal services related to their home jurisdictions, foreign law and international law, as well as to provide arbitration and mediation services related to international, foreign or their home jurisdiction law in the other country’s territory without needing to requalify, the DIT added.
UK lawyers will also benefit from improved business travel arrangements, allowing UK companies to set up shop more easily in New Zealand. The new deal was welcomed by the Law Society of England and Wales, which said the agreement “reflects the importance of market access for services in both economies”.
Stephanie Boyce, Law Society president, added that the deal “confirms existing rights of UK and New Zealand lawyers to advise clients in their home country and international law”. According to the Law Society, the agreement’s proposed chapter on domestic regulation is a first in New Zealand and UK trade practices.
Nick Robbins, founder and director of UK legal recruiters Nicholas Scott, said the deal also brings “very good news for a candidate-short lawyer market in London” consi-dering the high value often placed on New Zealand-trained lawyers in the UK, particularly those with corporate, banking and finance backgrounds.
In addition to the overall facilitation of legal service trade, the UK government expects the new deal to “pave the way” for the UK to join the six-member Asia-Pacific trade treaty known as the Trans-Pacific Partnership (CPTPP), for which it entered negotiations in June. Among the other deals reached by the UK in the wake of Brexit are its partnerships with Norway, Japan and Australia.
The title of the article is “New Zealand free trade deal with UK promises to ‘drive collaboration’ with legal regulators”. The author of the article is Ben Rigby. The article is published on The Global Legal Post website.
The article is devoted to a free trade deal between UK and New Zealand.
The main purpose of the article is to provide the reader with some information concerning the conclusion of the free trade deal, its significance and expected contribution to the cooperation between UK and New Zealand in legal practice.
At the beginning of the article the author quotes the UK government as predicting that the new deal will enhance cooperation between UK and New Zealand regulators and facilitate lawyers practice in both jurisdictions. The deal, which was preceded by 16 months of negotiations, marks another step into the Indo-Pacific market after Brexit.
According to the Department for International Trade, the deal is expected to open access to local practice and arrange “efficient and transparent” procedures for recognizing professional qualifications. Subject to the agreement, UK and New Zealand lawyers will be allowed to practice without requalification.
It is pointed out that the Law Society of England and Wales and, in particular, its president Stephanie Boyce, highly valuates the new deal as it “reflects the importance of market access for services in both economies”. Moreover, the Law Society considers the agreement’s chapter on domestic regulation as a first in both countries’ practices.
Then the author quotes Nick Robbins, founder and director of UK legal recruiters Nicholas Scott, who believes that the deal is in the best interest of London’s lawyer market that is in need of talented New Zealand-trained lawyers.
The article concludes by saying that the UK government considers the new deal as a tool for joining the Trans-Pacific Partnership, apart from the partnering with Norway, Japan and Australia.
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