Legal opinion AND vETTING
This query is : Resolved
28 November 2022
Dear Experts
Whtats the difference between Vetting of documents and legal opinion
Thanks
Whtats the difference between Vetting of documents and legal opinion
Thanks
28 November 2022
A careful and critical examination of documents that has to be executed in terms of law is called Legal vetting. It ensures the following:
monetary security
legal remedy
well defined issues
clarity of aspects and monetary terms, etc.
Where as a legal opinion is (in the form of a letter issued by a law firm) expressing legal conclusions and/or analysis of a specific transaction or view regarding certain issue. The recipient of the opinion will then rely on its contents as a basis for entering into the transaction.
Simply put, a legal opinion is issued by a lawyer or law firm by vetting the issue, to the client/seeker.
monetary security
legal remedy
well defined issues
clarity of aspects and monetary terms, etc.
Where as a legal opinion is (in the form of a letter issued by a law firm) expressing legal conclusions and/or analysis of a specific transaction or view regarding certain issue. The recipient of the opinion will then rely on its contents as a basis for entering into the transaction.
Simply put, a legal opinion is issued by a lawyer or law firm by vetting the issue, to the client/seeker.
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