Legal Associate Interview Questions and Answers for Freshers

Termination refers to the end of a legal agreement or contract.

• Termination is the conclusion or ending of a legal relationship between parties.

• It can occur due to completion of the agreed upon terms, breach of contract, or mutual agreement.

• Examples include the termination of an employment contract, lease agreement, or partnership agreement.

Procedure of 138 NI act

• Section 138 of the Negotiable Instruments Act deals with dishonor of cheques

• The procedure starts with issuing a legal notice to the defaulter

• If the defaulter fails to make the payment within 15 days of receiving the notice, a complaint can be filed in the court

• The court will then issue summons to the defaulter and conduct a trial

• If found guilty, the defaulter can be punished with imprisonment or fine or both

Indemnity is a legal obligation to compensate for harm or loss incurred by another party.

• Indemnity is a contractual agreement where one party agrees to compensate the other party for specified losses or damages.

• It is commonly used in insurance contracts to protect against financial losses.

• Examples include professional liability insurance where a company agrees to indemnify an individual for legal costs incurred due to a lawsuit.

• Indemnity clauses are often included in contract...read more

Liability refers to legal responsibility for one's actions or debts.

• Liability is the state of being responsible for something, such as a debt or obligation.

• It can be civil or criminal in nature, depending on the circumstances.

• Examples include a company being liable for a defective product, or an individual being liable for damages in a car accident.

The acts in the 7th schedule of the Indian Constitution relate to the division of powers between the Union and State governments.

• The acts in the 7th schedule are categorized into three lists: Union List, State List, and Concurrent List.

• Union List includes subjects on which only the Union government can make laws, such as defense, foreign affairs, and banking.

• State List includes subjects on which only the State governments can make laws, such as police, public health, and loca...read more

My expected CTC is in the range of 8-10 lakhs per annum.

• I have researched the market and industry standards for Legal Associates with my level of experience.

• I am open to negotiation based on the specific job responsibilities and benefits offered.

• I am looking for a fair and competitive salary package that reflects my skills and expertise.

• I am also interested in opportunities for growth and development within the company.

EDRM stands for Electronic Discovery Reference Model, a framework that outlines the standards for the recovery and discovery of digital data.

• EDRM is a framework used in the legal field to guide the electronic discovery process.

• It consists of various stages including identification, preservation, collection, processing, review, analysis, and production of electronic data.

• EDRM helps organizations and legal professionals manage electronic data in a structured and efficient manne...read more

My current CTC is INR 8 lakhs per annum.

• My current salary package is INR 8 lakhs per annum.

• I receive a monthly salary of INR 66,666.67.

• This includes my basic salary, allowances, and other benefits.

• I am open to discussing my salary expectations for this role.