Senior Legal Associate Interview Questions and Answers

Lease is a transfer of interest in immovable property, while a licence is a permission to use the property.

• Lease gives exclusive possession of the property to the lessee, while a licence does not.

• Lease is for a fixed term, while a licence can be for a fixed or indefinite term.

• Lease can be transferred or assigned, while a licence cannot be transferred or assigned.

• Examples of lease agreements include renting a house or office space, while examples of licence agreements include ...read more

ACP is Attorney-Client Privilege, which protects confidential communications between a client and their attorney.

• ACP is a legal concept that ensures that communications between a client and their attorney remain confidential and cannot be disclosed without the client's consent.

• This privilege applies to any communication made in confidence between the client and their attorney for the purpose of seeking legal advice or representation.

• Attorney work product refers to any materia...read more

I have worked on various legal tools including contract management software and legal research databases.

• Contract management software

• Legal research databases

• Document automation tools

• Litigation management software

• E-discovery tools

Yes, I have experience handling recovery suits in my previous role as a Legal Associate.

• Managed a portfolio of recovery suits for non-payment of dues

• Drafted legal notices and filed cases in court for recovery

• Negotiated settlements with defaulting parties to recover dues

• Worked closely with external legal counsel to expedite the recovery process

An indemnity clause is a contractual provision in which one party agrees to compensate the other party for specific losses or damages.

• Indemnity clauses are commonly found in contracts to allocate risk between parties.

• They typically outline the scope of indemnification, the process for making a claim, and any limitations on liability.

• For example, a construction contract may include an indemnity clause stating that the contractor will indemnify the owner for any third-party cla...read more

LOL is an acronym for Laugh Out Loud, IP clause refers to a section in a contract that deals with intellectual property, and Warranty is a guarantee provided by a seller to a buyer.

• LOL is commonly used in informal communication to indicate laughter or amusement.

• An IP clause in a contract may specify who owns the intellectual property created during the course of a project or employment.

• A warranty is a promise made by a seller to a buyer that the product or service being sold ...read more