Define: Legal Expenses

How is Legal Expenses defined in a legal contract?

• Legal Expenses means the variety of fees, costs and potential expenses that could be incurred by a protected party in the process of investigating, preparing for, and defending against certain disputed claims.
  Seen in 69 SEC filings.
• Legal Expenses means the various fees and costs reasonably incurred during, the defense or investigation of any potential losses.
  Seen in 16 SEC filings.
• Legal Expenses means the fees, costs and expenses reasonably associated by a protected party in relationship to any potential or actively disputed claim, up until an indemnifying party has assumed control of the defense of that claim.
  Seen in 8 SEC filings.

Avoided definitions related to amounts, specific organizations, or legal clause specifics. Further stripped definitions were avoided due to associations with certain organizations, locations or region specifics.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for ‘Definitions of legal expenses’ yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Legal Expenses means the fees, costs and expenses incurred by a protected party relating to any investigation, preparation for, or defense against disputed claims.

Relevant Contract Types

• Employment Contracts
• Consulting Agreements
• Non-disclosure Agreements
• Partnership Agreements
• Sales Contracts

Relevant Circumstances

• Legal disputes
• Contract violation cases
• Internal investigations

Relevant Sectors

• Information Technology
• Construction
• Health Care
• Real Estate

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Genie Definition 2

• Legal Expenses means attorneys', accountants', investigators', and experts' fees and costs reasonably sustained during the defense or investigation of potential losses.

Relevant Contract Types

• Shareholder Agreements
• License Agreements
• Supply Agreements
• Franchise Agreements
• Service Agreements

Relevant Circumstances

• Financial audits
• Intellectual property disputes
• Regulatory compliance issues

Relevant Sectors

• Finance
• Telecommunications
• Manufacturing
• Transportation

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