Criminal vs Civil Lawyer- What’s the Difference?

lawyer

As we all know that a lawyer is a one who has studied law, completed the practical legal training and represent someone in legal matters in court. Lawyers work in a variety of fields starting from criminal law to divorce law, patent law, civil law etc. Their job includes counseling the clients about legal matters and representing on behalf of them in criminal or civil court. They also do duties not only inside the courtroom but outside as well which includes researching or preparing cases and offering their advice.

Types of lawyers

There are many types of lawyers such as corporate lawyer also known as business lawyer, civil lawyer criminal lawyer, labor lawyer, finance and securities lawyer, family lawyer, tax lawyer etc. Among them the most commonly hired lawyers are civil lawyer and criminal lawyer. Let’s talk about the difference between them and the reason they are hired often.  

Civil lawyer

The civil law is undeniable and certainly the most significant branch of law for every constitutional country. Since civil law is very important, it is even more important to protect all the civil rights. For this purpose there are civil lawyers. All non criminal cases are handled by a civil lawyer.

A civil lawyer deals with the disputes between individual parties. Disputes can be related to some business, organization, property or family. The complaint is filed by the private party against another one. The one who filed the case is called the plaintiff and the one against whom the case is filed is called the defendant. In most of the cases the plaintiff is suing the defendant for damaging the property or for personal harm. The defendant is asked to appear in front of the judge at every stage of the case and is asked to pay the damage.

Criminal lawyer

Criminal lawyer is the one who specializes in criminal law. They are the one who represents defendant in criminal cases. Criminal lawyer is in charge of defending people who are involved in criminal acts. They study the whole case, present their findings in court and try to settle the case on the behalf of defendant. Criminal lawyers central coast help clients understand their legal options. Their aim is to resolve the case as favorably as possible. They negotiate plea negotiations and punishments. They try their best to settle the case but sometimes it is not possible and trial are arranged.

Criminal lawyer will know all the possible outcomes in case of long-term sentence or short-term sentence. Eventually, they busy themselves gathering proof from police reports and eye-witness testimonies to develop a defence for their client. For this they work with private investigator, consultants and others to defend the rights of their clients.

Fiscal decree 2019 converted into law: all the news in the final text

Fiscal Decree 2019 : the text containing changes and news following the conversion into law of the attached to the Budget Law was published in the Official Gazette of 18 December 2018.

The DL n. 119/2018 was converted into law n. 136 dated 13 December 2018 and contains all the tax news and urgent measures approved by the Parliament in the final text with 272 yes, 143 no and 3 abstained to the Chamber, which has maintained the latest changes made by the Senate.

During the long and troubled process of the tax decree 2019, the rules of fiscal peace and scrappage have undergone numerous and continuous changes compared to the first version of the document .

The so-called amnesty tombstone disappeared definitively and stance of fiscal peace is completely changed compared to the measures initially from the text of the Tax Decree 2019.

In the conversion into law of the tax decree 2019 , the special supplementary declaration no longer exists that allowed the emergence of up to 100,000 euros of undeclared amounts and not even the settlement and removal of tax records for taxpayers in difficulty.

On the other hand, fiscal peace has kept the latest news on the subject of scrapping, or more installments and deadlines to pay off debts and amnesty for formal irregularities in the declaration of income that can be remedied by paying € 200 for each tax period.

The mandatory introduction of the electronic invoice was confirmed on 1 January 2019 , despite the general dissatisfaction expressed through the various protests of accountants, VAT number holders, entrepreneurs, artisans and Brothers of Italy who on 12 December 2018 in Piazza Montecitorio against the measure.

Do not ask an open Pir to do a closed fund

The Pir is a strong tool both for the tax incentive and for the long-term perspective that distinguishes its strategy. Without this premise, undoubtedly 2018 was a difficult year for the price lists and therefore also for the performance, but not for the collection which remained positive and represents over 40% of the balance for the first 9 months of the year.

Some redemption, however, there was …

Pir open funds are liquid products, from which you can exit at any time if necessary. This on the one hand is a service for the customer who, although investing in the long term can redeem, but at the same time is an implicit limit because the fund can not invest in the most illiquid segment of the market. Open Pires do not invest in non-demobilized instruments, because they must guarantee the liquidity of the share. With a view to complementarity, there would also be development opportunities for closed funds.

Like the Eltif?

Yes, too. The Eltif are alternative funds closed and therefore could lend themselves to the purpose. However, in Italy they are not yet present. However, it is difficult to sell them to retail customers because the closed product is proposed as something that can not be left out.

However, the open Pir can invest a part in low liquid products.

Yes, there is a limit of 10%, but the theme is to understand what is meant by low liquid products. To give an example in this definition are certainly not the shares of a company that being entirely illiquid could not even enter into a small part in the assets of an open Pir.

What do you hope for 2019?

That the discipline of the Pir retains those characteristics that have ensured its success.

What is it referring to?

Amendments to the Budget Law are circulating, which would risk to cause it too much to become unworkable, such as the obligation to invest minimum shares in venture capital funds. You risk intervening on an instrument that works to make it do what it can not do, requiring the inclusion of very illiquid instruments in the portfolio. The positive aim of bringing resources to the economy pursued in this way risks to move away from the form of the open fund, which is also the only one that the Pirs have hitherto assumed.

But the Pir are often accused of investing little in SMEs.

Open funds can only be in the markets: 27% of assets are invested in mid-cap issuers, 3% in small caps and 2% in AIM. Unlike two years ago today Aim thanks to the Pir is considered a good entry point for many companies due to the wide availability of investors looking for opportunities. And it is also on these companies that the Pir invest: at the end of June they held 10% of the Aim’s free float. An open fund does not invest in the initial part, ie on start-ups, which are better suited to closed-end funds. These, however, today in the Pir form are not present on the market.