Firm

/ˈfɜːrm/

Definitions

  1. (n.) A business organization, especially one involving multiple partners or practitioners.
    The law firm expanded its practice to include international clients.
  2. (adj.) Having a solid, unyielding structure or stance; stable or fixed.
    The contract requires a firm commitment from both parties.

Forms

  • firms

Commentary

In legal contexts, 'firm' often denotes business entities usually organized as partnerships rather than corporations.

This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.

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