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July 20, 2010  
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Investment Advisor Terms


  > Active Member
The term Active Member means an attorney who is eligible to engage in the practice of law has applied for active status and has paid the required fees.
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  > Privileged Information
The term Privileged Information in these Rules includes information subject to the attorney-client privilege attorney work product test materials and applications of examinees written decisions of the Board Admissions Committee Character and Fitness Committee.
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  > Executive Director
The term Executive Director means the Executive Director of the State Bar or his or her designee.
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   Investment Advisor Terms and Definitions

 

ABA
The term ABA means the American Bar Association.

Active Member
The term Active Member means an attorney who is eligible to engage in the practice of law has applied for active status and has paid the required fees.

Admissions Committee
The term Admissions Committee means those State Bar members or others appointed by the State Board of Bar Commissioners or President of the State Bar who are charged with recommending standards and procedures for admission to the State Bar and with implementation of these Rules.

Applicant
The term Applicant means each person requesting admission to the Bar. For purposes of these Rules an Applicant is classified as a Student Applicant a Student Attorney Applicant a Foreign Law School Applicant an Attorney Applicant or an Admission on Motion Applicant.

Approved Law School
The term Approved Law School means a law school which is fully or provisionally approved by the ABA pursuant to its Standards and Rules of Procedure for Approval of Law Schools. To qualify as approved the law school must have been fully or provisionally approved at the time of the Applicants graduation or at the time of the Applicants enrollment provided that the Applicant graduated within a typical and reasonable period of time.

Bar
The term Bar means the State Bar including its employees committees and the State Board of Bar Commissioners.

Bar Exam Administration Committee
The term Bar Exam Administration Committee means those Bar members or others appointed by the Board or President of the Bar who are charged with assisting in the administration and evaluation of the Bar Examination.

Bar Examiner Committee
The term Bar Examiner Committee means those Bar members or others appointed by the Board or President of the Bar who are charged with drafting and reviewing questions and model answers and grading the Bar Examination.

Board or Board of Commissioners
The term Board and Board of Commissioners are used interchangeably to mean the State Bar Board of Bar Commissioners.

Character and Fitness Committee
The term Character and Fitness Committee means those Bar members or others appointed by the Board or President of the Bar who are charged with assessing the character and fitness of Applicants.

Complete Application
The term Complete Application means an application is complete only if it includes all fees and necessary application forms along with any required supporting documentation character references a criminal background check a photo an official Certificate of Law School Graduation.

Deputy General Counsel of Admissions or Deputy General Counsel
The term Deputy General Counsel of Admissions and Deputy General Counsel are used interchangeably to mean the State Bars attorney in charge of admissions or his or her designee.

Disbarred Attorney
The term Disbarred Attorney means a person who has been licensed to practice law in a state or United States Territory or the District of Columbia and who is no longer licensed to practice law because of disbarment or resignation with discipline pending or their equivalents.

Executive Director
The term Executive Director means the Executive Director of the State Bar or his or her designee.

Foreign Law School
The term Foreign Law School means any school located outside of the United States and its protectorates that is accredited by that jurisdictions legal accreditation body if one exists and whose graduates are otherwise permitted by that jurisdictions highest court to practice law.

General Counsel
The term General Counsel means the General Counsel of the State Bar or his or her designee.

Inactive Member
The term Inactive Member means an attorney who is not eligible to engage in the practice of law. He or she has applied to the Bar for inactive status and has paid the required fees.

MBE
The term MBE means the Multistate Bar Examination prepared by the National Conference of Bar Examiners.

MEE
The term MEE means the Multistate Essay Examination prepared by the National Conference of Bar Examiners.

MPRE
The term MPRE means the Multistate Professional Responsibility Examination prepared by the National Conference of Bar Examiners.

MPT
The term MPT means the Multistate Performance Test prepared by the National Conference of Bar Examiners.

NCBE
The term NCBE means the National Conference of Bar Examiners an organization which develops maintains and applies reasonable and uniform standards of bar examination education and testing.

Privileged Information
The term Privileged Information in these Rules includes information subject to the attorney-client privilege attorney work product test materials and applications of examinees written decisions of the Board Admissions Committee Character and Fitness Committee.

Special Accommodations Committee
The term Special Accommodations Committee means those Bar members or others appointed by the Board or President of the Bar who are charged with the review of requests from Applicants seeking special accommodations under which to take the Bar Examination and who make determinations thereon.

Supreme Court
The term Supreme Court means the state Supreme Court.

Updated Application
The term Updated Application means that an Applicant must complete a Reapplication for Admission Form updating any information that has changed since the prior application was filed and submit a new criminal background check.

Written Component
The term Written Component means that portion of the Bar Examination that consists of essay questions and MPT questions.

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Local Bar Associations Provide Continuing Education Courses
Currently 40 States and jurisdictions mandate continuing legal education CLE. Many law schools and State and local bar associations provide continuing education courses that help lawyers stay abreast of recent developments.

 
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The information provided on Philadelphia Investment Adviser.com is not intended to be securities advice, but merely conveys general information related to securities issues commonly encountered.

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