(historical) A body of commercial law.

(law) A day of open court.

plural of law day

One of the Lords of Appeal in Ordinary, a group of judges appointed under the Appellate Jurisdiction Act 1876 to the British House of Lords in order to exercise its judicial function.

plural of law lord

(pharmacology) The observation that drug discovery is becoming slower and more expensive over time, despite improvements in technology.

An aphorism stating that "where you stand depends on where you sit", i.e. one's position in an organization dictates one's stance on an issue.

Synonym of Pareto principle

A law or set of laws given to have constitutional powers and effect.

An adage stating that people tend to overestimate the effect of a technology in the short run and underestimate its effect in the long run.