What are expenses incurred from legal proceedings or consultations called?

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The term "legal costs" refers specifically to the expenses that arise from legal proceedings or consultations. This includes attorney fees, court fees, and other related expenses incurred during the legal process. Legal costs can encompass various types of expenditures, such as charges for legal representation, filing documents, and any other costs that might be associated with the process of litigation or legal advice.

Understanding this terminology is crucial in the field of occupational health and safety, especially when organizations need to consider the financial implications of legal compliance, occupational injuries, or disputes. Properly categorizing these expenses as legal costs helps in financial planning and budget management, ensuring that all potential liabilities are accounted for when evaluating the organization's financial health.

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