Glossary

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Railways	The predominant legal issues which currently affect the railways, relate to rail safety and the performance of the privatised rail companies.

Rating	The assessment of business premises for the purposes of local taxation.

Real Estate	An interest in Real Property.

Real Property	Land, structures built on it, the air above and the ground beneath it.

Receivership	Dealing with legal problems that arise when a creditor has appointed a receiver to run a company's business with a view to clearing debts owed to the person making the appointment.

Regulation and Compliance	Specialisation in complying with the requirements imposed by law in certain highly-regulated areas of activity.

Residential Property	Domestic conveyancing and other matters of interest to homeowners and residential landlords.

Retailing	The process of selling goods directly to the consumer, which can be via shops, markets, door-to-door selling, mail order, or over the Internet.

Revenue Law	The law relating to taxation.

Road Traffic	Includes legislation on driving offences, licences, insurance, the construction and use of vehicles, and goods vehicles operation.

Russian Federation	The law and practice in the Russian Federation.