Frequently Asked Questions
What is the purpose of a gap period?
During a gap period, legal provisions or requirements may be temporarily suspended in order to allow for the implementation of new laws or regulations, or to provide time for necessary adjustments to be made.
How long can a gap period last?
The duration of a gap period can vary depending on the specific circumstances and the nature of the legal provision or requirement being suspended. It can range from a few days to several months, or even longer in certain cases.
The 2023 Legal Trends Report
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