Law new is a daily rundown of the most important legal developments for lawyers, law firms, and in-house counsel. It is a complement to Bloomberg Law’s popular Wake Up Call news brief.

A law is an official rule or regulation that governs behavior within a society or country. The term law is derived from the Greek word “lex,” which means “right” or “duty.” Laws are passed by legislatures (such as Congress) and are usually codified in a state constitution, statute book or other source.

The laws of the City are governed by the New York City Charter, laws passed by the City Council and periodically codified in the New York City Administrative Code, and decisions made by courts that interpret the laws. The Open Meetings Law applies to all meetings of entities that conduct public business and perform a governmental function for the City, such as city councils, town boards, village board of trustees, school boards, and commissions, as well as committees and subcommittees of these bodies.

A bill is a proposed law that has been introduced in one chamber of the legislative branch of government, such as Congress. Once a bill is introduced, it goes through the process of research, discussion, changes and voting. If a bill passes in one chamber, it must pass in the other. Depending on its passage, a bill may be called a resolution or a statute. The lawmaker who introduces a bill is known as its sponsor. A sponsor can be joined by cosponsors.