When it comes to legal matters, it’s important to understand all of the various terminology. One popular legal term is panel, and it’s important for business professionals to understand just what it means.
What Is a Panel?
Simply put, a panel is a group designated by a governing body to make decisions related to a certain topic. Depending on the context, the panel could be comprised of experts, or it could be composed of members of the public. Panels are typically part of an organization, such as a court, and are responsible for determining outcomes related to specific proceedings.
Examples of Panels
An example of a panel is a jury. Juries are comprised of a group of citizens who are chosen to hear evidence presented in a trial and then determine the outcome. Another example is an arbitration panel. An arbitration panel is usually comprised of a set number of experts who are used to settle disputes outside of court. Finally, a research panel is a group of experts assembled to carry out academic research on a particular topic.
Conclusion
As a business professional, understanding panel is an important part of navigating the legal system. A panel is a group of people designated by a governing body to make decisions related to a certain topic or issue. Examples of panels include juries, arbitration panels, and research panels.