When hearing the phrase “pro tanto,” it’s easy to become confused. You’ve likely heard of professional certifications and know a bit of Latin, but what does “pro tanto” mean in the legal sphere? In this article, we’ll explain what pro tanto means, as well as how it applies in legal and professional situations.
What Does Pro Tanto Mean?
Simply put, pro tanto is a Latin phrase meaning “to that extent” or “in so far as.” Specifically, it refers to a situation wherein one party is partially liable (both legally and financially) for the actions of another. For example, if a third party is contracted to facilitate a business transaction between two companies, the third party might be liable for a portion of the financial obligation in the event of any conflict.
Examples of Pro Tanto in Professional Situations
There are several ways pro tanto plays out in a professional setting. For instance, in a contract dispute, pro tanto could mean that the other party is partially responsible for any damages. Additionally, pro tanto can refer to the responsibility that a company owes to its employees. If an employer isn’t paying a fair wage, the employer might be partially liable for any financial losses incurred by the employee.
Why Do Legal Professionals Use Pro Tanto?
Legal professionals use pro tanto to clarify liability in a practical, straightforward manner. It’s a way to assign responsibility without unnecessary complexity or ambiguity. Additionally, pro tanto is often used when settling disputes, as it allows for both parties to share liability to some degree.
Navigating Liability With Pro Tanto
Although pro tanto might appear confusing at first, it’s merely a shortcut to understanding partial responsibility. By understanding the situations in which pro tanto applies, you can make sure your organization cares for its stakeholders responsibly, and is held more accountable in the event of a dispute.