The most common and most likely answer to this crossword clue is the 9 letter word LAWCOURTS
I've seen this crossword clue in Financial Times
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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does LAWCOURTS mean?
LAWCOURTS noun- A court presided over by a judge which is empowered to decide all aspects of legal disputes.
- A court which was empowered to decide questions of law and award monetary damages, but could not provide equitable relief, which was reserved for a court of equity.