The following In-house Advisor practice note provides comprehensive and up to date legal information covering:
Regular exchange on issues of common interest
relationships with other parts of the organisation
challenges faced by the organisation
Consensus on legal department business plan
getting buy in (or understanding resistance) from Finance before the budget process
getting support for resource allocations and coherent use by the business
getting support for legal awareness raising
Legal support for Finance
formalities and filings
Financial training for the legal team
accounting treatment of deals done and exposures
analysis for decision making
financial implications of project acceleration or delay
As in the case of HR, see Practice Note: HR function relationship management.
There are three strands to the relationship—your roles as manager, as a peer and as a service provider.
See Practice Notes: Gaining influence within your organisation,
Working well with other functions on regulatory compliance,
Getting buy-in for coherent use of the legal team and
Measuring and reporting performance of the legal team.
All parts of a business should prepare a business plan. The business plan produced by the legal department will outline what the department will be doing over the next 3-5 years to add real value to the business. Without a business plan it will be difficult for the department to take the necessary steps to develop the capabilities of the department as
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
What is rescission of a contract?The remedy of rescission is available to a party whose consent, in entering into a contract, has been invalidated in some way:•the effect of rescinding a contract is to extinguish it and restore the parties to their pre-contractual positions•the main grounds of
There may be times when, rather than assigning the benefit of an agreement to a third party, the original parties wish instead to end their obligations to each other under that agreement and, in effect, recreate it, with the third party stepping into the shoes of one of the original parties. This is
Source of the doctrine of the separation of powersThe origins of the doctrine are often traced to John Locke’s Second Treatise of Government (1689), in which he identified the 'executive' and 'legislative' powers as needing to be separate.‘… it may be too great a temptation to human frailty, apt to
Brexit: The UK's departure from the EU on exit day ie Friday 31 January 2020 has implications for practitioners dealing with provisions in the CPR relevant to cross border matters, including CPR 5.4C (discussed below). For guidance on the impact of Brexit on the CPR, see Cross border
0330 161 1234
To view our latest legal guidance content,sign-in to Lexis®PSL or register for a free trial.