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About In-house Advisor

As an In-house lawyer, you have to cover more ground than most. Today, you need to be an expert on data protection. Tomorrow, it could be employment contracts. And it’s not just a case of knowing the law. You need to have a nose for the commercial side of things, too.

Risk management

Managing legal risk is a key expectation of in-house lawyers. Boards increasingly expect them to proactively involve themselves in the organisation’s formal risk management processes. We help you manage legal risk.

Training for your business

This Precedent anti-bribery and corruption (ABC) presentation is a training aid to introduce your staff to the Bribery Act 2010. Easily train them on your own internal anti-bribery and corruption policies and procedures.

Key skills

Gain insight into your company’s finance and accounting. We’ll describe the format financial accounting information is presented, and give you the why and how that information’s used to determine business goals.

Cover all bases

As an In-house lawyer, you have to cover more ground than most. Today, you need to be an expert on data protection. Tomorrow, it could be employment contracts. And it’s not just a case of knowing the law. You need to have a nose for the commercial side of

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Associated legal terms

Cash flow

Cash flow is regarded by many as the ultimate test of financial health. Seasoned analysts do not entirely trust the figure a company puts on its profits, since profits can be ‘massaged’, whereas cash is more difficult to manipulate. Profit, as they say, is a matter of opinion. Cash is a matter of fact. The best way to check the cash flow position of a company is to scrutinise the cash flow statement in its annual report and accounts. It provides fact on whether a company has generated or consumed cash in the year, and how. It can be used in conjunction with the P&L to assess the trading results, or it can be used in conjunction with the balance sheet to assess liquidity, solvency and financial flexibility.

Indirect copyright protection

The essence of section 51(1) of the Copyright, Designs and Patents Act 1988 (CDPA 1988) is that creating a three-dimensional article from a design document is not a copyright infringement unless the corresponding three-dimensional article qualifies as an artistic work in itself, which would consequently be protected under CDPA 1988, s 4(1)(a). CDPA 1988, s 51(1) reads: ‘…it is not an infringement of any copyright in a design document or model recording or embodying a design for anything other than an artistic work or a typeface to make an article to the design or to copy an article made to the design.’

Legal opinion on film

An opinion given by a film producer’s solicitors in circumstances where a lender is entering into a loan agreement with a producer of a film. The opinion usually contains assurances regarding chain of title in respect of the underlying rights in the film and the producer’s right to grant rights including distribution rights in relation to the film.
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