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.
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.
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.
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
The Legal Ombudsman (LeO) announced the development of a Model Complaints Resolution Procedure (MCRP) designed to standardise first-tier complaint...
The Solicitors Regulation Authority (SRA) has launched a consultation on its 2025/26 Business Plan, proposing a £16.3m budget increase to £86.5m. The...
The Legal Services Board (LSB) has launched a consultation on new regulatory measures to strengthen ethical standards in the legal sector. The...
The Solicitors Regulation Authority (SRA) has released a set of guidance materials, primarily aimed at the 34,500+ in-house solicitors across England...
NHS Employers has updated its guidance for employers on the use of settlement agreements and confidentiality clauses when resolving a workplace...
Cybersecurity—additional resources [Archived]ARCHIVED: This archived Practice Note provides a summary of Precedents and tools available to support the...
Are we valuable?We have long stated the view that an outstanding in-house team has four characteristics: in effect, its 'signature profile'. These...
Internal communications—designing effective messagesThis Practice Note walks you through a process for compiling quality, effective internal...
Coronavirus (COVID-19) Q&As—dispute resolution [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note...
Understanding business strategyThis Practice Note provides an overview of strategy (what it is and why it is important) and suggests matters to...
SRA Competencies self—assessment template—Legal CounselThis Precedent can be used to help solicitors record their self-assessment under the SRA...
Legal metrics and analytics—step planTaskPoints to considerActions☐ KPIsLike all functions within the organisation, the legal department should use...
In-house lawyers—Business case for learning and developmentExecutive summary[Insert a brief summary of the main recommendations within the...
Technology management—step planTaskPoints to considerActions☐ Understand what you are seeking to achieveUsing technology can help a legal department...
Post-course evaluation questionnaire for in-house lawyersBackground informationWorkshop/training course/presentation[Insert title]Date[Insert...
Introduction to the sales and commercial departmentOverview of the sales and/or commercial departmentThe sales or commercial team is typically the...
In-house lawyers—Performance appraisal and personal development (blank template)Name[insert appraisee’s name]Current manager[insert appraiser’s...
An introduction to corporate governance for in-house lawyersThis Practice Note provides an introduction to corporate governance for in-house lawyers...
Developing your commercial awareness/business acumenThis Practice Note provides practical guidance and tips for in-house lawyers on developing and...
Job Description—Chief Operating OfficerRole PurposeThe Chief Operating Officer is required to show strong leadership and exceptional influencing...
In-house lawyers—Drafting an appraisal formThis Practice Note provides guidance on drafting a competency based appraisal form. For examples, see the...
ESG for in-house lawyers—the basicsESG has become a key area for businesses globally. In a number of countries, reporting on ESG is now either...
Stakeholder mappingTo gain a better understanding of your business and to play a key role in its success, it is vital for the legal department to know...
Internal communications—formulating an internal communications planHaving in place a well thought-out and accessible structure on internal...
Tracker & horizon scanning resources for in-house lawyersThis Practice Note provides a brief overview of and links to a wide selection of case law...
Writing a business caseIf you have been tasked with preparing a business case, you should already be aware of the purpose of the business case, why it...
Formal presentationsFormal presentations strike fear in to the heart of many, but there are a whole host of things you can do to make things easier....
Critical thinking and problem solvingFixing issues or problems in the workplace is everyone’s responsibility. It is important to proactively identify...
Giving and receiving feedbackMost of us would say that if we are doing something wrong we would want someone to tell us, but few people truly...
How to be a legal business person—practical tipsThis Practice Note considers practical steps in-house lawyers can take to help develop and build...
SRA Competencies self—assessment template—Legal CounselThis Precedent can be used to help solicitors record their self-assessment under the SRA...
Internal communications plan1ObjectivesProvide a summary of your key objectives here.For example:To comply with the requirements of the Bribery Act...
A financial ratio which shows how easily the company could pay its bills if all its creditors demanded payment at once. Calculated as: (current assets) divided by (liabilities'>current liabilities). In theory, this figure should be at least 1, because if it’s lower than 1 it means that the company does not have the liquidity to pay all its creditors straight away. That said, some companies, notably supermarkets, happily survive on current ratios of less than 0.5. As always, it’s best to compare the ratio of one company with others in its sector. Over 1.5 suggests excessive caution on the part of management.
‘Production account’ means the trust bank account in the joint names of the company and the producer.
‘Recapture’ specifies that a licence will expire and all rights automatically revert to the author/owner after a specified period if the producer has not by the end of that period carried out certain actions. ‘Turnaround’ gives the author/owner the right within a specified period to give notice to the producer requiring the producer to reassign certain rights in the project in return for the payment of certain sums of money.