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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

Our Top Sources

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Associated legal terms

Channel 4

Channel 4 is a ‘publisher-broadcaster’, meaning that it does not have any in-house production, but instead commissions content from production companies throughout the UK.

Depreciation

The charge in a company’s accounts which reflects the reduction in value of an asset over time as its useable life is exhausted. Depreciation is charged before calculation of profit, on the grounds that the use of capital assets is one of the costs of being in business and one of the contributors to profit. There are two main methods of depreciation: • Straight line: the residual (scrap) value of the asset is deducted from its original cost, and the resultant figure is divided by the estimated life of the asset. The result of that is deducted annually over the life of the asset. So an asset that costs £10,000 and that has a residual value of £200 with a useable life of 4 years is depreciated by £2450 per year. • Reducing balance: the amount of annual depreciation is a constant proportion of the cost of the asset. Depreciation has no effect on cash flow. It is just an accounting procedure.

Exceptional items

Costs which affect a company’s profit (or loss) which are associated with normal activities but are exceptional in magnitude.
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