A more thorough explanation:

House counsel, also known as in-house counsel, inside counsel, or corporate counsel, is a lawyer who works for a company and manages its legal affairs. They represent the company in legal proceedings and receive a full-time salary from the company.

• ABC Corporation hires a lawyer to handle all of its legal matters. This lawyer is considered house counsel.
• XYZ Corporation has a team of lawyers who work in-house to provide legal advice and representation.

These examples illustrate how a company can have its own legal team to handle legal matters instead of hiring outside lawyers. House counsel can provide legal advice to the company's executives, draft and review contracts, and represent the company in court.