About Commercial Law
As a commercial lawyer, you have to cover a lot of ground. Today, you might be drawing up agreements for suppliers. Tomorrow, you might be dealing with a query on intellectual property. When you're wearing so many hats, sometimes the real challenge is simply knowing where to start. Whatever the challenge, Lexis+ Commercial is the only place you need to look. You'll find clear, concise practice notes that not only explain the legal principles, but include practical tips on how to apply them in real life - with direct links to the relevant legislation, case law, commentary, forms and precedents you'll need. And because an increasing number of our forms and precedents are being automated, with LexisSmart, you can draft a contract or generate a whole suite of documents just by filling in one questionnaire. Plus, you'll get regular news updates and analysis, to help you keep an eye on what's happening in the law and the market.
Contracts
Helping you deliver watertight contracts. We cover the contract lifecycle from negotiation to termination. Providing guidance and precedents to assist with all aspects of contract management.
Contract clause bank
Offering a wealth of practical drafting and negotiating checklists, precedent contract clauses and practice notes to help you confidently negotiate, draft and execute robust commercial agreements.
Supplier management
Our supplier management tools and guidance help you build resilient supply chains. Assisting with supplier selection, the procurement of goods and services, sustainability, compliance and more.
Key developments
Whether you have a broad or niche commercial practice, staying on top of ongoing developments is a challenge. Our weekly highlights and topic trackers keep you up to date with all the latest developments.
Topics We Cover
Latest Commercial News
Five complaints were received by the Advertising Standards Authority (ASA) concerning whether paid-for Facebook advertisements and website content...
The European Parliament has published a study on online fraud and fake web shops, mapping the fraudulent practices used across their full operational...
The Department for Business, Innovation, Science and Trade (DBIST) and the Department for Business and Trade (DBT) have launched a call for evidence...
This week's edition of Commercial weekly highlights includes: analysis of the Supreme Court’s dismissal of the appeal in Great Asia Maritime Ltd v...
The Competition and Markets Authority (CMA) has published revised guidance on unfair contract terms, covering the unfair contract terms provisions in...
Latest Commercial Practice Notes
This Practice Note provides a quick guide to UK competition law for commercial agreements. It gives an overview of the core aspects of the legal...
This Practice Note explores the concept of supply chain sustainability within the broader context of sustainable procurement and environmental, social...
Boilerplate provisions in public sector contractsThis Practice Note looks at audit clauses in public sector contracts. For more information on what...
This Practice Note provides a summary of the law relating to the carriage of goods by rail as provided for in the Uniform Rules Concerning the...
Boilerplate provisions in public sector contractsThis Practice Note looks at equality and anti-discrimination clauses in public sector contracts. For...
Latest Commercial Precedents
1How to participate1.1In order to enter this promotion, go to [[insert URL] and enter the information requested OR write to us at [insert address]...
1The promotion[Insert simple details of the nature of the prize promotion].2How to enter2.1You can enter this promotion in any of the following...
This Agreement is made on [insert date]Parties1[insert licensor name] [of OR a [company OR partnership OR limited liability partnership OR ...
This Agreement is made on [date]Parties1[insert name of Customer] [of OR a company incorporated in [England and Wales] under number [insert registered...
1Definitions and interpretation1.1In these Conditions the following definitions apply:Adequate Procedures•shall be construed in accordance with BA...
Latest Commercial Q&As
Featured Commercial content
Fiduciary Duties
Fiduciary DutiesWho is a fiduciary?There is no comprehensive list of the relationships which give rise to the existence of fiduciary duties under...
Repudiation of contract
RepudiationThis Practice Note concerns repudiation and sets out what a repudiatory breach of contract means. It explains how a repudiatory breach goes...
If a contract’s actual date and effective date are different, is the effective date enforceable?
Agent and principal relationships with third parties
Agent and principal relationships with third partiesThis Practice Note deals with the relationships arising between principals, agents and third...
Mistake in contract law
Mistake in contract lawThis Practice Note considers the legal concept of mistake in contract law. It examines common mistake, mutual mistake,...
Do the terms ‘Schedule’, ‘Appendix’, ‘Annex’ or similar have any particular meaning in commercial contracts? What should I consider if using them?
Contracts required to be in writing
Contracts required to be in writingThis Practice Note considers the specific situations where a contract is required by law to be in writing:...
Subcontracting
SubcontractingThis Practice Note examines the following legal and practical matters in relation to entering into a subcontract or when granting...
Waiver and release
Waiver and releaseDefining waiverIn the law of contract, the term ‘waiver’ may have different meanings but is most commonly used to denote the...
Nature and types of agency
Nature and types of agencyThis Practice Note is an introduction to agency. It describes the essentials of the agency relationship between the...
Termination and expiry of contracts
Termination and expiry of contractsThis Practice Note provides an overview of contract expiry and of the different causes of termination and ways to...
Joint, several, and joint and several liability
Joint, several, and joint and several liabilityContractWhere a contract is made by two or more parties it may contain a promise or obligation made by...
What date should be put on a contract where the parties have not signed the contract contemporaneously? Is the date stated as the 'commencement date' in the contract or is it when the last of the parties signs/seals the contract?
Agreements to agree
Agreements to agreeThis Practice Note considers agreements to agree, and why an agreement to agree certain contractual terms at a future date has...
What is the significance of the words ‘warrants’ and ‘undertakes’ in a contractual obligation?
Which case law supports that an offer cannot be withdrawn after it has been accepted?
Contract variation
Contract variationThis Practice Note summarises the law, guidance and practice relating to the variation of contracts and deeds. It explains how a...
Electronic signatures
Electronic signaturesAn electronic signature is the electronic equivalent of a handwritten signature and links a person to the contents of an...
Associated legal terms
Area development agreement
An agreement which a franchisor and an operator enter into where the operator is required to operate franchise outlets itself within a designated area and may not sub-franchise to third parties.
Battle of the forms
A battle of the forms occurs when two organisations are negotiating the terms of an agreement and each party wishes to contract on its own terms of business.
Carbon Negative
[where Greenhouse Gases [sequestered] [removed from the atmosphere] [absorbed by the [processes] [activities]] [of [name of party]] are greater than Greenhouse Gases emitted [by [name of party]]. OR where there is a net sequestration effect from either production or total lifecycle impact of a product leading to negative Greenhouse Gas emissions. OR where [an entity] has achieved a Net Zero Target but has also created an environmental benefit by removing Greenhouse Gases from the atmosphere or reducing its Greenhouse Gas Emissions to the atmosphere such that the aggregated reductions and removals exceed the unabated emissions. OR an [activity OR technology] that absorbs more carbon dioxide from the atmosphere than it emits. OR the reduction of an entity’s Carbon Footprint to less than Carbon Neutral, so that the entity’s [operations OR activities] have a net effect of removing carbon dioxide from the atmosphere rather than adding it.]
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