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
This week's edition of Commercial weekly highlights includes: analysis of the practical implications of extending the right to work regime; the...
The Competition and Markets Authority (CMA) has launched consumer protection investigations into Trainline, Virgin Atlantic and RED Driving School...
The Advertising Standards Authority (ASA) has upheld a complaint concerning a Boots promotion for a free No7 face lotion, reinforcing that promoters...
Commercial analysis: The High Court held that only the contracting AFH entity could enforce post-termination restrictive covenants against a...
Immigration analysis: From 1 October 2026 the scope of the existing right to work civil penalty regime will be significantly extended, so as to...
Latest Commercial Practice Notes
STOP PRESS: The Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) received Royal Assent on 26 October 2023. ECCTA 2023, Pt 1 contains a...
Set-off is a complex yet important concept in legal proceedings generally and for many different types of transaction.Independent set-off and...
Standby letters of credit were first developed in the US to get round the inability of US banks to issue guarantees. Outside of the US, it is more...
IntroductionThis Practice Note addresses frequently asked questions concerning pricing information, compulsory charges, price changes, pricing errors,...
IntroductionThis Practice Note addresses frequently asked questions concerning the quality, supply, delivery and installation of consumer goods and...
Latest Commercial Precedents
This Agreement is made on [insert date]Parties1[Name of Company], a company incorporated in England and Wales with registered number [insert company...
This Agreement is made on [insert date]Parties1[Name of Company], a company incorporated in England and Wales with registered number [insert company...
This Agreement is made on [date]Parties1[insert name of party] [of OR a company incorporated in England and Wales under number [insert registered...
This Agreement is made on [date]Parties1[insert name of party] [of OR a company incorporated in England and Wales under number [insert registered...
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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
Malicious Communications Act 1988
An Act of Parliament which prohibits the sending of letters or other articles for the purposes of causing distress or anxiety to the recipient. The Act applies to electronic as well as written communications and has been used to prosecute and convict social media users.
Ownership
The term ownership denotes a wide array of rights over property.
Performance bond (Commercial)
A performance bond (also called a performance guarantee) is a bond issued by a bank whereby the bank assumes the obligations to a buyer or other beneficiary analogous to those assumed by a confirming bank to the seller under a documentary credit.
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