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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.

Our Top Sources

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Associated legal terms

Carbon Footprint Standards

[means internationally recognised standards to measure, manage and demonstrate carbon credentials covering: (a) organisations (including but not limited to the BEIS Voluntary Reporting Guidelines and the GHG Protocol Corporate Accounting and Reporting Standard); (b) projects, product and services (including but not limited to PAS 2050:2011, ISO 14001 and the GHG protocol Product Life Cycle Accounting and Reporting Standard), and (c) events (including but not limited to PAS2060/ISO 20121). means: (a) for Organisational Carbon Footprints and Supply Chain Carbon Footprints the GHG Protocol Corporate Accounting and Reporting Standard, [or ISO 14064], and (b) for Product Carbon Footprints the GHG Protocol Product Life Cycle Accounting and Reporting Standard, or [ISO 14064].]

Keyword marketing

An organisation can sponsor keywords or specific search terms which are used by search engines such as Google and Yahoo! to raise the ranking of its own listing in response to an internet user’s search.

Rebate

A rebate is a return of part of a payment, premium, fee or price, usually where more has been paid than is ultimately due, or where a contractual or statutory right to a refund or discount arises. In legal practice across England & Wales, Scotland, Northern Ireland and Ireland, “rebate” is a descriptive commercial and regulatory term, rather than a single, uniformly defined legal concept.

Rebates commonly arise in contracts (for example, volume or loyalty rebates in supply agreements), financial services (such as rebated commissions or fees), insurance (premium rebates), consumer law (refunds or price reductions) and tax (repayment of overpaid tax or statutory rebates). Their availability and calculation are governed by the relevant contract terms, sector‑specific regulation and, where applicable, consumer protection or tax legislation.

Key legal issues include: whether the rebate is discretionary or contractual; conditions precedent to entitlement; how and when the rebate is calculated and paid; interaction with anti‑bribery, competition and inducement rules; and tax treatment. Courts will interpret rebate clauses using ordinary contractual principles in each jurisdiction, with broadly consistent approaches to construction, unfair terms and unjust enrichment.
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