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
The Department for Business and Trade (DBT) has announced a package of reforms aimed at tackling subscription traps, alongside publishing its response...
This week's edition of Commercial weekly highlights includes: a High Court judgment in Car-Wizard Ltd v Vixen Surface Treatments Ltd concerning the...
As part of its ongoing regulatory oversight of alcohol advertising, the Advertising Standards Authority (ASA) upheld a complaint against Sazerac UK...
The Information Commissioner’s Office (ICO) has launched a consultation on updated guidance on automated decision-making (ADM), including profiling....
The Department for Business and Trade (DBT) has announced the launch of three consultations on proposed reforms to UK product safety laws, with the...
Latest Commercial Practice Notes
ARCHIVED: This archived Practice Note provides information on the Data Protection, Privacy and Electronic Communications (Amendments etc) (EU Exit)...
The general principles applicable in contractual dispute cases pertaining to formation, interpretation and remedies for breach are relatively well...
Scope of Practice NoteThis Practice Note on breach of contract considers what may amount to a breach of contract, how the courts approach such...
This Practice Note explains what is meant by applicable law, also referred to in differing circumstances as governing law, proper law or the choice of...
A damages or compensation payment may attract VAT. This depends on exactly what the payment is for. If it is purely compensatory, such that it does...
Latest Commercial Precedents
This Agreement is made on [date]Parties1[insert name of Customer] [of OR a company incorporated in [England and Wales] under number [insert registered...
These terms apply to any purchases you make on our website. Please read them carefully before you place any orders on our website, as they set out...
This Agreement is made on [date]Parties1[insert name of party] [of OR a company incorporated in England and Wales under number [insert registered...
These terms apply to any purchases you make on our website. Please read them carefully before you place any orders on our website, as they set out...
This Agreement is made on [date]Parties1[insert name of party] [of OR a company incorporated in England and Wales under number [insert registered...
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
Durable medium
Information provided under the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013, SI 2013/3134 must be in a durable medium.
Encumbrance
means a mortgage, claim, charge, pledge, lien, hypothecation, guarantee, right of set-off, trust, assignment, right of first refusal, right of pre-emption, option, restriction or other encumbrance or any legal or equitable third party right or interest, including any security interest of any kind or any type of preferential arrangement (or any like agreement or arrangement creating any of the same or having similar effect);
Misrepresentation
A misrepresentation is a pre-contractual false statement of fact or law made by one party to a contract (or his agent) to the other that induced that party to enter into the contract.
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