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: the Competition and Markets Authority's announcement of compensation for heating oil...
The Advertising Standards Authority (ASA) upheld two issues against Glow Up LLC t/a Maxxing concerning paid-for Meta advertisements for its artificial...
MLex: Poland’s Digital Minister has asked the European Commission to fine Meta €250 million over scam advertisements on its platforms, which allegedly...
The Competition and Markets Authority (CMA) has announced that heating oil suppliers under review have agreed to compensate customers whose orders...
This week's edition of Commercial weekly highlights includes: a High Court decision in Involve Visual Collaboration Ltd v The Secretary of State for...
Latest Commercial Practice Notes
This Practice Note summarises the main issues arising in relation to price, payment terms and interest provisions in business to business contracts....
In the UK, unilateral or ‘dominant’ firm conduct is governed by section 18 of the Competition Act 1998 (the Competition Act). Section 18(1) of Chapter...
Licensing IP rights—introductionDrafting IP licences can raise a number of commercial and legal issues, which are often complex and lead to much...
This Practice Note considers statements (whether oral or written) made by one party to another prior to entering into a formal contract and gives an...
This Practice Note is a ‘how to’ guide on reviewing an indemnity clause in commercial business-to-business (B2B) agreements which signposts relevant...
Latest Commercial Precedents
This DEED OF Agreement is made [insert date] [insert year]Parties1[Insert name] [of OR incorporated in [England and Wales] under number [insert...
This DEED OF Agreement is made on [insert date]Parties1[insert name][ of][ incorporated in[ England and Wales] under number [insert company number]...
This DEED OF Agreement is made on [insert date]Parties1[insert name][ of][ incorporated in[ England and Wales] under number [insert company number]...
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 DEED OF Agreement is made on [date]Parties1[insert name][ of][ incorporated in [England and Wales] under number [insert company number] whose...
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
Greenhouse Gas (GHG) Reporting Standard
means a standard for the measurement[, reporting] and management of [Greenhouse Gases OR climate forcing emissions] published by [the protocol'>GHG Protocol OR the International Standards Organization OR the BSI Group OR The Carbon Footprint Standard].
Information Commissioner
The Information Commissioner’s Office (ICO) is UK's regulator for data protection, and regulates freedom of information and environmental matters, except in Scotland, which has its own freedom of information commissioner. It maintains a register of data controllers.
Senior official or officer
A senior officer within the context of the Bribery Act 2010 means, in relation to a body corporate, its director, managers, secretary or similar officer, in relation to a partnership managed by its members, its members and in relation to a Scottish partnership, its partners.
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