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 European Commission has published guidance on the implementation of the Regulation (EU) 2024/900 on the transparency and targeting of political...
One complaint was received by the Advertising Standards Authority (ASA) concerning claims made by Hammonds Furniture Ltd about time-limited discounts...
The Competition and Markets Authority (CMA) has published guidance on how to report suspected breaches of competition or consumer law, detailing the...
Commercial analysis: A claim which was launched against an online marketplace in August in the English High Court had the potential to test the...
TMT analysis: The past few years have seen the government introduce new rules which seek to restrict the promotion, placement and advertising of food...
Latest Commercial Practice Notes
Data protection, privacy and confidential information case law trackerThis Practice Note tracks noteworthy High Court, Court of Appeal and Supreme...
Employment agencies and employment businessesThis Practice Note provides a full analysis of the legislation regulating the private recruitment...
Drafting and reviewing statements of work in services agreementsThis Practice Note contains: (i) an overview of when statements of work might be used...
Contracts for the supply of services—business to businessThis Practice Note provides an overview of some of the key legislation and regulation...
Sector advertising law and regulationThis Practice Note examines the advertising of certain goods or services in sectors which have sector-specific...
Latest Commercial Precedents
Confidentiality agreement—one-way—pro-recipientThis Agreement is made on [date].Parties1[Insert name of party] [of [insert address] OR a company...
Confidentiality letter—one-way—pro-discloser[insert address of sender]Our ref: [insert reference]Your ref: [insert reference][insert address of...
Confidentiality agreement—one-way—pro-discloserThis Agreement is made on [date]Parties1[Insert name of party][ of [insert details] OR a company...
Introduction agreement for services—pro-introducerThis Agreement is made on [date]Parties1[insert name of company] [of OR a company incorporated in...
Introduction agreement for services—pro-supplierThis Agreement is made on [date]Parties1[insert name of company] [of OR a company incorporated in...
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
Climate Change Adaptation (model laws definition)
means the process of adjustment or preparation of natural or human systems to the actual or anticipated climate and its effects in a way that moderates harm or exploits beneficial opportunities.
Consideration
Consideration is a key ingredient for an enforceable contract. It is concerned with what one party is giving or promises in exchange for what the other party is giving or exchanging. Consideration can be executory or executed and must be given by both parties to the agreement. Executory consideration is where the exchange takes place in the future; executed consideration is where the exchange takes place at the earliest when the promise becomes binding.
Frustration
Where unforeseen circumstances prevent the performance of a contract so that it may be treated as discharged.
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