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 Competition and Markets Authority has secured formal undertakings from Amazon to strengthen its systems against fake reviews and catalogue abuse...
This week's edition of Commercial weekly highlights includes: commentary on the US imposition of unprecedented tariffs on imports and the resulting...
IP analysis: The UK Intellectual Property Office (IPO) is undergoing a major transformation aimed at creating a unified, digital IP service covering...
IAB Europe has released updated guidance to support advertising industry compliance with Article 26 of the EU Digital Services Act (EU DSA). Developed...
Two complaints were received by the Advertising Standards Authority (ASA) regarding in-app gambling ads that appeared in the under-18 version of the...
Latest Commercial Practice Notes
Applicable law—a guide for dispute resolution practitionersThis Practice Note explains what is meant by applicable law, also referred to in differing...
Introduction to the application of Chapter I to vertical agreementsThis Practice Note refers to Chapter I of the Competition Act 1998 (CA 98), The...
Key differences between the UK and EU Vertical Block ExemptionsOverviewThis Practice Note sets out key differences between the UK’s vertical block...
Key UK competition law issues in distribution/reseller agreementsThis Practice Note sets out the key UK competition law issues arising in...
The Competition Act 1998 (Vertical Agreements Block Exemption) Order 2022Vertical agreements are prohibited by section 2(1) of the Competition Act...
Latest Commercial Precedents
Supply of services agreement (ongoing supply)—balancedTHIS AGREEMENT is made on [date]Parties1[insert name of party] [of OR a company incorporated in...
Intellectual property assignment—pro-assigneeThis DEED is made on [insert date]Parties1[insert name] [of OR a company incorporated in [England and...
Intellectual property assignment—pro-assignorThis Agreement is dated [insert date]Parties1[insert name] [of OR a company incorporated in [England and...
Services agreement—ongoing supply (with TUPE)—pro-customerThis Agreement is made on [date]Parties1[insert name of Customer] [of OR a company...
Sanctions clause—commercial contracts1Sanctions (long form)In this clause 1, the following defined terms shall have the meanings assigned to...
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 Measures (contracts definition)
means the measures taken by [organisation name] [and [name of supply chain partner]] to avoid or to benefit from the actual or anticipated effects of climate change [and to meet the climate change commitments requirements in the [environmental policy]].
Consumer
A consumer is a person acting outside the context of a trade, business or profession, but the definition takes different meanings depending on the context in which it is used. Therefore it is important to check the relevant law or regulation such as the Consumer Rights Act 2015 (CRA 2015), the Unfair Contract Terms Act 1977, the Sale of Goods Act 1979.
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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