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
Commercial analysis: In today’s hyperconnected world, cyber risk is no longer a peripheral concern—it’s a central business issue for the vast majority...
The Advertising Standards Authority (ASA) has published the results of a pioneering trial using artificial intelligence (AI) to monitor nearly 6,000...
Commercial analysis: Introduced by the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023), the new failure to prevent fraud (FTPF)...
This week's edition of Commercial weekly highlights includes: judgment of the Court of Appeal in Orion Shipping and Trading Ltd Llc v Great Asia...
The European Commission has published guidance on the implementation of the Regulation (EU) 2024/900 on the transparency and targeting of political...
Latest Commercial Practice Notes
Contract disputes—key and illustrative decisions (2024–2025)The general principles applicable in contractual dispute cases pertaining to formation,...
UK GDPR and EU GDPR—transfers of personal data internationally and to international organisationsFORTHCOMING CHANGE: On 19 June 2025, the data (Use...
Practical steps to protect or obtain access to confidential informationThis Practice Note supplements Practice Note: Trade secrets and confidential...
ICC standard rules and practices for commercial letters of credit—UCP and ISBPThe International Chamber of Commerce (ICC) has developed standard rules...
Supply chain sustainability—UKThis Practice Note explores the concept of supply chain sustainability within the broader context of sustainable...
Latest Commercial Precedents
Board minutes—private M&A—asset purchase—exchange and completion—buyerCompany number: [insert company number][insert company name] [limited OR...
Confidentiality agreement—mutualThis Agreement is made on [date]Parties1[insert name of party] [of [insert details ] OR a company incorporated in...
Confidentiality agreement—one-way—pro-recipientThis Agreement is made on [date].Parties1[Insert name of party] [of [insert address] OR a company...
Confidentiality agreement—one-way—pro-discloserThis Agreement is made on [date]Parties1[Insert name of party][ of [insert details] OR a company...
Power of attorney for commercial transactions1Appointment and powersWe, [insert name of company] a company incorporated in [England and Wales] under...
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
Environmental Performance (model laws definition)
means the state of sustainability of a country as measured by the Yale Centre for Environmental Law and Policy using 32 performance indicators across 11 issue categories covering environmental health and ecosystem vitality and set out in its Environmental Performance Index.
Moral rights (Commercial)
Moral rights are the rights to be identified as author of a work or director of a film (right of paternity); to object to derogatory treatment of a work or film (right of integrity); to have a work or film falsely attributed to an author or director (false attribution right) and to privacy of certain photographs and films. Moral rights must be asserted in writing, but can be waived. The rights do not apply to software, to employers' copyrights, or to material in periodicals or reference works.
Payment service provider
‘payment service provider’ is anyone who provides payment services as a regular occupation or business activity in the UK
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