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
EU Law analysis: On 27 November 2024, the European Parliament formally approved the new College of Commissioners presented by the recently re-elected...
Law360, London: On 1 December 2024, a BBC investigation revealed that certain tomato purees sold by UK and German retailers likely contain, despite...
Commercial analysis: In Zaha Hadid Ltd v The Zaha Hadid Foundation, the High Court confirmed that agreements of indefinite duration would not...
The Committee of Advertising Practice (CAP) has announced plans to revise its guidance on upcoming restrictions for 'less healthy' food and drink...
One complaint was received by the Advertising Standards Authority (ASA) regarding the fairness of a prize draw administration. The ASA upheld the...
Latest Commercial Practice Notes
Declaration of a director's interests—the statutory provisionsA director who is in any way, directly or indirectly, interested in:•a proposed...
General Product Safety Regulations 2005—OffencesScope of the General Product Safety Regulations 2005The General Product Safety Regulations 2005 (GPSR...
The standstill periodWhat is the standstill period?When a contracting authority reaches its decision on the award of a public contract subject to the...
Identifying advertisingFORTHCOMING CHANGE: On 24 May 2024, the Digital Markets, Competition and Consumers Bill received Royal Assent, becoming the...
Adtech and programmatic advertising—trackerThe adtech and programmatic advertising tracker is comprised of the following sections:•Legislation◦Bills...
Latest Commercial Precedents
Prize promotion terms and conditions—short form1How to participate1.1In order to enter this promotion, go to [[insert URL] and enter the information...
Confidentiality letter—private M&A—asset purchase—corporate sellerStrictly private and confidentialTo: [insert buyer name][insert buyer address]Date:...
Confidentiality letter—private M&A—share purchase—corporate sellerStrictly private and confidentialTo: [insert buyer name][insert buyer address]Date:...
Confidentiality agreement—corporate joint ventureThis Agreement is made on [insert day and month] 20[insert year]Parties1[Insert name of first...
Confidentiality letter—mutual[insert address of sender]Our ref: [insert reference]Your ref: [insert reference][Insert address of recipient]Date:...
Latest Commercial Q&As
Featured Commercial content
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,...
Repudiation
RepudiationThis Practice Note concerns repudiation and sets out what a repudiatory breach of contract means. It explains how a repudiatory breach goes...
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...
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...
Contract variation
Contract variationThis Practice Note summarises the law, guidance and practice relating to the variation of contracts and deeds. It explains how a...
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...
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...
Types of carrier of goods
Types of carrier of goodsThis Practice Note provides an introduction to two types of cargo carrier; common carriers and private carriers, and explains...
In a business-to-business contract where a contractual long-stop date has passed but the parties wish to continue with the contract, should they document their intention to continue or enter into a new contract?
Electronic signatures
Electronic signaturesAn electronic signature is the electronic equivalent of a handwritten signature and links a person to the contents of an...
What is the meaning of a non-exclusive agent? Does this give the agent the right to sell goods other than those of the principal?
Deeds
DeedsUnder English law, legally binding agreements can be made orally, in writing or by deed.This Practice Notice considers the circumstances in which...
Scope and authority of the agent
Scope and authority of the agentThis Practice Note describes the nature and degree of an agent's authority which is conferred upon it by 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...
Exclusion and limitation of liability
Exclusion and limitation of liabilityThis Practice Note considers exclusion and limitation of liability in business-to-business (B2B) contracts. It...
Carriage of goods by sea—the Hague-Visby Rules
Carriage of goods by sea—the Hague-Visby RulesThis Practice Note explains the Hague-Visby rules (the Rules) which are an international convention...
Subcontracting
SubcontractingThis Practice Note examines the following legal and practical matters in relation to entering into a subcontract or when granting...
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...
Associated legal terms
Carbon Negative
[where Greenhouse Gases [sequestered] [removed from the atmosphere] [absorbed by the [processes] [activities]] [of [name of party]] are greater than Greenhouse Gases emitted [by [name of party]]. OR where there is a net sequestration effect from either production or total lifecycle impact of a product leading to negative Greenhouse Gas emissions. OR where [an entity] has achieved a Net Zero Target but has also created an environmental benefit by removing Greenhouse Gases from the atmosphere or reducing its Greenhouse Gas Emissions to the atmosphere such that the aggregated reductions and removals exceed the unabated emissions. OR an [activity OR technology] that absorbs more carbon dioxide from the atmosphere than it emits. OR the reduction of an entity’s Carbon Footprint to less than Carbon Neutral, so that the entity’s [operations OR activities] have a net effect of removing carbon dioxide from the atmosphere rather than adding it.]
European Data Protection Supervisor
The EDPS is an independent supervisory authority devoted to protecting personal data and privacy and promoting good practice in the EU institutions and bodies.
Mischief rule
The mischief rule is the oldest of the rules of interpretation. In the case of ambiguity in the wording of a statute, it becomes more difficult to use either the literal or golden rules. In that situation, it is open to the courts to apply the mischief rule. Formulated in 1584, this rule enables the court to look to the rationale of the legislation to interpret the ambiguity.
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