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: news that the Supreme Court has granted permission to appeal in Johnson v FirstRand Bank...
The European Commission has announced the implementation of the new General Product Safety Regulation, Regulation (EU) 2023/988 (General Product...
: The Advertising Standards Authority (ASA) has ruled on 14 complaints this week and informally resolved 12 further complaints. There are two general...
Information Law analysis: Victoria Hordern, partner at Taylor Wessing LLP, discusses the Data (Use and Access) Bill, how it differs from previous...
The Competition and Markets Authority (CMA) has launched a consultation on draft guidance outlining its role and powers in consumer protection. The...
Latest Commercial Practice Notes
Using different evaluation methodologies for different types of public procurementFORTHCOMING CHANGE: On 24 February 2025, the main provisions of the...
Political advertisingIntroduction and backgroundPolitical advertising has long been a cornerstone of democratic societies, serving as a vital tool for...
Adtech and programmatic advertising—data useThis Practice Note considers the data flows that power programmatic advertising. It considers data sources...
Novation—why and how to novate a contractThere may be times when, rather than assigning the benefit of an agreement to a third party, the original...
How to deal with a consumer complaintFORTHCOMING CHANGE: On 24 May 2024, the Digital Markets, Competition and Consumers Bill received Royal Assent,...
Latest Commercial Precedents
Outsourcing—contract management audit recordDescription of outsourced services[State nature of services, eg data entry, catering services]Outsourcing...
Force majeure noticeDear [insert name of Party B or its representative][insert name and date of agreement][Our client: [insert client name] OR [Insert...
Contract frustration noticeDear [insert name of Party B or its representative][insert name and date of agreement][Our client: [insert client name] OR...
Online consumer terms for the supply of goods—short-formFORTHCOMING CHANGE: On 24 May 2024, the Digital Markets, Competition and Consumers Bill...
Letter of success after pre-qualification phase—restricted and competitive dialogue procedures, competitive procedure with negotiation and innovation...
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 Reporting (contracts definition)
means reporting of Greenhouse Gas emissions in rounded tonnes of carbon dioxide or Carbon Dioxide Equivalent (CO2(e)) to the [authority'>competent authority] on an annual basis in accordance with the requirements of Regulation (EU) No 601/2012 of 21 June 2012 on the monitoring and reporting of greenhouse gas emissions pursuant to Directive 2003/EC of the European Parliament and of the Council, including verification of reports in accordance with Regulation (EU) No 600/2012 of 21 June 2012 on the verification of greenhouse gas emission reports and tonne-kilometre reports and the accreditation of verifiers pursuant to Directive 2003/87/EC of the European Parliament and of the Council.
Escrow agent
An escrow agent is an independent third party custodian, with whom an organisation can deposit the source code of a computer program for safekeeping under an escrow arrangement. An example of an escrow agent is the National Computing Centre.
Honest comment (Commercial)
A defence to defamation claims which protects statements of opinion based on substantially true facts (to which it refers in at least general terms) on a matter of public interest and capable of being made by an honest person, however prejudiced or obstinate.
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