Commercial Contracts

You may not have realised it at the time, but during your lifetime you will probably have been party to hundreds of commercial contracts. Although commercial contracts may exist when two businesses agree to work together, everyday transactions also fall under commercial contract law too.

For example, taking public transport or buying something from a shop are examples of a simple commercial contract. Other types of commercial contract include:

• Contracts of employment
• Subcontractor and consultancy contracts
• Introducer or referral agreements
• Joint venture agreements
• Agency and distribution agreements
• Agreements for the purchase or sale of a business, including franchises
• IT support, maintenance and software licences
• Purchase/sale of either goods or services

 As can be seen here, the scope for a commercial contract is extremely broad and extends to cover any type of commercial agreement or transaction.

Aside from common law, there are a number of pieces of legislation which may be relevant to commercial contracts in England. These are:

• Consumer Rights Act 2015 (CRA)
• Unfair Contract Terms Act 1977 (UCTA)
• General Data Protection Regulations 2016
• Contracts (Rights of Third Parties) Act 1999
• Late Payments of Commercial Debts (Interest) Act 1998
• Commercial Agents (Council Directive) Regulations 1993
• Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013

It’s worth noting that no matter what is written in the contract, it is not possible to avoid certain liabilities or responsibilities. Therefore if a contract seeks to restrict your rights, you should seek professional advice on whether this is permissible.

Contract law is a small part of wider commercial law and there may be multiple factors to consider. If you need advice on any aspect of commercial contracts, get in touch

Many ask us ‘what’s different about you?’ and we like to reply, ‘because we go the extra mile’. We see our work as building and maintaining good business relationships rather than just earning fees. How we do this is by keeping in constant contact with our clients and intermediaries. From pre to post instruction we ensure that our clients are informed of all legal issues that may impact their business and therefore lives. That is why we provide daily or weekly updates to ALL of our clients whether there is anything to tell them or not (we don’t charge for this we just see it as part of our service). We like our clients to rest peacefully knowing that when we are instructed, and we say ‘we will take it from here’ they know we mean it.

The world is changing, and many individuals are realising that lifestyle is as vital to them as is income. We are the lucky ones who can hand pick lawyers who can provide the best quality advice but at outer city costs. Our offices are in North West London which may not be the most salubrious in the market but at the same time this allows us to charge our clients for what they pay for, our advice NOT our office space.

ALL our lawyers have previously worked in large city-based law firms and continue to practise and offer  the same high level service  they provided to clients in the City but without the pressure and demands often dictated by City law firm. This allows us to be competitive on our fees without compromising our service.

All in all, our clients win, which is the way we like it.

All our clients benefit from the same high level of care and attention whether the instruction is big or small. At the outset of each matter, we discuss the entire process with our clients, including the costs, potential outcomes and issues associated. This is to ensure clients are fully aware, knowledgeable and are in control always. Supporting and ensuring we provide the highest level of services, we offer our constant contact process with the partner or barrister leading  your file, a document log in for matters which are for larger and more complicated instructions and on-going support post transaction should our clients require it. Our aim is not just to get the work done, but to make our clients’ lives easier as we do it, which is why we ensure that our clients have regular access to the resources they need from us.