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 Cabinet Office has updated Procurement Policy Note 010: Procuring steel in government contracts (PPN 010), which provides in-scope organisations...
Commercial analysis: The English High Court has provided further guidance on the interpretation of ‘no waiver’ clauses in a recent decision. The...
Details of updates to HMRC import, export and customs guidance for the period from 23 to 28 April 2025...
The Cabinet Office has updated Procurement Policy Note 013: Using standard contracts (PPN 013), which provides in-scope organisations with guidance on...
The Cabinet Office has added two new Procurement Policy Notes (PPNs) to the suite of PPNs republished in conjunction with the Procurement Act 2023 (PA...
Latest Commercial Practice Notes
The EU conflict minerals regimeThis Practice Note considers the EU conflict minerals regime which, by requiring third party audits and disclosures...
A guide to asset purchase agreementsThis Practice Note provides an overview of the agreement for the purchase of some or all of a company's assets...
Active bribery, passive bribery and bribing foreign public officialsThe Bribery Act 2010 (BA 2010) criminalises:•bribing another person (active...
Boilerplate clauses in business-to-consumer contracts—specific clausesFORTHCOMING CHANGE: On 24 May 2024, the Digital Markets, Competition and...
IP right comparison tableThis Practice Note compares patents, supplementary protection certificates (SPCs), trade secrets, copyright, database rights,...
Latest Commercial Precedents
Letter after expression of interest—all proceduresSTOP PRESS: As of 24 February 2025, the main provisions of the Procurement Act 2023 (PA 2023) are in...
Intellectual property licence—pro-licensorThis Agreement is made on [insert date]Parties1[insert name], a company incorporated in [England and Wales]...
Produced in partnership with JP Buckley, Rachel Edwards and Andrew Mills of Shoosmiths DRAFTING FOR BREXIT: For the latest...
1 Definitions and interpretation 1.1 In this Agreement [unless the context otherwise requires]: Business...
IP evaluation and option agreement—pro-licensorThis Agreement is made on [insert date]Parties1[insert licensor name] [of OR a [company OR partnership...
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
Passive bribery
This term refers to the offence committed by the party that requests, receives, agrees to receive or accepts the bribe.
Preliminary agreement
A preliminary agreement is an agreement that is signed in the early stages of a transaction. Examples are heads of terms, lock-out agreements and confidentiality agreements.
Repudiatory breach
A repudiatory breach is a breach of contract that goes to the very core of the contract and gives the innocent party the right to treat the contract as being disregarded and entitling the innocent party to refuse to be bound by its terms.
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