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
Details of updates to HMRC import, export and customs guidance for the period from 10 to 16 June 2025....
The Competition and Markets Authority (CMA) has launched a consultation on releasing Google from its Privacy Sandbox commitments following Google's...
MLex: The European Commission is pressing ahead with finalising a Code of Practice for general-purpose AI (GPAI) model developers, intended as a key...
Parliament passed the Data (Use and Access) Bill (DUA Bill) on 11 June 2025. First introduced in October 2024, this passage concludes a protracted...
The Department for Environment, Food & Rural Affairs (DEFRA) has published its consultation outcome regarding proposed reforms to food labelling...
Latest Commercial Practice Notes
Comparative advertisingMany businesses wish to promote their goods or services by reference to those of a competitor to gain a commercial advantage....
How to prepare a slavery and human trafficking statementSection 54 of the Modern Slavery Act 2015 (MSA 2015) requires some organisations to produce...
The Competition Act 1998 (Vertical Agreements Block Exemption) Order 2022Vertical agreements are prohibited by section 2(1) of the Competition Act...
Introduction to the application of Chapter I to vertical agreementsThis Practice Note refers to Chapter I of the Competition Act 1998 (CA 98), The...
Key differences relating to legal entities under Scots lawSTOP PRESS: The Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) received...
Latest Commercial Precedents
Sustainability glossary terms (The Chancery Lane Project)These Precedent sustainability definitions, produced by The Chancery Lane Project (TCLP) as...
Benchmarking of Project Greenhouse Gas Emissions (The Chancery Lane Project)This Precedent provides a mechanism that benchmarks a contractor's carbon...
Climate Change Due Diligence Questionnaire for Suppliers (The Chancery Lane Project)This Precedent is a due diligence questionnaire that asks...
Currency exchange risk clause1Currency exchange risk clause1.1The currency conversion rate to be applied in respect of the Charges under this...
Force majeure and business continuity clauseDefinitionsBusiness Continuity Event•means an event (whether a natural or man-made phenomenon or...
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
Comparative advertising
Any advertising which explicitly or by implication identifies a competitor or goods or services offered by a competitor.
Parole evidence rule
The parole evidence rule is a rule of contractual construction which means that extrinsic evidence cannot be used to vary the provisions of a written agreement. It effectively means that the written contract contains the whole agreement between the parties to it. It can be rebutted, and does not apply when a party is seeking rectification of a contract.
Set-off
There are three types of set-off: common law, equitable set-off, and set-off in insolvency.
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