Having a strong commercial contract in place can be the difference between success and failure, and can be a major factor in maximising profitability. Our legal team can help your business to minimise potential risks through the use of commercial contracts while simultaneously optimising trading relationships.
We can provide on all aspects of commercial contracts, including outsourcing contracts, supply agreements, revision of existing terms and dispute resolution. We have experience across a wide and diverse range of industries and have an in-depth understanding of the different issues that can arise. Whether you are a start-up, expanding or just looking to revise existing agreements, we can assist.
For more information about our commercial law services please call us on +44 (0)20 3475 6751 or email email@example.com
More information on Commercial Contracts
Do you need help with commercial contracts? We can provide expert legal assistance with commercial contract law in England and how it’s applied in practice.
Commercial contracts are usually legal binding and are formed between two or more parties where the subject is primarily commercial. Although a commercial contract is often written down, it is equally as valid when it is implied, oral or informal. Of course, having a written agreement in place makes it easier to prove the terms of the contract. It’s therefore preferable to have a written contract, wherever possible.
Who needs a Commercial Contract?
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
YOUR COMMERCIAL LEGAL TEAM
t: +44 020 3475 2719
m: +44 07538 397 7721
t: +44 020 3475 2729
m: +44 07377 190 406
We were awarded the ‘Commercial Lawyers – London’, in the 2020 UK Enterprise Awards
We have advised a start up social media company secure a lucrative services agreement with one of the largest broadcasting companies in the MENA region.
Advised clients on all types of commercial contracts ranging from supplier contracts, distribution contracts, manufacturing agreeements, joint ventures and more with a combined value of over £1b
WHY CARTER BOND
Unlike many law firms when we say partner or barrister led, we mean partner or barrister led. When clients work with us, they get constant access to the lead on their instruction. Yes, we have a team of solicitors and juniors for some of the groundwork and necessary research required by our clients, but this is when it makes financial sense to the client for us to do this. We provide constant contact at no extra cost as part of our service as most of our lawyers have their own business, so they know first-hand how important having a proactive, responsible and trusted partner on their side can be. And also how to work to a financial budget, and the way that legal decisions impact the wider organisation, which often requires balancing risks and competing interests.
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.
City quality, outer City fees
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.
Our knowledge and resources are yours
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.
“Cannot recommend highly enough!”
“Their legal knowledge coupled with excellent client delivery is unique to the marketplace.”
“Excellent and efficient service.”
“I would definitely recommend Carter Bond to all.”
“Excellent service and advice.”
“I would highly recommend the services of Carter Bond for any type of corporate or commercial work.”
“Very impressed with the high calibre team and wouldn’t hesitate to recommend them.”
“Very good and quick service.”
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GET IN TOUCH
For more information, or to discuss your requirements, please contact our team on +44(0) 20 3475 6751 or firstname.lastname@example.org