Commercial Contracts
Our specialist solicitors provide a comprehensive and robust legal service that ensures the right commercial contracts are in place.
Commercial contracts
Commercial contracts that maximise value while minimising risk
Well-written contracts and agreements help you maximise the value of your business trading relationships, whilst minimising the associated risks.
Our specialist corporate solicitors provide a comprehensive and robust legal service that ensures the right written agreements are in place with your customers and suppliers to protect your commercial arrangements in the event of a dispute.
We have extensive experience in advising on contract law and can support with all manner of contractual requirements, including creating long-term distribution agreements and reviewing existing contracts to identify where disputes might arise.
Our clients include start-ups, SMEs, listed companies, and a range of household name and industry-leading companies in all sectors in Hertfordshire, Bedfordshire and across South East England.
Whether you are a small new business or a larger established company, the contracts team will work closely with you to proactively manage risk; identifying any likely areas of concern in documentation, delivering practical tailored advice and negotiating effectively on your behalf.
We can also provide solutions to a range of complex contractual issues, such as limitation of liability, warranties and indemnities, termination and renewal.
Key areas of service include:
- Agency and distribution
- Competition
- Data protection
- Consultants
- Franchises
- Outsourcing
- Supply and purchase terms
Our approach is tailored to your business. By taking the time to develop a deep understanding of your business and its operating environment we gain insight which allows us to proactively identify areas of concern. Then, we develop bespoke low-risk contractual solutions that are both practical and commercially minded.
We are driven and innovative in our work on your behalf. Moreover, our extensive talent pool is complemented by access to other specialist legal disciplines within our firm. This enables us to provide insights and targeted advice on related matters such as employment, property, banking and finance matters.
Contact our specialist contract law solicitors in St Albans, Harpenden or Luton to discuss your commercial contract needs and benefit from our expertise.
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FAQs
Frequently asked questions
What is a commercial contract?
A commercial contract is a legally binding agreement between two or more parties relating to a commercial transaction. It outlines the terms and conditions that govern the relationship between the parties, such as payment terms, delivery dates, and warranties.
Can a commercial contract be verbal?
While some contracts can be verbal, it is strongly recommended to have a written contract to ensure that all parties understand the terms and conditions of the agreement. A written contract will also minimise the risk of disputes and misunderstandings.
What should be included in a commercial contract?
A commercial contract should include the names and addresses of the parties involved, a description of the goods or services being provided, payment terms, delivery dates, warranties, limitation of liability provisions and any other relevant terms and conditions.
What happens if one party breaches a commercial contract?
If one party breaches a commercial contract, the other party may be entitled to damages or other remedies, such as specific performance or termination of the contract. The specific remedies available will depend on the terms of the contract and the applicable law.
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