A legal checklist for new ventures
Whether you are launching a new product, expanding your existing business into new areas or starting an entirely new enterprise there is a lot...
Commercial Contracts
Many businesses overlook the importance of the contracts that they enter into, or ask their customers, subcontractors and partners to sign. If you do not enter into written agreements however, or they are not correctly drafted, then the impact on your organisation can be catastrophic.
Important commercial relationships should always be governed by comprehensive, clearly worded terms to ensure that you can manage the rights and obligations of each party. These contracts should be tailored to help ensure they work in practice and then reviewed on a regular basis so that they continue to meet the needs of the parties.
Laceys is able to draft, review and negotiate your commercial contracts to ensure that they protect you and are acceptable from a commercial perspective. We take the time to understand your business and the background behind the contract beforehand so that our advice is both legally correct and meets your commercial requirements.
We cover a wide range of contracts for all sectors of business, from terms and conditions of supply and sale, distribution agreements and subcontractors’ agreements through to IT contracts and consumer terms and conditions. We are able to ensure that these comply with applicable regulatory and contractual laws and regulations.
We work hard to ensure that our advice is comprehensive, practical and commercial in order that you are able to understand not only the terms of your commercial contracts, but the implications of agreeing to them. We can then advise you of your rights and options throughout your contractual relationship, for example your ability to change suppliers or cancel a contract with a customer.
For any further advice on commercial contracts please contact one of our team today to see how we can help.
Laceys Corporate and Commercial team are recognised in the Legal 500, an independent guide to leading law firms in the UK.
