Our commercial solicitors in Sheffield advise clients on a wide range of commercial matters from terms and conditions of business and agency / distributorship agreements to complex multi-party documentation often found in heavily regulated industries. The work we do requires us to have an appreciation, not just of the legal issues, but also the underlying commercial objectives. As a result of working with a broad range of business clients we have developed considerable sector knowledge of specific industries.

Wake Smith's commercial team provides a complete service for commercial matters and also Intellectual Property matters.

There are many key contracts that arise during the course of running a business, whether these are standard terms and conditions, supply of goods agreements, supply of services agreements, framework agreements, licensing agreements or hire purchase agreements. Our specialist team can assist you in drafting and/or negotiating the right terms for your business needs.

A key asset of many businesses is its confidential information, and protecting this key asset may be required at different points in the lifecycle of the business; such as commercialising a new product idea, entering into supply agreements, taking on a new business partner, and upon the eventual sale of the business. Confidentiality agreements, or non-disclosure agreements, impose obligations on the recipient of your confidential information and allow you to retain control over how it may be used.

An agency relationship is one where the agent facilitates contracts between the principal and a third party by soliciting orders from or concluding contracts with a third party on behalf of the principal. An agent usually benefits from the relationship by receiving a commission from the supplier. An agent does not contract with customers in his own right and he therefore generally has no liability to them.

A distributor is a person or company who buys goods from the supplier and resells them to customers in his own territory upon his own terms and conditions. He will usually have no authority to create a contract between the supplier and the customer.

Our specialist team provides support on a wide-range of public procurement law matters including proposed contractual arrangements, the Public Contracts Regulations 2015 and their concession and utilities counterparts,  permitted exemptions to the regulations, preparation of pre-tender documentation, selection and award criteria, contracts and framework agreements as well as how to respond to a threatened or actual challenge. Our team can also assist in managing any post-completion contractual variations, an area closely regulated by procurement law.

To read our latest Commercial advice articles and business law updates please click here.

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