Indemnities and limited liability clauses are often the most negotiated provisions in business contracts. It is a fine balance between agreeing appropriate risk and allocating protections, while at the same time remaining reasonable in order to conclude the...
With predictable revenue streams, it is understandable why a subscription business is attractive. Recent years have seen the launch of various innovations, such as monthly recipe boxes, coffee pods or health products, with numerous digital apps adding to...
If you want software that is unique to your business, and which is specifically designed to meet your operational needs, then the commissioning of a bespoke solution is almost certainly the way to go. However, to ensure that your vision marries up to what is...
Have you ever signed a contract which seemed to be perfectly clear, straightforward and reasonable at the time it was agreed, but which later turned out to be ambiguous in important respects or which gave rise to unintended and arguably unfair results? If...
As your business grows, instead of taking on more staff, you may decide to outsource certain services either on a temporary or more permanent basis. There is almost no limit to the type of services that can be outsourced nowadays, from manufacturing and drop...
If you have developed a new product, or perhaps come up with an innovative way of doing something, you may find that other businesses who are keen to make use of your ideas or creations ask you to enter into an intellectual property (IP) licensing agreement....
Relationships with manufacturers can become the backbone of your business in the long term, which is why it is important to have legal agreements in place that will grow with these relationships. ‘Before any contract conversations even begin, you need...
The statutory definitions of the three categories of employment status have long been criticised as being unclear, and over the years a body of case law interpreting these definitions has grown up. Despite this, it remains difficult to set out a definitive...
Starting any new business comes with a steep learning curve, especially as a founder when you often find yourself wearing all the management hats. This is why it is important to deal with the core legal issues early, so that when the time comes to scale up,...
While certain changes are already in place as a result of Brexit, we can expect a continuous stream of legislative reform that will affect businesses and their commercial contracts. As the new trading relationship with the EU evolves, it is likely...
It tends to be only in Hollywood movies that a will is read aloud, usually for dramatic effect where the contents of the will are unexpected and lead to the sort of tensions which create a good plot. For example, in the 2019 film ‘Knives Out’ the...
Our commercial solicitors highlight how track and trace data collection is different to normal GDPR compliance
In the wake of the Black Lives Matter demonstrations, there is increased momentum in addressing racial inequalities at work. But this is against a backdrop of significant and long-standing barriers for workers of black and minority ethnic heritage. For...
Now that hotels, pubs, bars, and restaurants are back in business, leisure and hospitality operators are looking for ways to attract enough customers to remain viable. Most caterers are acutely aware of the number of customers required to break even...
As the lockdown continues, the Government has extended access to its coronavirus job retention scheme and employers are settling in to a new way of working. Business life may have drastically changed, but employment law still applies. Selwan Yousif , ...
With the business world in turmoil due to the rapid spread of the coronavirus and our determined efforts to bring it under control, company directors need to proceed with caution over the coming weeks and months to ensure that decisions made under pressure...
With an increasing number of people struggling to get on the property ladder, it is not surprising that there has been a corresponding rise in the number of properties being bought by friends who have pooled their resources, or by parents who have agreed to...
The stories of companies which received investment after an appearance on Dragons’ Den are legendary, but every so often one turns down the opportunity to work with a famous investor. Such was the case with The Great British Porridge Company,...
You and your business partner may have a fantastic business idea and wish to launch your business as soon as possible, but before you do so it is vital that you give adequate thought to what type of partnership will best suit your needs. Alternatively, you...
Once signed, a contract represents a formal record of the agreement made between you and your customer. The obligations under that agreement are often absolute, with any failure to satisfy them will be considered a breach of contract which could result in...
Company directors are subject to a range of statutory duties geared at protecting the interests of shareholders and, to a lesser extent, corporate creditors. Where one or more of these duties are breached the consequences for the company can be...
After years of hard work building up a business, the prospect of selling it on to another company or the current management team will be the light at the end of the tunnel. Unless you are a serial entrepreneur, a more leisurely life is ahead when the...
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