Service Level Agreement Solicitors

09/01/2014

Service Level Agreement (SLA) A combination of rapid increase in the reliance on technology for almost every business coupled with a trend for outsourcing to provide flexibility and reduce fixed overheads has resulted in the service level agreement becoming increasingly popular. A service level agreement can apply to many functions and sectors but these agreements READ MORE

UK contract law – things to look out for

03/01/2014

With business becoming ever more international, many non-UK businesses will enter into contracts with UK companies and will be bound by UK law (in fact English law as Scottish law is different).  Even where goods or services are not provided in the UK, it is in fact very common for international contracts, where one party READ MORE

Reasonable endeavours in contracts

16/12/2013

Reasonable endeavours clauses When negotiating an important commercial contract, either or both parties will generally and rightly use solicitors. Remember however, that unless there are other 3rd party interests such as finance providers to satisfy, the solicitors are there as agents of the client. The client should remain in control. There are often aspects of READ MORE

Important clauses in a contract – some may not be obvious

10/12/2013

For completely understandable reasons, clients tend to focus on certain clauses in their contracts as being most important. The obvious clauses of this type, where you are selling goods or services are describing the goods or the service sufficiently accurately and of course the price to be paid. After that, the focus tends to be READ MORE

Job titles – may create unexpected legal risks

10/12/2013

As a business grows there is an obvious need to reflect this with a clear organisational structure, important both in dealing with external customers and suppliers and so that the business functions properly internally. This may result in the need to create different departments for different functions, such as sales, marketing, finance and administration. Some READ MORE

Business borrowings – stay alert !

06/12/2013

The first stage of starting most businesses is focused on a single priority – survival. Some 35%% of start ups don’t make it through the first 2 years. If your business has reached the 2 year milestone, this suggests you have a great product or service and have understood the basics of running a business. READ MORE

Stage 2 of your business – think about ringfencing assets and liabilities

30/11/2013

We’ve talked on this blog before about the current disconnect between small business clients and solicitors (solicitors need to position themselves as more affordable and more as a regular sounding board than for use when things go wrong and small business clients need to accept that legal experience and advice are important and should be READ MORE

Is UK contract law becoming less relevant ?

19/11/2013

I came across a really interesting stat the other day whilst reading a fascinating report on small business use and attitudes towards using lawyers. Many small businesses baulk at using lawyers generally – it’s a problem for both sides. For the business, many are taking the view that they don’t need legal advice or that READ MORE

Succession planning – key legal aspects

14/11/2013

Think succession planning think exit planning think tax planning – all of these terms are generally synonymous in most small business or family business’ thinking as retirement approaches. However, there are potential legal issues which also need to be considered at a much earlier stage. Many businesses are classified as family businesses but what does READ MORE

Buying a website – legal issues and pitfalls

08/11/2013

Buying or selling a website Websites are now a vital part of many businesses, so if you are buying a business you need to do your homework. Typically, you will instruct an accountant to look at the financials and a lawyer to look at the legal aspects. Bearing in mind the importance and value a READ MORE