Client Testimonials
"As the UK's fastest growing multi channel integrated communications/contact centre business, it is vital for The Listening Company to work with a law firm that understands our business drivers and business model, from both a commercial and legal perspective, can handle our increasing requirements, and has the expertise and experience to support us in contract negotiations with our clients.
Waterfront ... as a whole and Carole Hailey in particular understand the outsourcing sector so well that they actually fulfil the role of an in house General Counsel, bringing expert contract review and drafting skills to bear, with limited briefing from us; and stand up against our client's lawyers in contract negotiation where necessary, often against firms much larger than themselves. They only spend time on the major issues and translate our commercial objectives into a legal framework.
I recommend them without hesitation."
Trevor Brown, Chief Operating Officer, The Listening Company
Legal Basics
There are as many types of commercial contracts as there are businesses and business relationships - so in effect, an unlimited number of possibilities. And in essence, a commercial contract simply sets out in writing the details of a business agreement made between two parties. One way of responding to this basic fact of the world of commerce is to think that anyone can draft a contract, and some will do just that. Now that there are a lot of contracts available on the Internet, someone with the time and inclination to draft their own agreement would probably be able to come up with something.
However, as with all areas of knowledge in which professionals have developed expertise, the law is of course no different, and the "do-it-yourself" approach obviously comes with risk attached. One aspect of legal and contracts expertise is knowledge of the standard types of commercial contract that, over time, have come to exist, and the other is the experience of having written them many times over and negotiated them from both sides of the table.
For more information on Commercial Contracts, please select the links on the left of the page.