If you are in business, then you need to be operating on your own terms as small print or as set out in clear contracts. The following are our top six tips for such terms and conditions of business.
1. It is vital that you trade under your own bespoke terms so give some thought to the particular business and the trading terms that you require.
2. Any Terms and Conditions must be precise, lawful and highlight any key restrictions or limitations.
3. All Terms and Conditions should be properly drafted by an experienced commercial lawyer. Do not copy and paste or borrow other people’s small print, or try and dabble in this drafting exercise.
There is a very good reason that commercial lawyers are well paid. They will save you thousands in the long run!
4. Use your Terms and Conditions everywhere and ensure that clients have access to them pre-contract, on your…
If you are in business, at some stage, you may have to consider litigation or recovery of debts. The following top tips need to be considered if you are in such situations.
1. Do you really know your client? Do you have full details of who they are, their proper addresses and any assets that they may own?
2. Have you undertaken credit checks? Have you made full enquiries regarding your clients/customers?
3. Do you have any personal guarantees or other security in respect of the debt?
4. Do you have bespoke terms and conditions of business and clear invoicing policies and statement…
After a rigorous evaluation, Peter Lynn and Partners have received a full re-accreditation, to the highest standard, from the Law Society’s Quality Audit, Lexcel.
The stringent audit evaluated all seven of the firm’s offices including a cross-section of solicitors and support staff as well as key aspects of the business such as practice management and client care.
Peter Lynn, Senior Partner, commented: “The Lexcel audit is the kitemark for our sector so to be re-accredited to the highest standard is a reflection of the skill, dedication and hard work put in by every member of the team.”
In preparation for the audit,…
There comes a time in nearly every business when you have to consider buying, selling or leasing commercial premises. The following are top tips for consideration:-
1. Calculate whether you really need to buy or rent or have a combination of both.
2. If buying, get expert commercial property advice from a proper commercial property lawyer, who is aware of full commercial enquiries, local plans to ensure there are no hinderances to trading or running a business at particular premises or land.
3. If leasing, it is vital that you not only get expert advice from lawyers and surveyors but that you…
Regional law firm, Peter Lynn and Partners, have renewed their sponsorship of the South Wales Cricket Association (SWCA).
The four-figure deal means the firm retain the title sponsorship of the association which is the oldest cricket league in South Wales having been established in 1926.
Honorary Chairman, Neil Hobbs commented, “We run seven leagues as well as two cup competitions, so support such as this from Peter Lynn and Partners is extremely important to the running of the association.”
Peter Lynn, Senior Partner at the law firm, who regularly plays for local side Morriston Cricket Club, said: “Sponsorship of local sport is…
Swansea’s leading law firm, Peter Lynn and Partners, have sponsored Pen Y Bryn Special School’s forthcoming DVD & Book on Dylan Thomas.
The feature documentary will showcase people and places linked to Swansea’s famous son and will be made entirely by the staff and pupils from the school.
James Williams, Enterprise Co-ordinator at the school, said; “We wanted to create a documentary featuring places and interviews with people linked to Dylan Thomas that would hopefully include Dylan Thomas’ Birthplace, the Dylan Thomas Centre along with people linked to Dylan and celebrity interviews. To get the idea off the ground, we required…
Employees are a key resource, and the following are our top tips when considering employment of any staff in any business.
1. Make someone responsible for HR whether it is yourself or an expert manager, get them well trained and have available to them expert advice so they can take responsibility for staff and ensure there are clear lines of responsibility.
2. Contracts, handbooks and policies and procedures. Please make sure that these are well drafted by expert solicitors to set out clearly the areas of responsibilities, all duties, hours and restrictions that are necessary to protect the business.
3. Incentives. What…