Commercial contracts

The agreements your revenue depends on, reviewed for the clauses that would matter if something went wrong, and negotiated with the other side when they need to change.

Eleanor Velden

Leads this area

Eleanor Velden

Managing partner, commercial.

What we do

What we do

01

Customer and supplier agreements, including a larger company’s standard terms.

Customer and supplier agreements, including a larger company’s standard terms.

02

Your own terms of business.

Your own terms of business.

03

Shareholder agreements and partnership agreements.

Shareholder agreements and partnership agreements.

04

Distribution, agency and licensing agreements.

Distribution, agency and licensing agreements.

05

Buying or selling a small company or business.

Buying or selling a small company or business.

When to call us

When to call us

The cheapest moment to call is usually earlier than it feels.

The cheapest moment to call is usually earlier than it feels.

When a large customer sends its standard terms and asks you to sign within the week.

When a large customer sends its standard terms and asks you to sign within the week.

Before you agree heads of terms on a sale or purchase, not after.

Before you agree heads of terms on a sale or purchase, not after.

When a new shareholder joins, or an existing one wants to leave.

When a new shareholder joins, or an existing one wants to leave.

How fees work here

Prices exclude VAT at 20%. You get the fee in writing before any work starts.

Contract review, up to 20 pages

Contract review, up to 20 pages

Fixed. A written list of the clauses that matter and why.

from £650

from £650

from £650

Review and negotiation

Review and negotiation

Fixed, quoted after the first call.

from £1,500

from £1,500

from £1,500

Company sale or purchase

Company sale or purchase

Fixed by stage, quoted before heads of terms are signed.

By stage

By stage

By stage

A recent matter

A retailer’s supply terms, made signable in 11 weeks.

A 60-person furniture maker. Led by Eleanor Velden.

A 60-person furniture maker. Led by Eleanor Velden.

Velden & Marsh, matter record

Velden & Marsh, matter record

Commercial contracts, 2025

Commercial contracts, 2025

  1. InstructedThe retailer's draft agreement arrives.
  2. Review sentTwelve clauses marked, four worth negotiating.
  3. Terms proposedOur mark-up goes to the retailer's lawyers.
  4. Terms agreedLiability, payment and cancellation settled.
  5. SignedA three-year agreement, signed by both sides.

Signed, with liability capped and payment due in 45 days, not 90.

Questions owners ask

Questions owners ask

The limitation of liability clause, payment terms, termination rights and who owns what is created under the contract. These decide what the contract can cost you.

Yes. Large companies change their standard terms more often than most suppliers expect, when the request is specific and the reason is stated.

Many disputes we see start between two founders who never agreed what happens if one leaves. A short agreement written early is cheaper than an argument later.

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