Commercial agency refers to a legal relationship between an ‘agent’ and a business. The idea is that the agent works to promote the sale of a business’s goods or services in a particular market or region, almost like a freelance salesperson.
If you’re a business that is looking to expand into new markets without the risk or upfront capital of setting up a new sales team, then a commercial agency agreement could be the answer. However, it only works when it’s done right.
Our team know how to legally structure commercial agency agreements so that both parties get what they’re promised. If a dispute arises, then our team can resolve the case, fighting your corner to ensure you receive what is owed to you, and don’t pay a penny for a service that wasn’t fulfilled.
Our expert team will:
- Draft and review agency agreements: We draft agency agreements that clearly define the terms of the relationship between the principal and the agent. We can also review existing agreements to ensure they are legally sound and protect your interests.
- Dispute resolution: We have extensive experience in resolving disputes through negotiation, mediation, or litigation, if necessary.
- Compliance with legal requirements: Commercial agency relationships are subject to various legal requirements, like Competition Law and GDPR. We ensure that businesses comply with all relevant legal requirements to avoid lawsuits
Grow Your Sales the Right Way
The key to commercial relationships is to get them right from the start. Clearly defined responsibilities and payment structures will help you to overcome disputes that can arise later down the line.
If you are already in a dispute regarding a commercial agency, then we can assist with this too. Our team have experience working with both agents and principals, so we know how to protect your business and save you any unnecessary costs.