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Commercial contracts made easy (well, easier!)

Wednesday September 26, 2012 at 9:57am
Does it sometimes seem to you as if the commercial contract that’s landed on your desk is written in a foreign language? Or you find that you can recognise many of the words, but they don’t seem to make much sense?

That might well be because the law, just like many other industries and professions, has its own way of expressing things and there’s no shortage of legal jargon which has built up over a long period of our legal history. More recently there has been some move towards the use of plainer English, but it takes a brave lawyer to change terminology which has been tried and tested.

I certainly try to use clear language as much as possible, but even so I am still asked from time to time to explain what something means. Some legal concepts can be difficult and complex – after all lawyers have to spend a fair bit of time studying in the first place and never stop learning – but as regards some of the legal jargon found in commercial contracts I thought I could perhaps provide some help.

What I decided to do was to start putting together some of the words and expressions which appear in commercial contracts that I thought could do with some explanation. The result is Commercial Contracts Jargon Busted

So if you’ve ever wondered why ‘consideration’ is offered in a commercial contract, why - after all the negotiations - you are facing ‘execution’ or why you think lawyers must have a lot of fun because they often talk about ‘parties’, then take a look.

I’ll be adding to the ‘Jargon Buster’ from time to time, so if there’s a word or expression in a commercial contract that you’re not sure about, please let me know. And if you are still puzzled about anything else in your commercial contract or have any other queries, then contact me.

Sue Mann

Business Contracts Solicitor
» Categories: Contracts, Sue Mann
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This blog is not intended to constitute legal advice, nor is it intended to be a complete and authoritative statement of the law, and what we say might be out of date by the time you read it. You should always seek legal advice to confirm whether or how any information in this article applies to your particular situation. We offer a free telephone consultation to discuss your particular circumstances.

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