Terms & conditions of trade

At Stephensons we can advise upon both the content and drafting of your business’ terms and conditions. Our dedicated specialists have the expertise to advise you on all legal matters affecting terms and conditions and the formation of contracts. We also recognise the key commercial risks that affect your business and will tailor the terms and conditions necessary to protect it.

In any economic climate it is vital for businesses to make sure that they get paid for the goods or services that they provided to their customers as even one bad debt could condemn a business to failure.

loading staff

Standard terms & conditions

Correctly drafted and incorporated terms and conditions of trade allow businesses the peace of mind to know that they understand all the terms under which they do business. Standard terms and conditions of trade will, amongst other things, clearly set out:

  • The price
  • When and how payment is to be made
  • When a product/service is to be delivered/performed
  • What the options are to a business when payment is not received
  • How a business may limit their liability under a particular contract

Many businesses who do have terms and conditions of trade often fail to properly incorporate them into their contracts with their customers. The effect of failing to properly incorporate the terms and conditions into contracts is that those terms and conditions may not have any legal effect on the business’ contracts.

Having correctly drafted and incorporated terms and conditions will save businesses considerable expenses in the long run as it is much more expensive and time consuming to take legal action against non paying customers or deal with other disputes through the courts than it is to have the correct terms and conditions prepared and incorporated at the outset of your business.

4.7out of 10
4.7 score on Trustpilot Based on count 857

We're Great

It is our business to deliver legal services that work for our clients, and you can trust our specialists to take care of things on your behalf.

Our Trustpilot reviews

Company restructuring - preparation for sale

There can be a number of reasons a business may choose to restructure. Including the plan to sell the business , merge, grow, develop into new markets, or prepare for a management buy-out. This could mean that part of the business needs to be transferred...

Read more

Twitter commercial

@CommercialLLP

Stephensons supports clients through pandemic

Stephensons is operating an agile working approach to assisting clients and is still open for business in the face of the coronavirus pandemic. Following the guidance issued by Public Health England (PHE) the firm’s services remain open and...

Read more

Commercial reorder

  • Jonathan Chadwick
  • Louise Hebborn
  • David Baybut
  • Kate Bullen
  • Chris Graves
  • Alistair Gregory
  • Philip Richardson
  • Julie Ball
  • Martha McKinley
  • Paul Davies
  • Jonathon Waterhouse
  • Jessica Charnock​
  • Julie Hunter
  • Adam Pennington​​
  • Andrew Whitehead
  • Sebina Noreen Malik
  • Mark Williams​
  • Martin Haisley
  • Terri Meehan
  • Laurence Searle
  • Kenneth Tang
  • Neil Marshall
  • Declan Gilroy​
  • ​Kerrie Ainscough
  • Matthew Smith