Promote a productive business relationship and protect the interests of all parties with an Agency Agreement.
Establish and maintain positive agency relationships with streamlined agency agreements. We craft agreements that ensure clarity for all parties, minimising risks and proving a solid foundation for your future interactions.
FAQs
An agency agreement is a legal contract between two parties where one party (the principal) authorises the other (the agent) to act on their behalf in business dealings with third parties.
This agreement outlines the scope of the agent’s authority during decision-making, their responsibilities, and the terms of their relationship with the principal.
Agency Agreements are applicable to many different industries. Some examples of where an Agency Agreement is relevant include:
Agency Agreements can be beneficial on a financial and legal level.
Working with an agency/agent can allow the principal to broaden their business scope, build brand awareness, and ultimately close deals.
Implementing a legally-sound Agency Agreement sets expectations for each party, reduces potential misunderstandings, and protects the interest of both parties.
Your Agency Agreement is tailored to your industry and the type of business relationship you intend to have. Some common clauses include:
Whilst templates for Agency Agreements are readily available, it’s important to exercise caution when using them.
An online template may be cost-efficient, but it is unlikely to contain terms relevant to your circumstances, and may not be up-to-date with industry standards or UK legislation.
Consulting with a commercial solicitor to draft or review your agreement will prevent potential issues down the line and ensure you’re protected in all eventualities.
If you decide to use a template and then ask a solicitor to check it, they may need to rewrite it.
The key stages involved in drafting an Agency Agreement include:
Depending on your matter, a typical review of your Agency Agreement will involve:
If you need an Agency Agreement drafted or reviewed by a solicitor, we can help. Just give us a call on 0203 007 5500.
The time required to draft an Agency Agreement can vary significantly depending on the complexity of the arrangement and the level of negotiations involved.
Your solicitor will give you a time estimate upon further discussions of your matter.
The cost of a draft or review depends on the document length, the complexity of the agreement, and the revisions required.
Once you have outlined your needs with our solicitors, we can provide a fee estimate.
To request a callback from our commercial solicitors, please call us on 0203 007 5500.
Call, email or provide us with a few details of your matter, and we’ll help you arrange an initial consultation. You’ll get:
No fee surprises. Ever. Our solicitors in London and Brighton will inform you from the outset how much your case will cost and we will do everything in our power to keep costs down and within your original fee estimate.
You are our priority and law is our speciality. Our award-winning solicitors in London and Brighton ensure you know exactly where you stand from a legal perspective so you can make a well-informed decision.
With fortnightly updates on your case, you’ll never be left in the dark. Our solicitors in London and Brighton ensure you know exactly how your case is progressing and are with you every step of the way.
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