Agency Law
AGENCY LAW SWINDON AND AGENCY AGREEMENTS SWINDON
What are the benefits of agency agreements?
Agency agreements are very flexible and offer many benefits for all types of businesses, both small and large alike. If, for example, you want your business to be represented in another country, but cannot justify the risk of making significant capital expenditures, an agency agreement offers some of the benefits of establishment with considerably less risk.
A common type of agent is the sales agent. Having a sales agent conduct business on your behalf, instead of in an employee capacity, means you are not subject to usual standards of employment law and can ensure rewards are performance based.
However, to come into contact with agency law is to walk through a legal minefield. Take the wrong step and you could find yourself standing on a mass of legal issues waiting to blow up should you make the wrong move. To make sure you do not have to walk into the danger zone in the first place, it is essential to seek the advice of a professional agency solicitor from the outset.
Legal services
Our agency law solicitors in Swindon will help to ensure that your agency agreement is properly drafted in the first place. A properly drafted agency agreement will make provisions for:
- Restrictions on the agent’s ability to legally bind you to third parties
- The agent’s commission
- Exclusivity
- The agent’s territory
- What will be considered a breach of the agreement
- When and how the agreement will be terminated
- The position on expenses incurred
Failure to properly draft an agency agreement will have tax implications for both parties; allow the agent to be considered an employee and, obviously, undo all the benefits of having an agreement in the first place.
Even if the agreement has been properly drafted, circumstances can change over time and they can change such that the agency relationship is very different from the original one intended. If you are having difficulties with your current agency agreement, we would be very happy to advise you on where you stand.
Get in touch
Our Swindon agency law solicitors strive to provide you a value for money service through professionalism, a customer-focused attitude and by helping you to get the results you want. Our agency solicitors have years of experience and are happy to advise on all areas of agency law. Being based in Swindon, we are able to offer you a convenient and relevant service, backed up by a good commercial understanding of the local business landscape