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England - London • Corporate and commercial
3

Commercial contracts

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TLT

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TLT‘s sizeable national commercial contracts team advises FTSE 100 and 250 companies, international corporates, and public bodies across the lifecycle of strategic commercial arrangements. The team advises many top UK retailers and financial institutions, advising on joint venture agreements, franchising arrangements, and large-scale distribution and outsourcing projects. In the financial services sector, the team handles outsourcing and payment projects for institutions, while also regularly advising on public sector work, with Ministry of Justice and Department of Health and Social Care both being prominent clients of the team. Perran Jervis leads the team, and is relationship partner for many of the firm’s most notable clients. Pauline Cowie has over 35 years of experience advising clients in commercial matters. Stuart Campbell regularly acts for financial services clients. Alex Williamson is also noted.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team has comprehensive drafting and negotiation expertise and is meticulous in its approach to reviewing complex arrangements, ensuring clients' interests are safeguarded in high-value transactions. The team's deep expertise across industries allows them to tailor contracts to specific regulatory and operational needs. From large-scale infrastructure projects to IT outsourcing and service agreements, the firm has a strong track record in delivering legally sound, commercially viable contracts for public bodies. Rather than offering purely legalistic advice, the team prioritises pragmatic, business-oriented solutions that align with clients' strategic objectives and commercial goals. ’

  • ‘Daniel Lloyd has deep knowledge of UK contract law and its application in public sector contracts, including IT outsourcing and service agreements. He has a strong ability to draft, negotiate, and structure contracts that are enforceable, commercially viable and meet the needs of his clients. He is well-versed in handling complex contractual mechanisms such as performance management, break clauses, and risk allocation. Daniel goes beyond pure legal advice to offer commercially viable solutions, ensuring contracts achieve policy and financial objectives. Daniel has a concise communication style, making legal and commercial issues easily digestible for non-legal stakeholders.

  • 'Morounfolu Olajide demonstrates strong technical command of commercial contract law including procurement-related matters and performance provisions. She delivers well-structured, user-friendly contracts tailored to public sector needs. Mo is particularly effective in managing contract reviews and drafting key schedules. She understands the unique priorities of public sector clients, including value for money, transparency, and reputational risk. She provides commercially sound recommendations and contributes strategic insight, particularly around supplier performance risks and drafting for long-term flexibility. Mo is very responsive and available and provides clear, accessible communication tailored to varying levels of client expertise. Overall, Mo combines deep technical competence with high levels of service and dependability. ’

Key clients

  • Sainsbury’s Supermarkets Ltd
  • Department of Health and Social Care
  • Government Legal Department
  • Superdry plc
  • WH Smith PLC
  • Debenhams Group (Boohoo)
  • Department for Business, Energy & Industrial Strategy
  • Metropolitan Police
  • Yorkshire Building Society
  • Checkout.com
  • Elavon Financial Services
  • Imperial Brands PLC

Work highlights

Advising WHS Travel Limited on a regional development franchise agreement for the establishment and operation of WH Smith stores predominantly in travel locations in India but with the potential to expand to mall locations and online.
Supported GloStation Franchising USA over the last year on a number of international franchising matters.

Practice head

Perran Jervis

Other key lawyers

Pauline Cowie; Stuart Campbell; Alex Williamson; Morounfolu Olajide; Daniel Lloyd