Released on: April 24, 2008, 2:30 am

Press Release Author: Berg Legal

Industry: Law

Press Release Summary: Businesses that are unaware of the rights of commercial
agents could risk a heavy financial burden when agency arrangements terminate,
according to experts at Manchester law firm, Berg Legal.

Press Release Body: Commercial agents have a number of rights and responsibilities
set out in the Commercial Agents Regulations, including minimum notice periods,
entitlement to commission on sales made and the duties owed by a business to an
agent and vice versa. However, many companies are still unaware that their agents
are entitled to compensation if an arrangement is terminated, whether due to
retirement, illness or if the contract is ended at will without any serious breach
by the agent.

Luisa D'Alessandro, Head of Commercial at Berg Legal, said: "Businesses must have a
clear and effective agency agreement in place to minimise risk and potential cost in
the future. This is vital to give contractual certainty and protection as with any
other commercial arrangement but also allows you to opt for a voluntary indemnity as
an often preferable method of termination payment rather than compulsory
compensation."

"It's essential for businesses that appoint commercial agents to seek legal advice
when putting contracts in place to guard against future financial difficulties.
It's a complex area and getting it wrong could be hugely damaging to your company."


Web Site: http://www.berg.co.uk

Contact Details: 35 Peter Street,
Manchester,
M2 5BG