Activity
Mon
Wed
Fri
Sun
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
What is this?
Less
More

Owned by James

Law Made Simple - Join Law Clinic’s Community to learn, share and gain essential legal knowledge! For UK, Ireland (Republic) and US (New York)

Memberships

Skoolers

189.9k members • Free

7 contributions to Law Clinic UK Support Hub
When is an agreement legally binding?.With reasons to terminate....
We all make binding contracts as part of our daily lives and you may be wondering what the effect of a binding contract is and if you can get out of it..... Consumers have a lot more protection from unfair terms and in particular if you conclude a contract "at a distance", so online, you usually have a cooling off period to simply change your mind with no penalty. Some goods and services are exempt (e.g. perishable goods, holidays on particular dates, etc). It is a huge topic so the following is a general overview..... A contract is legally binding when five core elements are present. 1. Offer A clear and definite promise to be bound on specific terms, capable of acceptance. It must be distinguished from an invitation to treat, such as goods displayed in a shop window. 2. Acceptance An unqualified agreement to the exact terms of the offer. It must mirror the offer and be communicated. A counter-offer destroys the original offer. 3.Consideration Each party must provide something of value. It does not have to be adequate, but it must be sufficient in law. Past consideration will not usually suffice. 4.Intention to create legal relations In commercial agreements there is a strong presumption of legal intention. The parties should agree that the contract can be subject to legal action if one or the other breaches the terms....an example is bidding on an auction site - when you place a bid, you agree to enter in to a binding agreement if you win Certainty of terms The agreement must be sufficiently clear and complete. If essential terms are vague or incomplete, the contract may fail. Capacity and legality The parties must have legal capacity, and the contract’s subject matter must be lawful. Everyone is presumed to retain mental capacity until a medical expert can say otherwise....an example is a Will and the person who makes the will must have mental capacity, if not then the will can be considered void. Similarly, the agreement must be legal - so if the transaction is illegal (e.g. someone buying drugs or illegal weapons) then you have no recourse if it goes wrong.
1 to 1 Virtual Consultations Now Available
FAO: UK and Irish members only at this stage, if you would like to book a one-to-one call with our Solicitor, please click here : https://intro.co/JamesEasson Areas covered: - Consumer rights disputes - Contract law (consumers and also commercial) - B2B (business to business) disputes - Landlord & Tenant (residential) - Family Law - Dispute resolution (e.g. neighbours) - Scams (if you have been scammed or worried you may be - Court procedure (civil / CPR rules) - Defamation (libel, slander) - Others - please ask!
$5 Trial for 7 Days of Unlimited Medical Questions at JustAnswer!
Enjoy 7 Days of Unlimited Questions at JustAnswer. Connect with a certified Medical Doctor today! Click Here >>>> https://justanswer.9pctbx.net/c/6839543/560782/9320
0
0
Suggestions?
If anyone has any suggestions on what they would like to see (or learn about), please let us know and we would be happy to oblige. We are currently building the page and adding more content though we appreciate it if anyone has anything they would particularly be keen to learn about. Thanks!
1 like • Jan 17
@David M at the moment this isn't possible, we only have a law expert in NY at this time (as well as the UK and Ireland), apologies. We hope to add more resources in due course however so please stay tuned, thanks!
1 like • Jan 30
They can but a loan note is not secured, so secured creditors will be paid out first. LN note holders are at the back of who would be paid out. The introducers simply referred investors to 79th Group for commission. Most introducers were unregulated.
So you want to be a lawyer?. What I learned....
I was never “academic”. Growing up, I struggled through exams while my friends seemed to sail through with ease. I genuinely thought something was wrong with me and assumed I was average at best when it came to learning. Even my own parents didn’t think I’d be cut out for a professional career. Encouragement was limited, but what I did have was determination. I told myself I would prove them wrong. I enrolled on a law conversion course and failed. I resat the exams over the summer while my friends were out enjoying life. I eventually passed, which allowed me to progress to the practical course — advocacy, drafting, the real skills. I passed that too. Not with a commendation or distinction, just a pass. But it was enough!. In 2005 I landed my first job as a paralegal on £12,000 a year. I couldn’t believe they hired me. It wasn’t a Magic Circle firm where trainees command six-figure salaries — it was a high street firm. But for me, it was the stepping stone that mattered..... As I climbed that slippery pole to promotion, I quickly realised that being a lawyer isn’t just about legal knowledge. You need people skills. You need to negotiate. You need to know when not to be an asshole. You need humility, kindness, and perspective. I met many lawyers who were technically brilliant but lacked those essential human qualities — putting clients first, communicating clearly, treating people with respect. Some still climbed the ladder because they knew the right people or mastered the art of kissing up. I saw that pattern again and again. I saw some lawyers who clearly had no clue - but they had a way with people and they got promoted much to my annoyance!. I also saw many people reach the “top” only to burn out from stress or leave the profession entirely. The law for the most part is not glamorous, there are targets to reach, nine to fiver's are frowned upon, your boss may be difficult to deal with, you always think "are you doing this right" - it's one of the most heavily regulated industries so many lawyers have real concerns of being sued or falling foul of the Regulator....
1-7 of 7
James Easson
2
2points to level up
@james-easson-3362
Solicitor & Founder of Law Clinic Limited — helping you resolve your legal disputes quickly and effectively to help you avoid legal action

Active 2d ago
Joined Oct 20, 2025
London, UK