A model of a Lawere theory L in a cartesian category C is a cartesian functor M:L→C
We say that a Lawvere theory is presented by an algebraic theory if they have the same models in any cartesian category.
Lawvere theories arise whenever one has a functor into a category with finite products and one studies the natural transformations between finite products of the functor
Equational theories are a form of presentation for Lawvere theories