Overview
Contract Law Fundamentals for Non Lawyers Masterclass is an intensely practical guide through the essentials of contract law, exploring such details as when a contract will be required, when you have a contract (and don’t necessarily know it), what types of contract exist and the effect of legislation on your contractual arrangements.
This masterclass also scrutinises what happens when things go wrong, including how you can get out of a contract, options for assessing damages and remedies for breach and looking at the contractual implications of working in an e-commerce environment. You will grasp the crucial ingredients required for a good contract, and gain tips to better understand and manage your contracts.
Learning Objectives
- Develop legally enforceable and commercially advantageous contracts
- Achieve effective, workable solutions for all your contracting needs
- Ensure your contracts are plainly expressed and risk-managed
- Protect your interests if things go wrong
- Understand the force of your contractual obligations
- Recognise the optimal times to exert the power of the clauses in your contracts
Who should attend?
Laws and regulations governing general business and contracts are becoming increasingly complex. If you sign-off, approve and/ or are involved in commercial negotiations, at any level, you need to understand the fundamentals of contract law not only to protect your organisation’s interests but to ensure your organisation is not exposed to unnecessary risk and liability.
Anyone who has to negotiate, manage, transact with, or resolve disputes with third parties.
- Directors
- Managers
- Executives
- Deal Makers
- Contract Negotiators
- Contract Managers
- Customer Account Managers
- Relationship Managers
- Project Managers
- Suppliers
- Procurement Managers
Topics Covered
- Understanding the Fundamental Elements of a Contract
- Liquidated Damages and Penalty Clauses
- Warranties in contracts
- Performance Security: Recent Cases and Practical Considerations
- Damages for breach of contract
- Strategies to Resolve Contractual Disputes: Mediation, Arbitration or Litigation
- Allocating Risk: Indemnity & Exclusion Clauses and Insurance
- Online Contract Formation, Digital Signatures and Witnessing
- Termination – What happens when a Contract goes bad
