An intensive professional development training course on
Contracts:
Reading, Writing & Negotiating
Legal Agreements that Maximise the
Deal’s Potential and Minimise its Risks
Why Choose this Training Course?
The "Contracts: Reading, Writing, and Negotiating" training course provides valuable strategies and techniques to significantly improve your skills in developing effective contracts and resolving disputes. This course is essential for business professionals who need a clear understanding of what a contract allows, requires, or prohibits, as well as the potential consequences of non-compliance.
Often, the language used in legal agreements can be complex and misunderstood by those making critical contractual decisions. This course addresses these challenges by enhancing your ability to interpret and craft clear contract terms. It also equips you with the skills to evaluate proposed amendments from other parties, ensuring that you can assess their reasonableness and impact on your company's position effectively.
This AZTech training course will feature:
- Guidance and practice in drafting, amending and negotiating principal contract clauses
- How to use contract provisions to manage commercial risk, and reduce the risk of disputes
- Use of appropriate wording to protect your company’s interests
- Effective management of claims and resolution of disputes
- Principles widely used in international contracting
What are the Goals?
By the end of this AZTech training course, participants will be able to:
- Deploy their negotiation skills to create better agreements
- Demonstrate the ability to draft and amend contract documents
- Recognise key contract management issues
- Appreciate how contract clauses can be used to avoid, reduce or transfer risk
- Perform more skilfully in managing claims and disputes
Who is this Training Course for?
This AZTech training course will benefit all levels of personnel engaged in procurement, contract development and negotiation, contract management, operations, and dispute management. This training course is suitable to a wide range of contracts professionals but will greatly benefit:
- Contract Engineers, Contract Analysts, Contract Managers and Contract Professionals
- Contract Administrators
- Procurement and Supply officers, Buyers, Purchasing Professionals
- Project Coordinators, Project Managers and other Project Professionals
- Claims Personnel, including legal advisers
How will this Training Course be Presented?
This AZTech training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. Delegates will be encouraged to raise their own issues and problems faced within their industry or organisations for discussion on a confidential basis. The training course also includes high levels of participant discussion, group interaction, delegate group exercises and case studies using existing contemporary English language contracts in many jurisdictions.
The Course Content
Day One: The Commercial Use of Contracts
- The purpose of Legal Agreements
- Turning Agreements into Binding Contracts
- Controlling Risk using Different Types of Contract
- Contract Models and Templates
- Interim agreements: Letters of Intent and similar tools
- Choice of Law, Forum and Jurisdiction
Day Two: Contract Drafting as Writing
- The drafting process
- Developing a suitable Contract Structure
- Defined Terms and Principal Sections
- Boilerplate Provisions
- Style and Type of Language
- Common Words and Phrases
Day Three: Rights and Obligations – the Main Clauses
- Delivery, Performance and Acceptance
- Clauses that manage Risk
- Contract change terms
- Price and Payment
- Bonds, Guarantees, Warranties
- Intellectual Property rights
Day Four: How can Things Go Wrong?
- Contract Default
- Liquidated Damages and Penalties
- Limits/Exclusions of Liability
- Force Majeure
- Indemnities and Insurance
- Suspension and Termination
Day Five: Negotiation and Resolution of Disputes
- Negotiation – Tools and Techniques
- Dispute Resolution clauses
- Litigation and Arbitration
- Mediation and other Alternative Dispute Resolution methods
- Tips and traps in contract development
- Training course summary and review
The Certificate
- AZTech Certificate of Completion for delegates who attend and complete the training course
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