Course description
Overview
The course is an introductory course, which is ideal if you have little or no experience in drafting or interpreting commercial contracts. You will examine the key issues surrounding boilerplate clauses as well as the practical pitfalls which are frequently encountered.Who is this for?
This course will be incredibly useful for anyone new to drafting or interpreting commercial contracts. It is particularly beneficial to:
- Paralegals
- Apprentices
- Trainee solicitors
- Qualified solicitors (1-5 years PQE)
- Legal execs
What will you learn?
By the end of this course, you will have an actionable understanding of all the following key issues:
- Entire agreement – what are the key elements that need to be included?
- Force majeure – how should this be defined and what key provisions should this clause contain?
- Assignment – in what circumstances is this permissible and what restrictions are permitted?
- Notices – what formalities should be inserted? Should e-mail notices be permitted? Should a deemed delivery provisions be inserted?
- Liquidated damages – what factors will the courts look at when determining validity and enforceability? How should clauses be structured so as to be compliant?
- Variation – are prohibitions on oral variations effective?
- Waiver – can a right to terminate endure indefinitely?
- Jurisdiction and applicable law – what issues need to be covered?
Emphasis throughout is placed on a commercially sound and compliant approach to these topics and the course will involve a series of practical exercises analysing each of the areas covered. Group feedback will be given.
How does this help your career?
Upon completion of this half day course, you will be able to draft the following clauses bearing in mind the relevant commercial and legal considerations:
- Entire agreement
- Force majeure
- Assignment
- Notices
- Liquidated damages
- Variation
- Waiver
- Jurisdiction and applicable law
This ability will elevate your speciality in the area of commercial contracts, allowing you to pursue more advanced career paths.
PSC Elective
This course may be taken as a PSC elective, although it may also be attended by non-trainees.
SRA Competencies
B, C
Other related courses
Commercial Contracts – An Introduction: a half day course delivered on the morning of the same day.
Commercial Contracts – The International Perspective
Commercial Contracts - The Next Step
Commercial Law Update
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Upcoming start dates
Suitability - Who should attend?
This course will be incredibly useful for anyone new to drafting or interpreting commercial contracts. It is particularly beneficial to:
- Paralegals
- Apprentices
- Trainee solicitors
- Qualified solicitors (1-5 years PQE)
- Legal execs
Outcome / Qualification etc.
By the end of this course, you will have an actionable understanding of all the following key issues:
- Entire agreement – what are the key elements that need to be included?
- Force majeure – how should this be defined and what key provisions should this clause contain?
- Assignment – in what circumstances is this permissible and what restrictions are permitted?
- Notices – what formalities should be inserted? Should e-mail notices be permitted? Should a deemed delivery provisions be inserted?
- Liquidated damages – what factors will the courts look at when determining validity and enforceability? How should clauses be structured so as to be compliant?
- Variation – are prohibitions on oral variations effective?
- Waiver – can a right to terminate endure indefinitely?
- Jurisdiction and applicable law – what issues need to be covered?