Drafting Commercial Contracts
Negotiate and draft clear and concise commercial agreements that meet the challenges of today’s commercial environment
Business is founded on the crystallisation of the terms of a deal and clarity and fair construction are key to a successful commercial agreement. Without a clear agreement, commercial and legal disputes are likely and unclear agreements are one of the largest causes of costly commercial litigation.
With this in mind, we have developed this modular and comprehensive multi-part programme that focuses on delivering practical and applied training of the key drafting skills needed to create transparent and direct contracts that deliver on a legal and commercial level. Each section of the course builds on the section before.
Part One: Drafting, Structure, Interpretation and Formation of Contracts focuses on developing a robust structure and formation to your contracts and expanding your drafting skills to deliver concise and watertight agreements. It will also explain the fundamentals of how contracts are interpreted.
Part Two: Precise and Careful Drafting looks in more detail at the more complex clauses and how they can be drafted and applied to leverage commercial value and manage legal risk.
Practical interactive learning styleThis workshop-style programme has been designed to offer a practical solution to your drafting challenges. Throughout the programme the expert presenter will use a balanced mix of theory, group exercises, discussion, sample clauses and case studies to provide you with a comprehensive portfolio of practical tips and techniques to draft contracts which meet your commercial objectives as well as ensuring that there are no ‘surprises’ further on.
Please note: When attending the online version of this course, participants are required to join with the ability to turn on their cameras. This is an essential requirement in order to fully participate in the training course due to the interactive nature of the programme.
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Suitability - Who should attend?
Benefits of attending
By attending this programme you will:
- Examine assignment and novation to ensure you are suitably protected in the case of transfer or sale of rights
- Consider the purpose and effect of typical boilerplate clauses and how you can leverage value for your organisation through clearer drafting
- Get to grips with payments and interest terms to understand how penalties can be applied
- Expand your knowledge of the risk of drafting a contract without a confidentiality clause
- Understand the risks that can be created through poor drafting in practical exercises under the guidance of the expert
- Discuss any disputes or issues you are facing with colleagues from other organisations to gain new ideas and perspectives
- Understand the pitfalls and pluses to applying an effective standard structure and format to every contract
- Master practical drafting techniques to write concise and effective agreements
- Examine special contractual arrangements and letters of intent
- Learn how to interpret variations and time-is-of-the-essence clauses
- Clarify the distinction between ‘best endeavours’ and ‘reasonable endeavours’ – essential terminology in commercial contracts
- Get up to date with the use and drafting of contractual warranties and indemnities
- Understand the effect of exclusion and limitation clauses, and how they can be used to manage your exposure
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Reviews by course attendees
Average rating 4.7
Great, lots of examples and kept everyone engaged given the amount of content and length of the court. Good course, I would look to do more in future.
Mark was fantastic. Extremely knowledgeable and engaging. Provides fantastic examples to help you visualise the issues at hand. Very good overall and I found it far more engagin...
About IPI Academy
International Professional & Industry Academy (IPI) is an international leading professional training organisation based in London. Our training solutions provide a return on your investment with measurable results, and are delivered by experienced professionals and managed with exceptional care and...
The Presentation was clear and engaging. The content was comprehensive but there was not much documentation for the attendees. It was a great class with enriching content.