Course description
Many non-lawyers are increasingly being required to review and revise commercial contracts even though they have no formal training in this area. Commercial contracts often have a language of their own which can be difficult to understand and apply in a practical way and the risks associated with this are obvious.
This in-person course sets out a summary of the essential information that any non-lawyer reviewing a commercial contract will require so as to help minimise these risks. Using a series of practical examples drawn from the trainer’s own considerable experience of this topic and delivered with an emphasis on finding common sense solutions, can you afford to miss it?
The key topics for discussion will include contract formation, incorporation of terms and the battle of the forms, jargon busting, boilerplate clauses, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Many non-lawyers are increasingly being required to review and revise commercial contracts even though they have no formal training in this area. Commercial contracts often have a language of their own which can be difficult to understand and apply in a practical way and the risks associated with this are obvious.
This in-person course sets out a summary of the essential information that any non-lawyer reviewing a commercial contract will require so as to help minimise these risks. Using a series of practical examples drawn from the trainer’s own considerable experience of this topic and delivered with an emphasis on finding common sense solutions, can you afford to miss it?
What You Will Learn
The key topics for discussion will include:
Contract Formation
- What are the requirements for a binding contract?
- What is meant by ‘invitation to treat’, ‘offer’ and ‘acceptance’?
- Can Heads of Terms and similar documents form a binding contract and how should they be used?
Incorporation of Terms / Battle of the Forms
- How do you know that your terms and conditions apply?
- What is meant by the ‘Battle of the Forms’ and what can you do to make sure you win it?
Jargon Busting
- What do lawyers mean when they say...?
Key Contract Clauses
The following topics will be reviewed via a case study that will involve delegates being asked to review and revise clauses and then discuss them among themselves and with the speaker:
- Price and payment
- Warranties
- Indemnities
- Exclusion and limitation clauses
- Term and termination
Boilerplate Clauses
The following topics will be discussed with the speaker using a series of practical examples:
- Entire agreement
- Force majeure
- Assignment and novation
- Contracts (Rights of third parties) Act
- Notices
- Liquidated damages
- Variation
- Waiver
- Jurisdiction
- Applicable law
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...