Contract Drafting and Management

Contract Drafting and Management Skills Training

Overview

Contract Drafting and Management Skills Training will help participants to get to grips with all the typical clauses, potential risks, pitfalls involved; and the structure necessary to draft clear and unambiguous contracts. The sessions are designed to help the delegates get a firm understanding of what is required to successfully draft commercial contracts. It deals with planning for the contract, risk, liability, understanding legal jargon, and the legal and contractual framework.

This course is designed to equip professionals with the essential skills and knowledge to draft, review, and manage contracts effectively. Participants will learn best practices, legal principles, and practical techniques to ensure contracts are clear, enforceable, and aligned with business goals.

Drafting commercial contracts effectively from the outset avoids hidden risks and liabilities and ensures that you always achieve your commercial objectives. Even though, the laws of each country are different, there are a lot of similarities in certain areas in contract law.

This course is highly recommended for anyone who will be entering into or signing some contract or other be it rental agreement, consultancy agreement or employment agreement.

For Who:

• Solicitors in private practice
• Legal and para-legal executives
• Commercial directors and managers
•  Contracts managers
• Business professionals involved in contract management
• Procurement and supply chain professionals.
• Entrepreneurs and business owners.

Learning Objective

By the end of this training, participants will be able to:

• Understand key legal principles and terminology related to contracts.
• Draft clear and enforceable contract clauses.
• Identify and mitigate risks in contract terms.
• Negotiate contract terms effectively.
• Manage the contract lifecycle, from initiation to termination or renewal.
• Ensure compliance with relevant laws and regulations.
• recognize the strategic importance of Contracts and need for Contract Drafting
• Identify the elements of a contract
• Identify the laws governing the different kinds of contracts
• define the contract clauses and contract writing models
• relate with international contracts and cross-border contracting concepts and practices
• articulate contract management approaches
• Demonstrate the skills of effective contract drafting
• Write clear and unambiguous terms
• Specify performance obligations
• Address risks
• Include effective Limitation and Exclusion Clauses
• Avoid drafting pitfalls
• write effective commercial contracts