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Understanding and Drafting Standard Contract Clauses

This two-day no nonsense plain English practical drafting contract clauses course enables you to further your technical knowledge to deliver and manage successful contracts every time.

Date
2-3 Nov 2010
Venue
Grange Holborn Hotel · Please contact us for help with booking accommodation
Price
EUR 1249.00 / GBP 999.00 (+VAT @ 17.50)%
Members of our Training Partnership scheme pay EUR 625.00 / GBP 499.00 (+VAT @ 17.50%)
Get
Course brochure [2.75mb]
Book
or learn about other ways of booking
Date
27-28 Apr 2011
Venue
Venue to be confirmed. · Please contact us for help with booking accommodation
Price
EUR 1249.00 / GBP 999.00 (+VAT @ 17.50)%
Members of our Training Partnership scheme pay EUR 625.00 / GBP 499.00 (+VAT @ 17.50%)
Book
or learn about other ways of booking

Course overview

Ensuring you recognise and deal confidently with the risks and benefits presented by commercial contracts is key to protecting your organisation from disputes. Commercial agreements present a minefield of legal and commercial pitfalls that must be recognised to be avoided and managed successfully.

Following on from the success of our highly popular practical programme Business and Contract Law – Part I, this advanced course has been specifically developed to deliver more best practice techniques and solutions to complex legal and commercial contracting issues for the busy commercial manager.

With a focus on practical development this programme combines up-to-date commercial law with negotiation and drafting techniques. It analyses specific clauses, from pre-contract through to termination and dispute, that are essential for contracts in today’s demanding commercial environment.

Who should attend?

Participants will need a basic knowledge of business and contract law to attend this programme:

  • Contracts and commercial managers
  • Business development managers
  • Sales and marketing managers
  • Project managers
  • Procurement and operations managers

All those involved in the negotiation, drafting and management of commercial contracts

Why you should attend?

By attending this seminar you will:

  • Gain a clear understanding of pre-contract enforceability and it’s impact in different countries
  • Grasp the main issues connected with financial clauses, termination and variation and warranties
  • Build your negotiation and influencing skills through practical experience
  • Learn techniques to draft exclusion, limitation and damage clauses to your advantage
  • Get-to-grips with the key implications of Force Majeure to ensure you can successfully manage the impact if and when it arises for your organisation
  • Determine the effect of different legal systems on your contract and how to structure and draft to manage variation
  • Examine practical ways to skilfully avoid dispute through resolution tactics
  • Study some specific agreements and the legal pitfalls and challenges they bring with them
  • Get answers to any specific concerns or situations you may have encountered commercially in the ‘Contracts Clinic’

Programme - Day 1

Pre-contract Documents and Enforceability

  • Drafting
  • MoU’s
  • Heads of Agreement/Terms
  • Effect in different countries – good faith

PRACTICAL DRAFTING WORKSHOP – Pre-contract Documents and Enforceability

Financial Clauses

  • Price
  • Escalation
  • Payment terms
  • Payment guarantees

Warranties

  • Current use in contracts
  • Difference between warranties, guarantees, indemnities and representations
  • Privity
  • Contracts (Rights of Third Parties) Act
  • Latest cases – Infiniteland and fair disclosure

Termination and Variation

  • Construction
  • Repudiation
  • Unilateral variation
  • Termination events
  • Effect of termination

International impact

  • Examples of different approaches
  • Interpretation
  • Drafting
  • ‘Best Effort’ & ‘Reasonable Endeavours’
  • Confidentiality Agreements
  • Penalty Clauses
  • Termination Clauses

Influencing and Negotiating Contracts

  • Frameworks and styles for success
  • Supportive
  • Competitive
  • Restless
  • Consolidative

PRACTICAL WORKSHOP – Influencing and Negotiating for Drafting Contracts

Programme - Day 2

Exclusion, Liability and Damages ClausesFind out about Falconbury's tailored in-house training options

  • Limitation – Civil and common law
  • Liquidated and ascertained damages clauses
  • Penalty clauses
  • Direct and indirect damages

PRACTICAL DRAFTING WORKSHOP – Exclusion, Liability and Damages Clauses

Force Majeure

  • Increased importance in current international environment
  • Comparison of Force Majeure and Economic Hardship Clause
  • Doctrine of Frustration
  • Changing circumstances and unforeseen events
  • Defining events
  • Re-execution and re-negotiation

PRACTICAL DRAFTING WORKSHOPForce Majeure

Boilerplate Clause

  • Key areas of disputes
  • Assignment/Novation
  • Notices
  • Entire agreements

Practical and Key Issues of Drafting and Selecting Dispute Resolution Clauses

  • Conciliation
  • Mediation
  • Courts
  • Arbitration
  • ADR
  • Advantage/disadvantages of different routes
  • Selection exercise

PRACTICAL DRAFTING WORKSHOP – Structuring Documents and Use of Language

Examining Specific Agreements

  • Joint ventures and strategic alliances
  • Licensing
  • Agency and distribution
  • Mergers and acquisitions

CONTRACTS CLINIC

  • Delegates raise specific issues past, present or future

The expert presenter

Arun Singh OBE is an international lawyer at Grundberg Mocatta and Rakison LLP he was formerly a partner and Head of Commercial Law at KPMG Legal. Arun is cited and ranked in Chambers Guide of the World’s Leading Lawyers. He concentrates on international investment, joint ventures, licensing of technology, research and development, M&A, energy, outsourcing and corporate governance in developed and emerging markets (including Asia and the Middle East), and also handles international legal risk management matters. He advises a range of international organisations and is a senior associate of Oxford University Institute of Legal Practice. He teaches international negotiations at Cambridge University, he also teaches and trains as a member of the joint Duke University London School of Economics Corporate Education Network. He was appointed an OBE in January 1999 for services to international trade and investment and is a non-executive director of the Board of the UK Trade and Invest Office and of Cultural Dynamics.

Past delegates’ comments

Some of the comments received by participants on this course:

“Interesting, amusing and involving”

Francesca de la Feld, European Space Agency

“Good overview of business contracts, easy to grasp a good understanding with no legal background”

Claire Simons, IGI Insurance Co Ltd

“This seminar is useful, practical and informative. It is an excellent overview with interactive methods applied”

Mehmet G, Yamaners & Yamaner Law Office

“Excellent course, well run and made a slightly dry subject into an engaging and enjoyable course”

Roy Dallas, 3i

“Arun’s presentation was excellent”

Paul Shilston, TRW Automotive

You might also be interested in...

Delegates who attended this course also went on the following courses:

Sector Course Type

Client portfolio

Our client portfolio for this course includes the following companies:

3i plcEuropean Space AgencyReliance Security Group plc
ABB LtdFives FCBRio Tinto
ALBION CHEMICAL DISTRIBUTIONFokker ElmoSCom Group Ltd
Actelion Pharmaceutical LtdGSL UK LtdSEAMS Ltd
AgustaWestlandGhana Ports & Harbours AuthoritySchlumberger Overseas SA
BAE SystemsHaldor Topsoe ASSolvay SA
Barbados National Oil Co LtdIGI Insurance Co LtdSungard Public Sector Ltd
Boehringer Ingelheim Pharma GmbH&Co KGIMO LtdSungard Vivista Ltd
Brenntag UK LtdIntegrated ResearchTHOMSON SA
CEL International LtdKDS UK LtdTROX UK Ltd
Cannons Health & Fitness LtdNEC Technologies (UK) LtdTRW Automotive
DAS Legal Expenses Insurance Co LtdNUKEM LtdTamoil SA
DHV Holding BVNUKEM/Nuvia LtdThales
Defence Aviation Repair Agency (DARA)OMantelThermo Fisher Scientific
EADS Astrium LtdPetrofac Facilities Management Int’lTrane (UK) Ltd
Earth Observation Contracts ServicePlayboy TV UK Benelux LtdWest Berkshire Council
Euro ControlProvident Financial Management ServiceYamaners & Yamaner Law Office

 

Do you have a team of contract, procurement or project managers who are facing unique challenges in managing your organisations contracts?

Challenges translate to risk and in today’s environment of bespoke and standard contracts these risks can be mitigated with an understanding of the practical legal implications of a contract which can benefit both the Client and Supplier. Falconbury deliver business and contract law programmes In-House for a number of organisations in the UK and Europe. By focusing on Your Contracts terms and conditions we can tailor the course to your needs.

For more information call Caroline Glen on +44 (0)20 7729 6677 or visit our contact page and we will get back to you immediately.