Presented by
Falconbury

Understanding and Drafting Standard Contract Clauses

This two-day no nonsense drafting contract clauses workshop will enable the contracts team to further their technical knowledge to deliver and manage successful contracts every time.

Find out more

  • Format: Bespoke training
  • CPD: 12 hours for your records (depending on your requirements)
  • Certificate of completion

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.

Why you should you train your team with this In-house programme?

By attending this seminar they 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
  • Learn techniques to draft exclusion, limitation and damage clauses to their advantage
  • Get-to-grips with the key implications of Force Majeure to ensure the team can successfully manage the impact if and when it arises for the 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
  • Answer any specific concerns or situations the team 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 – Confidentiality Agreements

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

Termination and Variation and Drafting Tips

  • 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

PRACTICAL WORKSHOP – Drafting Standard Clauses

Including key issues to look out for to ensure you minimise risk.

Programme - Day 2

Exclusion, Liability and Damages Clauses

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

PRACTICAL DRAFTING WORKSHOPExclusion, Liability and Damages, LAD’s Clauses
Key tips to drafting these clauses effectively.

Clauses to re-visit and amend-Force Majeure and Retention of Title

  • Force Majeure and Economic Hardship Clause
  • Doctrine of Frustration
  • Changing circumstances and unforeseen events
  • Defining events
  • Re-execution and re-negotiation
  • Retention of title

PRACTICAL DRAFTING WORKSHOPForce Majeure and Retention of Title

Boilerplate Clause-drafting key clauses to avoid common mistakes

  • Key areas of disputes
  • Assignment/Novation
  • Time is of the essence
  • Notices
  • Entire/whole agreement

Dispute resolution clauses-practical and key issues of drafting and selecting

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

PRACTICAL DRAFTING WORKSHOPStructuring Documents and Use of Language

Examining Specific Agreements

  • Licensing
  • Agency and distribution
  • Consultancy

PRACTICAL WORKSHOP-CONTRACTS CLINIC

Delegates raise specific issues past, present or future

Arun Singh OBE

Arun Singh is cited and ranked in the Chambers Guide to 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; he also handles international legal risk management matters. In 1999 he was appointed an OBE by HM the Queen for services to international trade, investment and intercultural management.

More details

Run Understanding and Drafting Standard Contract Clauses Bespoke training for your team

2 days

Typical duration

Pricing from:

  • GBP 800
  • Per attendee
  • Course tailored to your requirements
  • At your choice of location, or online

 

We don't have any currently scheduled dates for this course but we can customise it to your requirements and deliver it on an in-house basis for any number of your staff or colleagues.

Contact our in-house training expert Aleksandra Beer to discuss your requirements:

UK

  • 3i
  • ABB Ltd
  • Atradius
  • Audit Commission
  • BAE Systems
  • BAE SYSTEMS plc
  • Barratt Development Plc
  • BG Group plc
  • Brenntag UK Ltd
  • Cannons Health & Fitness Ltd
  • Capita Secure Information Systems Ltd
  • Capricorn Energy Ltd
  • DAS Legal Expenses Insurance Co Ltd
  • Detica
  • EADS Astrium Ltd
  • General Dynamics UK Ltd
  • GSL UK Ltd
  • Hays
  • IGI Insurance Co Ltd
  • IMO Ltd
  • Inca Digital Printers Ltd
  • Inmarsat
  • Integrated Research
  • K3 BTG PLC
  • KDS UK Ltd
  • Leonardo MW Ltd
  • National Audit Office
  • NEC Technologies (UK) Ltd
  • NUKEM/Nuvia Ltd
  • Playboy TV UK Benelux Ltd
  • Provident Financial Management Services Ltd
  • Reliance Security Group plc
  • Research & Innovation Services
  • Rio Tinto
  • SCom Group Ltd
  • SEAMS Ltd
  • SEW EURODRIVE
  • Springfields Fuels Ltd
  • Sterling Energy (UK) Ltd
  • Strainstall UK Ltd
  • Sungard Vivista Ltd
  • Thales
  • Trane (UK) Ltd
  • Transactis
  • TROX UK Ltd
  • TRW Automotive
  • University of Nottingham
  • Vector Aerospace International Ltd
  • WDR
  • Weir Valves & Controls UK Ltd
  • West Berkshire Council
  • WSPCEL Ltd

Netherlands

  • Earth Observation Contracts Service
  • ESA/ESTEC
  • European Space Agency
  • Fokker Elmo
  • Haskoning DHV Nederland B.V.
  • KINESIS HOLDING BV

France

  • Axens SA
  • Faurecia
  • Fives FCB
  • Sodexo SA
  • Technicolor SA

Nigeria

  • Daar Communications Plc
  • Exterran
  • NNPC
  • Schlumberger Overseas SA
  • The Emerging Markets Telecommunications Services Limited (Etisalat Nigeria)

Belgium

  • Coca-Cola Enterprises Services
  • Euro Control
  • Solvay SA

Switzerland

  • Actelion Pharmaceutical Ltd
  • Bachem AG
  • Tamoil SA

Denmark

  • Haldor Topsoe AS
  • Thermo Fisher Scientific

Germany

  • Boehringer Ingelheim GmbH
  • Siemens AG

Barbados

  • Barbados National Oil Co Ltd

Bulgaria

  • Huvepharma Ad

Croatia

  • Belupo Inc

Ghana

  • Ghana Ports & Harbours Authority

Greece

  • Hellenic Postbank

Oman

  • OMantel

Romania

  • S&T Romania SRL

Russia

  • OAO Group Ilim

Saudi Arabia

  • National Water Company

Turkey

  • Yamaners & Yamaner Law Office

United Arab Emirates

  • Petrofac Facilities Management Int'l

Multiple colleagues?
Talk to one of our training experts to discuss how to:

Run this course conveniently and cost-effectively in-house for your staff and colleagues

Aleksandra BEER
Training expert

+44 (0)20 7749 4749

inhouse@ipi.academy