Contract Mastery for Non-Legal Specialists: A Complete Insight
Introduction
This course is designed for professionals and managers from non-legal and non-contracting backgrounds who wish to **gain a solid understanding of contracts and their role in business success**.
Every organisation relies on contracts to safeguard its interests and manage risks effectively. A clear understanding of contracting processes enables professionals to **communicate more effectively with legal teams, negotiate better outcomes, and avoid costly mistakes**.
This Course Will Feature
* The benefits of understanding contracts in business
* How contracts are developed and structured
* Different contracting models and approaches
* How contracts allocate and manage risks
* Examination of key clauses and their practical implications
Objectives
By the end of this course, participants will be able to:
* Recognise the structure and purpose of contracts
* Understand how different contract structures suit different situations
* Improve communication with contract and legal professionals
* Identify pitfalls in commonly used contract clauses
* Construct and manage contracts and negotiations effectively
Course Content
**Day One – The Basis of Contracting**
* Why we use contracts
* Legal requirements for a valid contract
* Oral and electronic contracts
* Terms and conditions of contracts
* Authority to contract
**Day Two – Risk and Different Contracting Types**
* Assessing and managing risk
* Traditional contract types
* Modern contract types
* Bonds and guarantees
* Letters of intent
* Choice of law and jurisdiction
**Day Three – Major Contract Terms**
* Obligation to perform
* Defective goods and liability issues
* Indemnities and insurance
* Intellectual property in contracts
* Force majeure provisions
**Day Four – Changes, Variations, Payment, and Close-Out**
* Managing changes and variations
* Payment mechanisms
* Letters of credit
* Warranty claims
* Suspension and termination
* Contractual issues at close-out
**Day Five – Negotiation, Avoidance, and Dispute Resolution**
* Negotiation, compromise, and settlement
* Litigation process overview
* Arbitration practices
* Mediation techniques
* Expert determination
* Dispute review boards
Who Should Attend?
This course is ideal for:
* Managers and Professionals from non-legal backgrounds
* Project Managers and Team Leaders
* Procurement and Supply Chain Specialists
* Engineers and Technical Professionals
* Business Development and Commercial Managers
* Anyone seeking to improve their knowledge of contracts for effective management
Enquiries and Registration
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
