Contract Drafting and Negotiation

Code

779

Start Date

2025-02-09

End Date

2025-02-13

City

Lisbon

Price

4950 $

Language

Participants

1-15

Hotel

Hotel Meeting Room

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Course Overview

Contracts are the foundation of all commercial partnerships, and they have a role in every aspect of a business. Whether they are involved in the development of a large new asset or the delivery of products and services, all members of an organisation must understand how contracts work. Drafting and Negotiating Contracts is a topic that covers the principles, tactics, and strategies involved in contract negotiation and drafting. It concentrates on contract structure, substance terms, and how to construct them. It also covers legal etiquette such as attestation, registration, notarization, and stamping. Contracts that are well-written and comprehensive are essential to the success of any organisation. Drafting and negotiating are the two key components that make up the process of putting up a contract. A solid foundation for every commercial transaction may be laid by a legally binding contract that has been carefully negotiated after being meticulously created.

Course Objectives

To develop skills for the creation of strategies and tactics used in negotiation
To highlight different types of contract structures and contractual provisions
To implement efficient methods for drafting business contracts
To determine the most efficient method for resolving contractual disputes
To master the art of efficiently negotiating the contracts
To develop contract drafting skills
To develop skills for contract negotiation
To understand the essentials of concise contract writing

Training Methodology

Expert lectures and interactive sessions
Discussion of a theoretical overview of contract writing
Application of theory in the context of practical activities
Incorporating genuine scenarios, such as real-life contracts
Individual and group activities
Problem-solving
Group discussions addressing current practises

Organisational Benefits

The organisation will profit from candidates’ better-contracting abilities
Effective contract management leads to better company results via improved negotiating
Conflicts may be avoided or resolved more effectively with the use of trained procedures
Stakeholders in the organisation will have more information about the legal standing of business relationships, contracts, and other rights
The absence of contract disputes and litigation will prove beneficial to any organization
Preventing misunderstanding of messages and agreements will save organizational resources in terms of money and time

Course Outline

Contract Formation and Contract Risk Management
- The Concept of Building Blocks
- Areas of Responsibility
- Variations
- Damages as a Result
- Material Breach/Breach
- Damages that have been liquidated
- Contract Law’s Fundamental Policies and Values
Service Level Agreements
- An overview of service level agreements
- Measurement of effective service-based provision
- Performance-based measures
Developing Clear and Concise Contracts
- Creating the contract’s front page
- Clauses that begin with and lead into
- Putting Together Definitions
- Contractual Terminology
Preparing for Negotiation
- Finding the deal’s true motivation
- Concerns Anticipation
- Verifying Local and Federal Regulations
- Keeping a track of potential liabilities
- Assessing the risks involved
- Keeping a term sheet
Approach to Negotiation Skills
- Negotiation Elements
- Why Do Negotiations Go Bad?
- Re-negotiation of a Concluded Contract
- Successful Negotiation Factors
- Negotiation Techniques
The Most Important Aspects of Drafting
- Getting to Know the Goal
- The Counter-Information Party’s
- The Ecological System
- General Terms and Conditions
- Creating the Different Clauses
- Agreements that are both binding and non-binding
- Warm-up exercises with some basic papers
- Difference between a sole proprietorship and a corporation
- Understanding what a Consortium is and what it does.
- Extensive research
Interpretation of Contracts
- Understand how contracts are read when they are unclear.
- The significance of document priority
- Capstone project

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Contracts Management and Law Training Courses

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Contract Drafting and Negotiation

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