This training program offers participants a foundational understanding of contract principles and best practices. It empowers them to effectively create, analyze, and manage contracts, ensuring legal compliance and fostering successful business relationships.
Understand the fundamental principles of contracting.
Draft clear and enforceable contracts.
Negotiate contract terms to protect business interests.
Manage the execution and performance of contracts.
Address and resolve common contract issues.
Business Managers.
Entrepreneurs.
Contract Administrators.
Legal Assistants.
Procurement Officers.
Personnal involved in contract management.
Basic principles of contract law.
Essential elements of a valid contract.
Different types of contracts and their applications.
Common terms and clauses in contracts.
Practical examples of contract formation.
Techniques for clear and concise contract drafting.
Structuring contracts for clarity and enforceability.
Key clauses in contracts: warranties, indemnities, and termination.
Avoiding common drafting errors and pitfalls.
Practical exercises in contract drafting.
Effective strategies for contract negotiation.
Identifying and prioritizing key negotiation points.
Techniques for achieving mutually beneficial outcomes.
Ethical considerations in contract negotiations.
Steps for properly executing contracts.
Managing contract performance and obligations.
Monitoring compliance with contract terms.
Handling amendments and modifications to contracts.
Best practices for contract execution and management.
Common issues and disputes in contracts.
Techniques for resolving contract disputes.
Legal remedies and enforcement of contract terms.
Utilizing alternative dispute resolution methods.
Case studies on contract dispute resolution.
