Contract Law Masterclass - Own your contracts like a Pro. Here's what they don't tell you...
Details
ADVANCED
Contract Law
Consider risk controls in the contracting system and the organisational issues raised as a result.
The workshop aims to equip participants with an in-depth understanding of the legal risks, opportunities and challenges associated with contract formation, managing contractual breach and contract termination. Explore the legal issues and managerial choices associated with commercial contracting.
Outline
2 DAY COURSE
LEARNING OUTCOMES
Our practical two-day course will equip you with the knowledge and tools to:
- Evaluate the balance needed between contractual and commercial mechanisms to manage risk.
- Design and negotiate appropriate liability, indemnity and warranty clauses.
- Design strategies for both cooperative and competitive negotiations with the desired outcome being a contract that will best meet the needs specified.
- Critically assess the timing for invoking formal/informal remedies for poor performance, including liquidated damages and termination clauses.
- Analyse the key provisions of the Competition and Consumer Act 2010 and relate the provisions to the behaviour of procurement practitioners.
BENEFITS OF ATTENDING
- Increased confidence in assessing the risk profile of an organisation and the issues raised in risk allocation.
- More effective understanding of the enablers for risk mitigation.
- Lowers the likelihood that risk management will be undertaken with the outcome being the wrong party manages the risk.
COURSE OVERVIEW
1 - The primary functions of a contract
2 - Introduction to the legal process
3 - Creating a legally enforceable contract
4 - Key contract operational issues
5 - Key laws that can affect the contract
6 - Key parts of a contract
7 - Problematic contract terms
8 - Common problems faced by non-lawyers
9 - Capturing lessons learned
AUDIENCE
This workshop will be of benefit to practitioners who wish to build on an existing appreciation of contract law principles and consider broader risk and managerial issues associated with commercial contracting.
Speaker/s
Comprara is an organization that specializes in offering expertise for supplier and cost management solutions across three key areas – People, Process and Technology.
Comprara is all about supporting procurement and commercial leaders and their teams to gain more ground in the way they purchase to add increased value back into their organisation.
Comprara work with ASX 200 companies including some of the largest organisations in Australia and New Zealand in Telecommunications, Health, Energy, Financial Services, Retail Banking, Aviation, Manufacturing, Utilities, Transport, FMCG, Resources as well as the Public Sector to name just a few.
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