27 Sep, 2013

Commercial Contract & Dispute Resolution

Overview

In today’s highly competitive and cost-conscious environment, negotiating and drafting commercial contracts is an important part of business activity. Over 85% of business transactions are governed by contracts and hence it is necessary that contracts be aligned with business expectations. It requires legal professionals to be well versed with the drafting techniques and expertise to foresee the risk and have futuristic thinking to handle contracts in the best interest of their organization.

 

VCCircle Training’s upcoming Instructor-led workshop “Drafting Commercial Contract” is focussed to address essential updates on commercial and legal issues surrounding commercial agreements and will help you in improving your negotiating and drafting skills. This training will also equip you with the skills necessary to effectively manage contractual pitfalls and implement dispute management.

 

There will be a detail discussion on cross-border contracts and also dedicated session on identification and mitigation of contractual risks covering case management and Dispute Resolution. Breach and consequences of breach of contracts will be examined in the in light of dispute resolution. The training will provide examples of clauses & its implication with drafting exercises.

 

Why you should attend:

  • Administer commercial contracts to boost your performance and profitability

  • Practical insights into advanced contract drafting

  • Mastering innovative negotiation skills

  • Mapping the risks and measures of mitigation

  • Define performance terms to guarantee effective delivery and minimise costs

  • Avoid common contractual pitfalls

  • Drafting effective Dispute Resolution & Arbitration clauses

  • Practice exercises: Examples of Clauses & its implication with drafting exercises

 

Who should attend:

  •  Head-Contract Administration & Management

  • Head of Legal

  • Corporate Legal Counsel

  • General Counsel

  • Chief Counsel

  • Regional Counsel

  • Legal Managers

  • Corporate Legal Advisors

  • Company Secretaries

  • Senior Legal Practitioners

  • Legal Consultants

  • Lawyers

Agenda

Session 1- Negotiation of Commercial Contracts

  • Planning and conducting contract negotiation

  • Understanding the needs of negotiating parties

  • Deal ya no-deal situations – how to keep the options open.

  • Determining the rights and obligation of parties

  • ‘Win win situation – a myth or a reality?

  • Understand the element effecting negotiation process Vis – Culture, Language & Legal System

 

Session 2- A Hands-on Guide to Drafting Commercial Contracts

  • The contract law fundamentals & elements

  • Difference between letter of Intent, an agreement and a contract

  • Formation of contracts - Techniques in drafting contracts

  • Critical clauses in relation to contract effectiveness

  • Special clauses: Force Majeure, Risk Purchase, etc

  • Drafting Commercial Contract in light of Competition Law & Professional Services Liability

  • Sharing some cases on intricacies of:

-       General Commercial agreements

-       Infrastructure Contracts

-       Government Contracts

-       IT [Computer and Technology] Contracts

-       Outsourcing Contracts

 

Session 3- Dispute Resolution Clauses & Mechanism

  • Understanding & identifying dispute prone areas

  • Possible consequences and the medium of dispute resolution mechanisms

  • Remedies for disputes emerging from contracts

  • ADR provision in contract

  • Litigation Or Arbitration – A comparative Analysis

  • Role of corporate counsel in dispute management

Venue :

THE LALIT, Mumbai

THE LALIT

Sahar Airport Road,
Mumbai

Do you have any queries?

Drop us a line and we will call you.

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