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
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
VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.
Bangalore
HOTEL ROYAL ORCHID
1, Golf Avenue, (Adjoining KGA Golf Course),
HAL Airport Road, Bangalore 560 008
Drop us a line and we will call you.
