In today’s highly competitive and cost-conscious environment, negotiating and drafting commercial contracts is an important part of business activity. Over 85 per cent 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 handle contracts in the best interest of their organizations.
VCCircle Training’s upcoming workshop “Commercial Contract Masterclass” focusses on essential updates in commercial and legal issues pertaining to commercial agreements and helps improve 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 detailed discussion on cross-border contracts and also dedicated session on identification and mitigation of contractual risks covering Dispute Resolution. The training will also provide examples of clauses and their implications.
Why you should attend:
- Train to draft effective commercial contracts for enhanced performance and profitability
- Gain practical insights into advanced contract drafting
- Master innovative negotiation skills
- Map the risks and measures of mitigation
- Avoid common contractual pitfalls
- Learn effective Dispute Resolution and Arbitration clauses
Who should attend:
- Leaders in Contract Administration and 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
Negotiation of Commercial Contracts
• Planning and conducting contract negotiation
• Understanding the needs of negotiating parties
• Assessing deal or no-deal situations - how to keep the options open
• Determining the rights and obligation of parties
• Debating win-win situations - a myth or a reality?
• Understanding the elements affecting the negotiation process - Culture, Language & Legal System
A Hands-on Guide to Drafting Commercial Contracts
• The Contract Law fundamentals and elements
• Difference between MOU, Letter of Intent and an agreement
• Conversion of MOUs and Letter of Intent into formal contracts
• Introductory Provisions including Parties, Recitals, Definitions etc
• Critical Provisions including Appointment, Conditions Precedent, Consideration, Covenants, Term & Termination, Representations and Warranties & Indemnities
• General Clauses like Governing Law, Arbitration, Force Majeure, Arbitration etc
Sharing some cases on intricacies of
• General Commercial agreements
• Infrastructure Contracts
• Government Contracts
• IT [Computer and Technology] Contracts
• Outsourcing Contracts
Technique of drafting International Contracts
• Analyzing the key elements in cross border agreements: What are the terms unique to overseas contracts?
• Addressing various jurisdictions issue: Complying with overseas jurisdiction and coinciding with the rule
• Discussing effective techniques in drafting international commercial contracts
Dispute Resolution Clauses & Mechanism
• Understanding and identification of dispute prone areas
• Possible consequences and the medium of dispute resolution mechanisms
• Remedies for disputes emerging from contracts
• ADR provision in contracts
• 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.
Delhi
The Westin Gurgaon
Number 1, MG New Delhi NCR, 29, Sector Rd, Block D,
South City I, Sector 41,
Gurgaon, Haryana 122002
Drop us a line and we will call you.
