Commercial Contracts: Walkthrough of terms

A walkthrough of your own standard contracting documents.

This practical workshop runs through your own standard contractual documentation, or if you don’t have your own, we use examples of contracts you have come across in the past. We will talk through all the clauses as we go along, spotting potential issues, and also discussing standard variations that are often sought, and the best responses to them. This is undoubtedly an interactive workshop with the trainers using their extensive experience to make the law relevant to your business through group work and case studies.

The aim of the workshop

After attending this workshop you will:

  • Understand your own contractual documentation from a commercial and legal perspective;
  • Have confidence in your contractual documents; and
  • Know how to approach common negotiation points.

 

Who is it for?

This workshop is aimed at anyone involved in the creation, negotiation or management of contracts. This would most likely be:

  • Sales teams
  • Procurement teams
  • Contract managers
  • Owner managers

Workshop duration and format

This workshop duration largely depends on the scope of documentation being used for the walkthrough. For simpler short-form contracts a half-day workshop is often suitable, but for longer agreements a minimu of one full day is often needed.

Prior to the workshop we will run through the documentation with you so that we can give an accurate time estimate.

What we will cover

  • Formation of the contract
  • Incorporation of terms

The rest of the walkthrough depends on your documentation, but we would usually expect the following to be covered:

  • Definitions
  • Supply of goods/services
  • Forecasts and orders
  • Delivery
  • Acceptance and defective products
  • Title and risk
  • Pricing and payment terms
  • Warranties, representations and indemnities
  • Limitation of liability
  • Boilerplate clauses

We will also cover:

  • Common issues and negotiation tips

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