Tips for Reading Contracts When You’re Not a Lawyer (OnDemand Webinar)

$149.00

SKU: 410120EAU

Description

Get practical tips and tricks for reading and understanding contracts when it’s in lawyer language.Participants in this unique program will learn techniques for reading and understanding contracts. Actual excerpts from real contracts will be discussed. We will focus on what contracts are and how they are formed, the most important elements of most contracts, and negotiation tips. Also discussed will be how various parts of a contract relate to each other and balance the protections in the contract.

Date: 2022-10-20 Start Time: End Time:

Learning Objectives

Getting Oriented
• What Is a Contract?
• Written
• Oral
• Shrink-Wrap
• Click-Wrap
• When Is a Contract Not a Contract?
• What Are the Key Parts of Most Contracts?
• Business V. Legal Points
• Current Trends in Contracting
• How Do I Know When to Call a Lawyer?

Before You Start
• What Is the Deal About?
• What Are the Anticipated Fees?
• Are There Unique Risks?
• Maintaining Negotiation Leverage
• Setting Expectations
• Achievement a “Reasonable” Contract May Not Be Possible

Pre and Post Contract Activities
• Due Diligence
• Vendor Questionnaires
• Audits, Onsite Visits
• Have a Checklist
• What Do You Do First?

The Big Four
• Trial
• Acceptance
• Warranties
• Support

Key Contract Protections
• Know the Most Common Contract Protections
• Discussion of Specific Contract Language and Risks
• Real-Word Contract Examples

Questions/Discussion

AIPB ,ISM ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Yusuf Cassim-Charles Schwab & Co., Inc., Michael R. Overly – Foley & Lardner LLP

Tips for Reading Contracts When You’re Not a Lawyer (OnDemand Webinar)

$199.00

SKU: 407212EAU

Description

Get practical tips and tricks for reading and understanding contracts when it’s in lawyer language.Many contracting professionals who attempt to read contracts meet a challenge. The contract has been written by lawyers, for lawyers and only lawyers seem to understand what the contracts say. This material helps the nonlawyer read the contract with an understanding of the core elements. This includes, identifying the risks and value lying in the contract and understand how to best address them understanding the motivations behind the author understanding why certain things are best left in the contract and why it is best to leave some things out anticipating how requests to change an item will be approached and the likely response understanding how simple punctuation can become a major issue and realizing that tracking the requested changes is essential.

Date: 2019-12-19 Start Time: End Time:

Learning Objectives

The Structure of the Document and Knowing Where to Expect to Find Items

The Core Concepts Contained in the Clauses

How to Dive Into the Details Once the Concepts Are Conquered

Checking for Complete, Clear and Consistent Contracts

Why, How and When to Request Changes to the Language

Automation and Tools to Make Your Review Easier

No Credit Available

Jim Bergman-Commercial Officers Group