Commercial Contract Drafting and Negotiation

Course objectives

• Draft clear, unambiguous contract clauses that reflect the underlying commercial deal
• Structure indemnity, limitation of liability and warranty clauses that allocate risk appropriately
• Negotiate contract terms effectively while protecting the organisation's legal position
• Identify and close common gaps in supply, distribution and services agreements
• Manage the contract lifecycle from drafting through execution, variation and termination

Who should attend

• In house legal counsel and contracts managers
• Commercial and business development managers
• Procurement officers negotiating supplier agreements
• Company secretaries reviewing commercial documents
• Legal practitioners advising commercial clients

Course outline

1. 01Contract formation, essential terms and common drafting pitfalls
2. 02Drafting indemnity, warranty and limitation of liability clauses
3. 03Force majeure, material adverse change and risk allocation clauses
4. 04Termination, breach and remedies for non performance
5. 05Negotiation strategy and tactics for commercial agreements
6. 06Managing amendments, assignment and the full contract lifecycle

Scheduled sessions