: Istanbul-Turkey: +905395991206 - Amman-Jordan: +962785666966 London-UK: +447481362802
-->

Legal & Contracts Management

Contract Excellence for Non-Legal Professionals


Introduction:

In every organization the commercial and business structure is based on contracts. These may vary from simple purchase orders, or even handshakes, through to highly-complex financing agreements. The development, negotiation, and management of these contracts are often in the hands of skilled professionals, but the general managers handling the delivery of the product, service, or project may not be fully familiar with the complexities of the documents concerned. This course is intended to allow professional managers with a background other than law or contracts to better understand the processes and issues involved, and therefore improve their overall management skills.

Targeted Groups:

  • Project or Construction professionals
  • Tenders, Contracts, Buyers, Purchasing, Financial personnel
  • Those from a Project Management or General Management background
  • Those new to the function or preparing for a major project or contract

Course Objectives:

At the end of this course the participants will be able to:

  • Improve understanding of the structure and purpose of contracts
  • Show how different structures can be used in different situations
  • Improve the ability of managers to communicate with and instruct legal and contracts personnel
  • Explain some of the pitfalls that exist within commonly-used contract clauses
  • Explore the reasons why we use contracts, and how they can be developed.
  • Examine different contracting structures, and how they allocate and manage risk.
  • Review some of the major provisions in contracts, and discuss why they are drafted as they are, and what pitfalls there maybe if they are not managed properly

Targeted Competencies:

  • Risk identification and management
  • Understanding legal and contractual terms
  • Contract management
  • Project management where it interfaces with contracts
  • Negotiation
  • Dispute resolution

Course Content:

Unit 1: The Basis of Contracting:

  • Why we use contracts
  • How contracts are formed
  • Legal requirements for a valid contract
  • Oral contracts
  • Electronic contracts
  • Incorporating other documents by reference
  • Terms and conditions of the contract
  • Authority to contract
  • The role of agents
  • Proving authority
  • Methods of signing – seals, chops etc.
  • Internal contracts within a Group – some dangers from ignoring the need for formal arrangements

Unit 2: Risk and Different Contracting Types:

  • Different types of risk
  • How to assess and manage risk
  • Commercial risk within the contract
  • Risk of damage
  • Use of ICC Incoterms to determine when risk passes
  • Other risks
  • Selecting appropriate contract types
  • Traditional
  • Lump-sum
  • Bill of Quantities/Schedule of Rates
  • Reimbursable
  • Hybrid
  • Fixed Fees
  • Economic Price Adjustment clauses
  • Escalation
  • EPC/Turnkey
  • Convertible LSTK
  • Build Operate Transfer
  • Alliance/Partnering
  • No Cure No Pay
  • Bonds/Bank Guarantees
  • Parent Company Guarantees
  • Letters – Intent; Instruction/Award; Comfort; Awareness
  • Side Letters
  • Which Law?
  • Which Courts?
  • Non-Traditional
  • Collateral documents
  • Law

Unit 3: Major Contract Terms:

  • Obligation to perform
  • Testing and acceptance/rejection
  • Defective goods
  • Patent and Latent Defects
  • Limits of liability
  • Consequential loss
  • Overall caps
  • Connection with negligence
  • Liquidated damages and penalties
  • People
  • Property
  • Indemnities – what they mean, and why they are important
  • Ownership of existing rights
  • Ownership of rights created under the contract
  • Dealing with claims of breach
  • Insurance, and how this links with indemnities
  • Intellectual property
  • Warranty and rework
  • Force Majeure
  • Notices
  • “Entire Agreement” clauses
  • Implied Terms – some examples

Unit 4: Legal Aspects of a Contract and its Relation to Changes, Variations, and Payment and Close-Out Issues:

  • Changes to the Contract Terms (“Amendments”)
  • Changes to the Scope of Work (“Variations”)
  • Keeping control of change – and examples of what happens when you get it wrong
  • Impact of Variations
  • Cost
  • Delay
  • Responsibility
  • Extension of Time
  • Payment
  • Amount
  • Timing
  • Method of payment
  • Risk in international trade
  • Letters of Credit
  • Warranty claims
  • Set Off and contra charges
  • Suspension and Termination
  • Contractual issues on closeout

Unit 5: Negotiation, Avoidance, and Resolution of Disputes:

  • Negotiation, compromise and settlement
  • Traditional approaches to third party resolution
  • Litigation
  • Arbitration
  • Alternative Dispute Resolution
  • Mediation
  • Conciliation
  • Mini-Arbitration
  • Expert Determination
  • Early Neutral Evaluation
  • Pendulum Arbitration
  • Dispute Review Boards
  • Good record keeping and notices


UAE (Dubai)
13/6/2021 - 17/6/2021
Euro 2500
UAE (Dubai)
18/7/2021 - 22/7/2021
Euro 2500
UAE (Dubai)
7/11/2021 - 11/11/2021
Euro 2500
Egypt (Cairo)
18/4/2021 - 22/4/2021
Euro 2500
Egypt (Cairo)
19/9/2021 - 23/9/2021
Euro 2500
Egypt (Cairo)
20/6/2021 - 24/6/2021
Euro 2500
Morocco (Casablanca)
17/10/2021 - 21/10/2021
Euro 2500
Jordan (Amman)
24/10/2021 - 28/10/2021
Euro 2500
UK (London)
30/8/2021 - 3/9/2021
Euro 4500
UK (London)
15/3/2021 - 19/3/2021
Euro 4500
UK (London)
27/9/2021 - 1/10/2021
Euro 4500
Egypt (Sharm El-Sheikh)
26/9/2021 - 30/9/2021
Euro 2500
Egypt (Sharm El-Sheikh)
16/5/2021 - 20/5/2021
Euro 2500
Malaysia (Kuala Lumpur)
26/12/2021 - 30/12/2021
Euro 3500
Malaysia (Kuala Lumpur)
9/5/2021 - 13/5/2021
Euro 3500
Turkey (Istanbul)
12/12/2021 - 16/12/2021
Euro 3000
Turkey (Istanbul)
3/10/2021 - 7/10/2021
Euro 3000
Turkey (Istanbul)
18/4/2021 - 22/4/2021
Euro 3000
France (Paris)
30/8/2021 - 3/9/2021
Euro 4500
France (Paris)
29/3/2021 - 2/4/2021
Euro 4500
Switzerland (Geneva)
5/7/2021 - 9/7/2021
Euro 4500
Spain (Barcelona)
19/4/2021 - 23/4/2021
Euro 4500
Spain (Barcelona)
19/7/2021 - 23/7/2021
Euro 4500
Spain (Barcelona)
15/11/2021 - 19/11/2021
Euro 4500
Italy (Rome)
4/10/2021 - 8/10/2021
Euro 4500
Italy (Rome)
26/4/2021 - 30/4/2021
Euro 4500
Manama (Bahrain)
1/8/2021 - 5/8/2021
Euro 2500
Manama (Bahrain)
2/5/2021 - 6/5/2021
Euro 2500
Oman(Muscat)
24/10/2021 - 28/10/2021
Euro 2500
Kuwait (Kuwait)
12/9/2021 - 16/9/2021
Euro 2500
Spain (madrid)
23/8/2021 - 27/8/2021
Euro 4500
Spain (madrid)
29/3/2021 - 2/4/2021
Euro 4500
Singapore (Singapore)
12/4/2021 - 16/4/2021
Euro 4500
USA (Boston)
22/11/2021 - 26/11/2021
Euro 5000
Netherlands (Amsterdam)
18/10/2021 - 22/10/2021
Euro 4500
Canada (Toronto)
21/6/2021 - 25/6/2021
Euro 5000
Germany (Munich)
16/8/2021 - 20/8/2021
Euro 4500
Online
14/3/2021 - 18/3/2021
Euro 1250
Online
18/4/2021 - 22/4/2021
Euro 1250
Online
21/11/2021 - 25/11/2021
Euro 1250
Online
19/9/2021 - 23/9/2021
Euro 1250