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Reviewing Contract Key Terms and Conditions

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This 2-day program teaches legal counsels and non-legal professionals how to effectively review, analyse, draft, and re-draft key contract terms and conditions; how to eliminate ambiguities and avoid the risks of misunderstandings and conflicts; how to deconstruct complex contract clauses and extract the core business elements. Originally presented by Eric R. Pesik at Clariden Global Leadership Institute Executive Education

Published in: Law

Reviewing Contract Key Terms and Conditions

  1. 1. Reviewing Contract Key Terms and Conditions: Improving Contract Terms, Mitigating Risks, and Eliminating Ambiguities
  2. 2. Contract Lifecycle
  3. 3. Understanding Contract English
  4. 4. Uncertainty in Contract Language
  5. 5. Low Risk vs High Risk Contract Layout
  6. 6. Reviewing Core Commercial Terms
  7. 7. Identifying Sources of Risk
  8. 8. Breach of Contract
  9. 9. Day 1 Review and Recap
  10. 10. Day 2 Agenda
  11. 11. Contract Remedies
  12. 12. Risk Allocation and Mitigation
  13. 13. Anticipating Changes
  14. 14. Other Risk Transfer Strategies
  15. 15. The “Reasonable Efforts” Standard
  16. 16. Materiality and “Material Adverse Changes”
  17. 17. General Conventions
  18. 18. Day 2 Review and Recap
  19. 19. Further Reading • A Manual of Style for Contract Drafting, Ken Adams http://www.adamsdrafting.com/writing/mscd/ • Adams on Contract Drafting Blog, Ken Adams http://www.adamsdrafting.com/blog/ • Black's Law Dictionary, Bryan A. Garner https://www.amazon.com/Blacks-Law-Dictionary-Standard-Ninth/dp/0314199497 • Advanced Legal Drafting, Bryan A. Garner, LawProse https://lawprose.org/cle_seminars/advanced_legal_drafting.php • HBR Guide to Better Business Writing, Bryan A. Garner, Harvard Business Review Press https://hbr.org/product/hbr-guide-to-better-business-writing/an/10946-PBK-ENG • English Law of Liquidated Damages and Penalty, Lexology http://www.lexology.com/library/detail.aspx?g=ea8c9ddbc2da401d886cc807ce38fcf1 • Principles of Contract Interpretation: Interpreting Collective Bargaining Agreements, Jay E. Grenig, Marquette University Law School http://scholarship.law.marquette.edu/facpub • A Guide to Contract Interpretation, Vincent R. Martorana, Reed Smith https://www.reedsmith.com/A-Guide-to-Contract-Interpretation-07-01-2014/ • Good Practice in Writing Contracts, CIPS Knowledge Works https://www.kbresearch.com/cips-files/Writing%20Contracts.pdf • Ten Pitfalls to Avoid In Contracting, International Association for Contract & Commercial Management https://www2.iaccm.com/resources/?id=8976 • Drafting or Reviewing a Commercial Contract, Practical Law http://us.practicallaw.com/resource/2-531-1345 • General Contract Drafting Principles, WeAgree http://www.weagree.com/free-ebooks • Legal Writing 201, 30 Suggestions to Improve Readability or How to Write for Judges, not like Judges, Judge Mark P. Painter, Ohio First District Court of Appeals http://www.plainlanguagenetwork.org/Legal/legalwriting.pdf
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