Commercial Contracts - An Introduction

Course level

Introductory

Delegates

This course will be of benefit to newly qualified and trainee solicitors. However, it will also be useful to practitioners who are new to this area of law.

Overview

The course is an introductory course for those with little or no experience in drafting commercial contracts. The course examines the pitfalls and issues surrounding commercial contracts and recommends best practice for drafting clear contracts.

Topics covered on this course will include

• Legal formalities in contract creation - the purpose of written terms and issues in creating a binding contract
• Best practice: commercial and legal issues affecting drafting
  • Structuring the terms and conditions
  • Letters of intent, agreements to agree and agreements to negotiate
  • The distinction between the different levels of endeavours including best and reasonable endeavours
  • Warranties and indemnities
  • Term, termination and notice provisions