Risk management using effective legal contract strategies
Do you know how basic contract strategies and clauses can play a major role in minimising, if not eliminating, risk?
Businesses and individuals lose funds every day due to poor contract management strategy and policies. Poorly-negotiated contracts and associated damages sometimes lead to business collapse, not only for large corporations but also small and medium enterprises.
This eight-hour course, held over two days, provides useful insights into effective contract finalisation skills and will help you understand the full extent of the associated contractual risks into which you are entering.
When and where?
8 and 9 December 2021, 13:00 to 17:00 SAST
This course will be held remotely, most likely on Zoom - exact details will be sent to registered participants a few days before the course.
The course offers a smart mix of theoretical legal principles and practical guidelines into finalising various forms of effective agreements and contracts. These agreements or contracts can be across different industries; from the fast moving consumer goods (FMCG) to the telecommunications sectors; from simple goods and services procurement agreements to sophisticated engineering, procurement, construction and installation (EPCI) contracts in the extractive industries.
The course will provide a useful practical guide for contracts conception, planning, contractor/supplier qualifications and negotiations towards not only managing associated contract risks or saving unnecessary costs, but also avoiding needless contract disputes over project delays and cost claims.
The course will cover:
- An overview of contract law
- Risk assessments prior to opening contract negotiations
- Use of contract templates
- Practical implications of specific contractual clauses
- Red flag clauses in contracts across sectors and industries
- Managing taxes, indemnities and liabilities
- Managing contractual milestones and liquidated damages
- Intellectual property control and confidentiality clauses
- Boilerplate clause assumptions and risks
- Proper contract record keeping
- Dispute resolution
Who will benefit from this course?
The course will be suitable for small and medium scale business owners, corporate executives, attorneys, compliance officers, corporate lawyers, procurement officers, contract analysts and specialists, contracts engineers and risk managers, among others.
Dr Nojeem Amodu is a post-doctoral research fellow at the Centre for Comparative Law in Africa (CCLA), Department of Commercial Law of the University of Cape Town (UCT). His PhD thesis on corporate social responsibility and business sustainability won the best PhD thesis in humanities. Nojeem consistently graduated top of his class from his LLB degree at the Lagos State University to the LLM and PhD degrees from the University of Lagos, Nigeria. Dr Amodu is a well-rounded contract specialist with more than 10 years' cumulative experience as both external solicitor and in-house corporate and commercial legal counsel in different multicultural environments and in leading multinational corporations including Dangote Industries Limited.
R2,200 per person
A certificate of attendance from UCT will be issued to those who attend the full course.
How to sign up
Complete and submit the registration form. You will then be given the payment information. Please note that registrations will not be accepted until payment has been made.
One or two days before the course, we will send you the Zoom link. You will need to register and use a password to enter the virtual classroom.
Registrations close three days before the course starts.
Download the brochure.
You may also be interested in: