An effective contract is the beginning of a positive business relationship and success. It is important to understand the elements of drafting an enforceable commercial contract and the legal issues arising from contractual clauses. Without a clear understanding of the contract law, you may risk suffering a loss in the event of any disputes. This workshop will help participants to identify complex legal issues arising from contractual clauses, understand the implications on the contract and discover how to negotiate clauses which limit liability for contractual claims. Real cases and solutions to deal with common issues and pitfalls in contracts will be discussed.

At the end of the workshop, participants will develop the necessary techniques on how to draft and negotiate contracts.

Workshop Outline

Key Essentials in Drafting Commercial Contracts         a. Protecting legal interest         b. Pitfalls in payment terms         c. Exemption liability clause & limited liability clause         d. Indemnity clause         e. Post Termination Clause Pre-contractual negotiation tactics Insurance and its role when signing contract. Termination of contract Negotiating the settlement process Important consideration before commencing legal action in Breach of Contracts

Programme is accurate at the time of print.

Workshop Leader
Mr David Shanmugam is an Advocate & Solicitor of the Supreme Court of Singapore and has many years of legal experience in the private sector.

He has conducted legal training for the corporate sector on the various practical legal issues faced by the corporate field. His forte is in the field of corporate and commercial drafting of contracts, including company matters.