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Description

Everyday, businesses use contracts to memorialize the terms of a business transaction and manage risk. Yet many professionals and managers never learn even the basics of business contracts. In this course you will learn business contracts from an attorney and business owner who worked in-house managing business contracts for one of America's largest companies. You will learn:
How to immediately use business contracts as tools to manage risk
How to draft key clauses and provisions for your business contracts
How to spot and remove or reduce unnecessary risk in business contracts
How to negotiate business contracts
Specific contract clauses you can use immediately in your business contracts
Talking points for negotiating business contracts
Learn from an attorney turned entrepreneur and former member of the U.S. Commercial Contracting Team at General Electric.
When you complete this course, you will be able to:
Speak more confidently about commercial contracts and risk management
Negotiate contracts
Understand business lawyers better
Review contracts more quickly and with greater skill
Manage company and personal liability better
When you complete this course, not only will you sound more knowledgeable about business contracts and business law when you speak to others, you will truly have a better understanding of risk management, specific contract clauses, liability, and ultimately what makes a good contract.
Who this course is for:
From Beginners to contract paralegals and attorneys unfamiliar with commercial contracts. Anyone with curiosity. This course is useful for everyone, including English as a Second Language learners.

What you'll learn

How to draft business contracts to protect yourself and your business

How to understand contracts as risk management tools

How to win at negotiations

How to avoid costly and uncertain litigation

Learn the FAILS test and apply to every contract immediately and forever

How to Manage Risk in Commercial Transactions

Requirements

  • You will need a copy of Adobe XD 2019 or above. A free trial can be downloaded from Adobe.
  • No previous design experience is needed.
  • No previous Adobe XD skills are needed.

Course Content

27 sections • 95 lectures
Expand All Sections
1-Introduction
6
1.1-Welcome!
1.2-About Me
1.3-Contracts, Generally
1.4-Legal Vocabulary Everyone Must Know
1.5-A Sample Clause to Start Learning Now
1.6-A Contract Clause That Will Always Fail
2-Basics of Employment Contracts
6
2.1-Employee vs Contractor
2.2-Control Trumps Labels
2.3-Let's Look at a Contract
2.4-Non-Compete Agreements
2.5-Non-Solicitation Clauses
2.6-Non-Disclosure Agreements (NDAs)
3-Business Contracts
4
3.1-Types of Contracts--an Introduction
3.2-General Contract Structure
3.3-Making Changes to a Signed Contract
3.4-Let's Look at a Contract
4-FAILS Test--How to Quickly Analyze Every Contract for Risk
6
4.1-FAILS Test
4.2-Force Majeure
4.3-Arbitration and Dispute Resolution
4.4-Indemnification
4.5-Limitation of Liability
4.6-Scope
5-More Clauses and Explanations You Can Use Immediately
3
5.1-Sample Clause: Termination
5.2-Sample Clause: Time Is of the Essence
5.3-Sample Clause: Counterparts and E-signature
6-Conclusion
1
6.1-Final Thoughts