
Understanding Drafting and Negotiating Contracts - Khubar 20 April 2025
: 26Course Objectives:
Second: General Objectives of the Course
✅ Enable participants to understand fundamental contract concepts.
✅ Equip them with the skills to draft contracts accurately and legally.
✅ Enhance their ability to negotiate effectively for better contract terms.
✅ Introduce methods for managing contractual risks and minimizing disputes.
✅ Provide practical tools for reviewing contracts and identifying legal loopholes.
Scientific Themes:
Topics and Objectives of the "Understanding, Drafting, and Negotiating Contracts" Course
First: Main Topics
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Introduction to Contracts
- The concept and legal importance of contracts.
- Different types and forms of contracts.
- Fundamental principles in commercial and civil contracts.
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Contract Drafting Essentials
- Key elements of a contract (parties, subject, price, terms).
- Proper legal drafting to ensure clarity of obligations.
- Defining responsibilities and legal risks.
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Contract Negotiation
- Effective negotiation strategies.
- Handling complex contractual terms.
- Case studies on negotiation skills.
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Key Contractual Terms
- Penalty clauses and performance guarantees.
- Force majeure clauses and their impact on contract execution.
- Rights and obligations of parties under the law.
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Risk Management in Contracts
- Analyzing legal and commercial risks.
- How to include terms that protect both parties.
- Dispute resolution methods (arbitration, mediation, litigation).
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Case Studies and Practical Exercises
- Analyzing real contracts and identifying legal errors.
- Simulating a contract negotiation process.
- Drafting a comprehensive contract.