Why Attend
This course is designed for professionals with no prior legal background but who are required to make organizational decisions involving legal matters. It will provide participants with the fundamental principles of commercial law, including commercial contracts and negotiation, sale of goods, intellectual property rights and employee relations.
Participants will gain an in-depth understanding of both international and europian commercial law and have the opportunity to learn and analyze key issues which they are likely to encounter within their organization.
Course Methodology
In this interactive training course participants will frequently work in pairs as well as in larger groups to complete exercises as well as regional and international case studies.
Course Objectives
By the end of the course, participants will be able to:
Apply legal rules and principles to specific commercial situations through consideration of relevant case law
Draft and negotiate commercial contracts complying with commercial and legal requirements
Increase profitability within their organization by selecting appropriate methods of distribution of goods
Recognize and analyze how intellectual property rights affect their organization
Evaluate and modify organizational employment practices complying with labor law requirements
Target Audience
This course is suitable for those with little or no formal training in commercial law yet would be required to understand the fundamentals of commercial law as it may directly impact their work. It will particularly benefit directors and executives who have direct responsibility for legal decisions within the organization. In-house council new to the region, and those working within a legal department, will also find this course highly beneficial.
Target Competencies
Drafting Contracts
Contract Negotiation
Understanding Commercial Terms
Understanding Employment Law
Implementing Organizational Employment Practices
Understanding Intellectual Property
Course Outline
Commercial Law overview
Terminology used in commercial law
Types of contracts
Legal considerations
Commercial contracts
Common law
Civil law
The legal formalities in contract creation
Commercial contract interpretation issues
Remedies for breach of contract
Drafting contracts
Drafting commercial contracts in English
Negotiating commercial contracts
Boilerplate clauses: The important but forgotten clauses
Amendment
Arbitration
Force majeure
Notices
Set off
Sale of Goods
Supply of goods
Distributorship
Agency
Franchise
Choosing the right business vehicle for a commercial entity
When to use mergers
Joint ventures: A strategic option for business
Procurement activities
Legal risk
Commercial risk
Managing risk
Prevention is better than cure: Effective risk management
Intellectual property rights management
Applying copyright
Applying trademarks
Industrial property