Essential guide to commercial contracts
- Start Any Time
- Interactive
- Start from $599.00
- ID074_PSKA
Bundle Overview
A carefully drafted contract must be precise, comprehensive, free of contradictions, grammatically accurate and have clear legal interpretation. It’ is a crucial skill that every lawyer must acquire.
This bundle of step-by-step guides will build your capabilities across four essential – and practical – modules. You’ll learn:
- How to prepare and draft clear and concise affidavits
- How to draft commercial contracts
- The essentials you need to unpack commercial contracts
- How to draft and understand indemnity clauses
You may be an early-career lawyer wanting to build foundational knowledge. Or perhaps you’re a senior lawyer looking to test and sharpen your expertise.
Either way, you’ll walk away with practical skills to support your clients with care and precision.
INCLUDED COURSES
Termination rights can offer significant advantages for commercial parties. However, wrongfully terminating a contract can also have disastrous consequences and expose a party to major risk. Knowing how and when a party should exercise its termination rights and drafting termination clauses for inclusion in agreements are important skills for a commercial lawyer.
At the end of this course, you’ll be able to:
- define key termination of contract concepts
- identify drafting issues in a termination of contract clause
- recognise errors in a Notice of Termination of Contract, and
- draft a Notice of Termination of Contract.
You’ll learn and refine skills that you need to succeed in commercial law practice.
The course contains content that falls within the mandatory CPD categories of Professional Skills and Substantive Law.
Course Structure
- Termination of contract key concepts
- Drafting and advising on termination of contract clauses
- Default of contract
- Exercising termination rights
Indemnity clauses play an important role in managing the risks associated with commercial transactions by protecting against the effects of an act, a contractual default or another party’s negligence. Special care should be taken when drafting an indemnity clause, so its resulting interpretation and operation is not contrary to what the parties intended. This course will focus on reducing and managing risk for your client through the drafting and negotiation of contractual clauses with a particular focus on indemnities given their importance to risk allocation.
At the end of this course, you’ll be able to:
- Explain the elements of a well drafted risk allocation clause
- Distinguish between a representation and a warranty
- Determine areas of risk in a practical scenario
- Identify drafting errors in an indemnity clause
You will refine the skills you need as a commercial lawyer to better translate your client’s objectives into clear and operational contractual terms.
The course contains content that falls within the mandatory CPD categories of Professional Skills and Substantive Law.
Course Structure
- Overview of contractual risk sharing tools
- Damages
- Indemnity clauses
- Contractual risk allocation: the business context
Want to delve even deeper into commercial contracts?
This course will step you through the critical stages of a commercial contract. As you progress, you’ll unpack a practical scenario to examine the theory in action.
You’ll gain practical skills to guide your clients with confidence through establishing a commercial contract. And you’ll learn about essential considerations along the way – from pre-formation through to contract termination.
At the end of this course you’ll be able to:
- Summarise legal principles that govern the formation of contracts
- Draft Heads of Terms that reflect client commercial objectives
- Translate client instructions into readable commercial contracts
- Explain how contracts can be terminated
The course contains content that falls within the mandatory CPD category of Professional Skills.
Course Structure
- Planning the transaction
- Preliminary agreements
- Structure and terms of commercial contracts
- Critical contractual clauses
Poorly structured commercial documents are not only difficult to decipher – they can mislead your readers and lead to costly errors.
As a result, legal drafting is perhaps your most important legal communication tool.
To draft well is to think well and communicate clearly with your clients, judicial officers and opposing parties.
This course will equip you with the skills to draft legal documents that precisely state the legal issue, statements of the client and any remedies sought.
At the end of this course you’ll be able to:
- Apply the critical features of clear document drafting
- Recognise the power of punctuation on meaning and interpretation
- Summarise the stages of drafting
- Reflect on inappropriate document structures
- Draft clear clauses
You’ll learn how to avoid confusing your readers and ensure your commercial documents are precise and well-communicated.
The course contains content that falls within the mandatory CPD category of Professional Skills.
Course Structure
- Interpretation of contracts
- Features of clear drafting
- Pre-drafting considerations
- Drafting the contract
Amazing, thorough, easy to understand. Great resources.
On-demand CPD Learner
I enjoyed how it was set out, the reading material is very good. Very helpful and informative.
On-demand CPD Learner
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Unpacking commercial contracts: Skills series
Termination of contracts: Practice guide
Buying and selling business assets: Step-by-step guide
FREQUENTLY ASKED QUESTIONS
This bundle will benefit:
- Lawyers wanting to build practical foundational knowledge and skills
- Established lawyers looking to move into this area of law or who do occasional work in this area
- Senior lawyers looking to confirm their knowledge and stay up to date
- Paralegals, clerks and administrative staff wanting to upskill
With our online on-demand interactive courses, you can learn when and where it suits you. We’ve designed each course to have both practical learning outcomes and be easy to navigate.
Each course offers a mix of engaging exercises, where you’ll gain access to:
- Interactive activities to challenge your understanding and put your knowledge to the test. You’ll also enjoy engaging exercises, such as flip cards, quizzes and drafting activities.
- Clearly identified outcomes so you know precisely what you’ll learn – and the skills you’ll gain. You’ll also be able to track your development and focus on key improvement areas.
- Extended course access so you can reference the material as you need – or revisit it should life get in the way.
- Feedback and template answers so you can refine your skills, grow your knowledge and gain fresh insights.
Each on-demand bundle contains four in-depth learning resources so you can boost your essential knowledge and skills across a practice area – more affordably.
With a bundle, you’ll earn eight CPD points, while saving 40% on the single courses.
Go in-depth as you comprehensively explore a specific practice area. Learn interactively across engaging formats like step-by-step guides, practice guides and skill series. And gain helpful learning resources you can reference when you encounter similar situations in practice.
Access each module on the College’s learning portal. When you buy a single, you’ll have 24/7 unlimited access for 12-months from the date of purchase.
Does this educational activity extend your knowledge and skills in areas that are relevant to your practice needs or professional development?
If so, and you’re not a WA practitioner, you should claim 1 unit for each hour of participation, not including breaks.
Please check your local CPD rules for any caps on activity types, such as the private study of non-interactive audio/visual materials. You are responsible for keeping your own CPD records and complying with your local CPD rules.
No. Western Australian practitioners who complete our on-demand courses are currently unable to claim CPD points.
However, you may earn CPD points by attending select live CPD events or by completing select CPD Interactive modules.
Yes, if your organisation has multiple employees looking to enrol in any of the College of Law’s courses, please contact us to discuss the corporate rates available.
A digital subscription is our most popular option for firms, with pricing designed to accommodate teams of various sizes:
- For teams of 2 to 5 users, total cost: $1,399 per year. Enjoy savings of $1,096 using code FLEX5 when purchasing at the checkout
- For teams of 6 to 10 users, total cost: $1,799 per year. Unlock savings of $3,191 using code FLEX10 when purchasing at the checkout
- For teams of 10 or more users, please contact us directly for personalised pricing tailored to your organisation's needs
You can also learn more here.
