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International Contract Negotiation

Classroom based course with study materials, lecturer support and CPD Hours included


London Training For Excellence

Summary

Price
£3,960 inc VAT
Study method
Online
Duration
5 days · Self-paced
Qualification
No formal qualification
Additional info
  • Tutor is available to students

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Overview

Contract negotiation is the life-blood of commerce and in today’s global business environment it is essential for business managers and company professionals to be able to fully understand the fundamental principals of international contract law when developing the skills to negotiate deals and agreements in the international business environment. This seminar focuses on the development of international business negotiation skills by providing a fundamental understanding of the key aspects of international contract law and the distinctive features of international business negotiation.

Description

Day 1

  • Introduction - How International Contracting Differs from Domestic Contracting
  • Understanding different Legal Systems

Public Law, Private Law and the Constitution
The Families of Law – Civil Law & Common Law

  • What Law applies to an International Contract?

The Contract and the Law
The Applicable Law

Day 2

  • Getting it all started - the Letter of Intent
  • When is an agreement a Contract? The Five Tests
  • What belongs in a Contract
  • The parties to a Contract
  • The Main Provisions of a Contract

Coming into Force
Definitions
The Exchange: Scope and Price
The Exchange – Delivery & Payment Clauses
Settlements of Disputes
The Warranty

  • Letter of Credit
  • Contract drafting – tips and principals

Day 3

  • An introduction to Contract Negotiation – ‘New Car Contract’ Exercise
  • Principles of effective Contract Negotiation – The Six Myths of Negotiation
  • Effective contract negotiation

Preparing for negotiation
Contract “qualification phrases”
Developing strategies
Roles in negotiations
Improving your communication skills
Mapping routes to agreement

Day 4

  • The five distinctive features of International Contract Negotiation

Applicable Law and Multi Jurisdictional Issues
Currency Issues
Governmental Involvement
Political Risk
Cultural & Ideological differences

Day 5

  • Settling Disagreements - Dispute Resolution
  • Contractual “accidents” – default – Force Majeure
  • Re-negotiation – contract adaptation
  • Mediation – conciliation – “mini-trial”
  • Litigation in ordinary courts
  • Arbitration
  • International Business Deals
  • Round up and Discussion Session

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