Gain a better understanding of the key nonprofit contract provisions to help identify, mitigate, and eliminate risks.
Contracts can be intimidating, yet they are a necessary part of every not-for-profit. After attending this course, you will gain confidence in your ability to streamline and understand the nuances of contractual relationships. Many organizations see value in working with other organizations, but they are wary of doing so due to contracts, formalities, etc. How can an organization change a contract after it has been executed? This course will help the persons responsible for the operation of organizations to recognize the need for and utilize contracts, current and future, to build relationships and increase the outcomes for the organizations. This material will walk through the process and cover the dos and don'ts. This course is critical for high-level employees to utilize this often misunderstood but powerful tool.
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Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
What Is a Contract?
- Series of Promises
- What Is Consideration?
- Who Are the Parties to a Contract?
Reasons for a Contract
- Relationship Building
- Initiating a Process
- Commitment
- Professionalism
Who Can/Should Prepare a Proper Contract?
- A Lawyer?
- You?
- Your Staff?
Problems With Poorly Drafted Contracts
- No Measurable Metrics
- No Hard Time Periods
- Not Specific Enough
- Terms Implied by Law
Changing and Breaching Contracts
- ESIGC - Electronic Signatures in Global Commerce
- Periodic Review
- Good Rapport Is Critical
- Timing
- Measure of Damages
- War Stories
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Credit
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Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on June 7, 2022.
Call 1-866-352-9540 for further credit information.
- AK CLE 1.5
- Alaska attorneys may receive 1.5 hours of continuing legal education for completing this program. Please contact the Alaska Bar Association or go to www.alaskabar.org for details regarding reciprocity with other states.
- AL CLE 1.4
- This course or a portion thereof has been approved by the Alabama State Mandatory Continuing Legal Education Commission for a maximum of 1.4 hours credit.
- Arizona CLE 1.5
- The Arizona State Bar does not pre-approve or pre-certify MCLE programs. However, records of this program and attendance will be maintained by Lorman Education Services for auditing purposes. This activity may qualify for up to 1.5 hours toward your annual CLE requirement for the State Bar of Arizona.
- CA MCLE 1.5
- Lorman Education Services is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
- CT CLE 1.0
- Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.0 CLE credit(s).
- GA CLE 1.0
- This program has been approved by the Georgia Commission on Continuing Lawyer Competency for 1.0 CLE hours.
- MO CLE 1.8
- This course qualifies for self-study CLE credit in Missouri.
- NM CLE 1.3
- This program has been approved by the New Mexico Minimum Continuing Legal Education Board for 1.3 hours of credit.
- VT CLE 1.5
- This self-study program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.5 hour(s) of CLE credit. Please note: Attorneys may only claim 12 credits per compliance period in this format. This course is considered "Non-Moderated Programming without Interactivity".
- WA CLE 1.5
- This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of A/V credit under the Law & Legal Procedure category.
To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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More Program Information
Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Samuel J. Erkonen
Howe & Hutton, Ltd.
- Practices on a wide variety of matters with a focus on not-for-profit law
- Admitted to and has practiced in the U.S. District Courts of New York (all four districts), California, Illinois, Florida, District of Columbia, Colorado, and Oregon
- Frequent speaker for a large variety of audiences in the hospitality and not-for-profit industries including regularly giving educational presentations for the U.S. Chamber of Commerce at its Institute for Organization Management
- Past chairman of the Trade and Professional Association Committee of the Chicago Bar Association and recently served on its prestigious Nominating Committee
- J.D. Degree; LL.M. Degree in taxation, Washington University School of Law in St. Louis; B.B.A. Degree in finance, University of Iowa
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Credit
More Program Information
Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- OnDemand Courses
- Live Webinars
- MP3 Downloads
- Course Manuals
- Executive Reports
- White Papers and Articles
Additional benefits include:
- State Specific Credit Tracker
- All-Access Pass Course Concierge
Questions? Call 877-296-2169 to speak with a real person.
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