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90-minute live streaming program
  • December 19
  • 1:00 - 2:30 pm EST

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Tips for Reading Contracts When You're Not a Lawyer

December 19

Get practical tips and tricks for reading and understanding contracts when it’s in lawyer language.

Many contracting professionals who attempt to read contracts meet a challenge. The contract has been written by lawyers, for lawyers and only lawyers seem to understand what the contracts say. This material helps the nonlawyer read the contract with an understanding of the core elements. This includes, identifying the risks and value lying in the contract and understand how to best address them; understanding the motivations behind the author; understanding why certain things are best left in the contract and why it is best to leave some things out; anticipating how requests to change an item will be approached and the likely response; understanding how simple punctuation can become a major issue; and realizing that tracking the requested changes is essential.

Learning Objectives

  • You will be able to recognize the risks and value lying in the contract.
  • You will be able to describe motivations behind the author.
  • You will be able to review why certain things are best left in the contract.
  • You will be able to identify how your request to change an item will be approached and the likely response.

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Why Lorman?

Over 32 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

The Structure of the Document and Knowing Where to Expect to Find Items

The Core Concepts Contained in the Clauses

How to Dive Into the Details Once the Concepts Are Conquered

Checking for Complete, Clear and Consistent Contracts

Why, How and When to Request Changes to the Language

Automation and Tools to Make Your Review Easier

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Why Lorman?

Over 32 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 Webinar

This course was last revised on June 18, 2019.

Call 1-866-352-9540 for further credit information.

  • ISM 1.5
     
  • Participants who successfully complete this program will receive 1.5 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Live Webinar Registration

  • AIPB 1.5
     
  • This program is acceptable for 1.5 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • ISM 1.5
     
  • Participants who successfully complete this program will receive 1.5 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
     
  • CPE 1.8 including Business Law 1.8
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Business Law for 1.8 hours. Prerequisite: basic knowledge of purchasing contracts. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Advisory Services for 1.5 hours.
     

Audio & Reference Manual

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Who should attend?

This live webinar is designed for purchasing and procurement professionals, buyers, material managers, contract administrators, project managers, controllers, accountants and bookkeepers.

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Why Lorman?

Over 32 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

Jim Bergman

Jim Bergman

Commercial Officers Group

  • CEO of Commercial Officers Group, a thought leader on all matters related to commercial contract management
  • Through his in the trenches experience as an attorney and commercial contract management professional, he has delivered over $100 million in negotiated savings and value for money through his contract management support
  • Been involved in numerous research studies on contract management
  • Conducted workshops and webinars on contract management for the benefit of over 10,000 individuals during the past decade
  • Sessions have been delivered to individuals in over 100 countries
  • In addition to being licensed as an attorney in Illinois, Texas and Oklahoma, he has been certified as CCM Practitioner, CCM Advanced Practitioner, and CCM expert in IACCM’s renown Commercial Contract Management certification program
  • Can be contacted at 720-470-9846 or [email protected]
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Why Lorman?

Over 32 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.

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Product ID: 407212
Published 2019
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