Get practical tips and tricks for reading and understanding contracts when it's in lawyer language.
Participants in this unique program will learn techniques for reading and understanding contracts. Actual excerpts from real contracts will be discussed. We will focus on what contracts are and how they are formed, the most important elements of most contracts, and negotiation tips. Also discussed will be how various parts of a contract relate to each other and balance the protections in the contract.
Learning Objectives
- You will be able to recognize the what constitutes a contract as well as the implications of a contract.
- You will be able to recognize how to collect deal information.
- You will be able to identify the big four.
- You will be able to identify key contract protections.
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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
Getting Oriented
- What Is a Contract?
- Written
- Oral
- ShrinkWrap
- ClickWrap
- When Is a Contract Not a Contract?
- What Are the Key Parts of Most Contracts?
- Business V. Legal Points
- Current Trends in Contracting
- How Do I Know When to Call a Lawyer?
Before You Start
- What Is the Deal About?
- What Are the Anticipated Fees?
- Are There Unique Risks?
- Maintaining Negotiation Leverage
- Setting Expectations
- Achievement a "Reasonable" Contract May Not Be Possible
Pre and Post Contract Activities
- Due Diligence
- Vendor Questionnaires
- Audits, Onsite Visits
- Have a Checklist
- What Do You Do First?
The Big Four
- Trial
- Acceptance
- Warranties
- Support
Key Contract Protections
- Know the Most Common Contract Protections
- Discussion of Specific Contract Language and Risks
- Real-Word Contract Examples
Questions/Discussion
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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 reviewed on August 20, 2024.
Call 1-866-352-9540 for further credit information.
- AIPB 1.0
- This program is acceptable for 1.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
- ISM 1.0
- Participants who successfully complete this program will receive 1.0 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/NASBA - QAS Self Study 1.8 including Management Services 1.8
- Noggin Guru, Inc. dba Lorman Education Services and BankersHub is registered with the National Association of State Boards of Accountancy (NASBA) as a QAS Self Study 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: www.nasbaregistry.org. 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: Management Services for 1.8 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: QAS Self Study. Please refer to the information in this advertisement 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.
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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.
Faculty
Yusuf Cassim
Charles Schwab & Co., Inc.
- Was appointed Vice President, Intellectual Property (IP), Licensing and Contracts at Charles Schwab & Co., Inc. in February 1998
- Over 20 years of experience in the intellectual property and technology practice areas
- His practice focuses on counseling clients regarding technology licensing, outsourcing, information security, electronic commerce, intellectual property, mergers and acquisitions due diligence, commercial transactions, and real estate
- Also responsible for Schwab's patent and open source programs and developed Schwab's formal patent risk assessment program, including enhancing Schwab's proactive approach to monitoring potential areas of IP risk
- Works closely with Schwab risk groups and management on risk issues, avoidance, and mitigation; he sits on the following committees and advisory groups at Schwab: the Information Security and Privacy Subcommittee and the Vendor Management Subcommittee
- Writes and speaks frequently on legal issues of doing business on the Internet, technology in the workplace and open source
- Participates in technology industry groups in the financial services industry
- Admitted to practice law in South Africa and California
- Member the Intellectual Property Law section of the American Bar Association and the Intellectual Property Law section of the California Bar
- J.S.M. (LL.M.) degree, Stanford University, School of Law; J.D. degree, UCLA School of Law
Michael R. Overly, Esq.
Foley & Lardner LLP
- Partner with Foley & Lardner LLP
- Focuses on drafting and negotiating technology-related agreements, software licenses, hardware acquisition, development, disaster recovery, outsourcing agreements, information security agreements, e-commerce agreements, and technology use policies
- Published numerous articles and books in the United States, Europe, Korea, and Japan
- Interviewed by a wide variety of print and broadcast media (e.g., The New York Times, Los Angeles Times, Business 2.0, Newsweek, ABCNEWS.com, CNN, and MSNBC) as a nationally recognized expert on technology and security-related matters
- Conducts seminars in the United States, Norway, Japan, and Malaysia and has testified before the U.S. Congress regarding online issues
- One of the few practicing lawyers who have satisfied the rigorous requirements necessary to obtain the Certified Information System Auditor (CISA), Certified Information Privacy Professional (CIPP), Certified Information Systems Security Professional (CISSP), Information Systems Security Management Professional (ISSMP), and Certified Risk and Information System Controls (CRISC) certifications
- Previously recognized by The Legal 500 for his information technology work in the U.S. and by Chambers USA for his IT and outsourcing work
- Selected for inclusion in the Southern California Super Lawyers® list and was honored by Los Angeles magazine for this recognition
- Can be contacted at 213-972-4533 or [email protected]
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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.
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