Essential Contract Law For Non-Legal Professionals



Overview

Everyday, contracts are being drafted and used by everyone in their daily work and lives. Yet, their legal consequences are rarely well understood which may give rise to unnecessary and often costly disputes.

This workshop enables participants to :
1. gain a better understanding of fundamental contract law principles and recognise when a contract is formed and binding
2. interpret the terms of a contract and understanding your legal obligations
3. recognise when a contract may be terminated due to the parties' conduct or operation of law
4. understand the various mechanisms for resolving a contractual dispute
5. learn how to deal with the potential pitfalls and risks when dealing with contracts

Course Outline

1. Pre-contractual documents
2. Essential elements for a valid contract
3. Certainty and completeness
4. Critical terms of a contract
5. Common mistakes
6. Misrepresentation
7. Duress and undue influence
8. Illegality
9. Restrictive convenants
10. Performance and breach of contract
11. Frustration
12. Termination of Contract
13. Damages
14. Resolving disputes

Learning Objectives

This workshop focuses on understanding and evaluating contractual principles which will be critical throughout the life cycle of a contract - from formation up to termination. Not only will the participants be able to better understand the underlying principles governing a contract, they will learn how these principles relate to their everyday lives. Common myths which may lead to commercial disputes will also be addressed and dispelled. Real life cases and scenarios will also be shared to allow participants to better understand the commercial issues better.

Who Should Attend 

Managers/executives who would like to improve on their negotiation and contract evaluation skills 

Trainer Profile



Kala Anandarajah, PBM
Head (Competition & Antitrust and Trade), Rajah & Tann Singapore LLP

Described as “super switched-on” by Who’s Who Legal 2018, and one with “very wide vision” by Chambers Asia Pacific 2017. Asian Legal Business – SEA Law Awards Nominee 2017. Commended External Counsel of the Year 2016 by the Inhouse Community. Awarded Best Lawyer in Competition & Antitrust in Singapore by Best Lawyers 2015. Cited as Top 100 Women in Antitrust in the World by the Global Competition Review 2013. Winner of Euromoney Legal Media Group Asia Women in Business Law Awards 2014 AND 2015.

Kala heads the Competition & Antitrust and Trade Practice and leads the Corporate Governance Practice. On Employment Law, described as “responsive, helpful and commercial” by The Legal 500 Asia Pacific, Kala advises a number of multinational corporations on a regular basis in relation to their employment concerns, including employment agreements, executive  compensation benefits payable, including options of differing forms such as ESOPs and LTIPs, termination and termination benefits, non-compete, restraints, implementing and reviewing employment handbooks and manuals, employment transfer issues, whistleblowing policies and implementation and more.  Her team also coordinates employment law advice across the region for clients frequently.  Kala has been cited as a leading Employment & Labour lawyer by international peer review legal ranking journals. 



Alvin Tan, Juris Doctor in Law 
Bachelor of Business Management, Singapore Management University (SMU), Rajah & Tann Singapore LLP

As part of the Competition & Antitrust and Trade Practice, Alvin's main areas of practice include advising on competition-related matters, including compliance and training to in-house counsel. Alvin has assisted clients on a wide range of corporate commercial matters.




Phang Hwee Guang
 
Bachelor of Laws & Bachelor of Social Sciences, National University of Singapore (NUS), Rajah & Tann Singapore LLP

Hwee Guang started his career in commercial disputes and assisted with several matters in the High Court and Court of Appeal, including the first ever suit before the Singapore International Commercial Court involving claims amounting to over S$1 billion. He also advises clients on contractual matters, including drafting, negotiation and resolving disputes. He also conducts regular training on contract law for non-legal professionals