Realistic Contract Management: Clause Study! (Force Majeure)
What you'll learn
- This course is not intended to replace necessary legal advice. However it will help you to :-
- (1) Identify the meaning and usefulness of the Force Majeure clause;
- (2) Edit a Force Majeure clause in a practical way; and
- (3) Test your knowledge through quizzes & a practice edit.
- At the end of this course, you will be able to negotiate a Force Majeure clause by presenting relevant edits/amendments.
- NEW! Nov 2021 Update: a new resource has been added to Lecture 6.- a simplistic termination clause (downloadable sample!)
- Beginner course. No legal knowledge, no legal training, no legal experience is necessary.
- However, you should be able to read and understand the written English language fairly well.
- It would be great if you have come across a Force Majeure clause because you can then use it as a reference. However, it is not strictly necessary.
*New! Nov 2021 Update: A sample termination clause has been uploaded to show you how a separate (simple) Termination clause is sometimes linked to a Force Majeure clause (when the Force Majeure clause by itself has not specified termination as a consequence). This is also innovative. The need for consequences is covered in the lecture <Possible Issues in Force Majeure Clauses (II)>.
Every contract contains a set of standard clauses commonly called "boiler-plate" clauses. These are tucked away towards the end of any properly drafted English contract. Have you looked at these last couple of clauses & wondered what they mean? "Boiler-plate" clauses are often overlooked or not negotiated. Some of them are straightforward, however, some, like the Force Majeure clause, cover important matters and can present issues if not negotiated appropriately.
This course will help you to understand then edit/negotiate a force majeure clause in a practical way, and help you take a glimpse into how lawyers think through Force Majeure clauses. You won't become a lawyer after this short course, but you might start to sound a little like one! (And note: this course does not constitute legal advice).
Come prepared to tackle self-assessment quizzes, and to learn some words and phrases which you can use to better safeguard your own interests. By the end of this course, you will be able to negotiate a Force Majeure clause by presenting relevant edits/amendments !
Who this course is for:
- Any employee from any industry who is required to review a contract (either with/without legal help) and needs to understand the potential issues and edits relating to the Force Majeure clause.
- Any business owner / freelancer who knows how to vet the main body of the contract but has seldom looked over the boiler-plate (miscellaneous) clauses.
- Any contract negotiator / legal personnel who has neglected reviewing boiler-plate (miscellaneous) clauses.
- This course is NOT for experienced contract negotiators or legal personnel, who are confident about reviewing boiler-plate clauses.
L.L.M. Master of Laws (Distinction); founder of Careers & Consult LLP
More than 20 years experience as a corporate legal counsel and consultant, having worked for multi national corporations (in regional positions), government organizations and private listed companies. Experienced in a wide variety of commercial contracts, compliance work and policy development (at director level). Taught at universities as an adjunct.