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Basic Legal Contract Concepts - 101 Training™ (Standard)
Leverage the power of contract basics
The Problem
Your team and internal clients need a better understanding of contract fundamentals.
Related challenges include:
- you have a high volume, contract review requirement
- not everyone on the contract team has had legal training
- your legal team receives too many “basic” legal questions
- greater awareness of contract law basis would drive safer contracting
- sending your team for external training is too expensive
- finding a really practical training solution has been difficult
Wouldn’t it be great if you could access affordable, practical and effective contract training?
The GLS Solution
Basic Legal Contract Concepts - 101 Training™ is delivered by senior / executive-level former in-house lawyers to provide an informative and easy-to-digest overview of contract fundamentals.
Each of our informative and interactive training modules is designed to engage and develop your in-house / client team to achieve a better performance output when working with contracts.
Each 90-minute training module comprises:
- An interactive and engaging presentation
- Accompanying slides
- Case studies
- Working sessions
- Q&A
- Recordable (subject to small additional charge)
This solution gives a general overview of how contracts are constituted and operate, and teaches the “Top 5” issues to be addressed in contract negotiations, together with tools and working practices of how to reconcile those issues.
Problem Solved.
Solution Deliverables
| 90min Session: | 90 Minute session delivered via videoconference to users located anywhere in the world. GLS uses Teams at its preferred platform but can work with any other vid conf platform if needed |
| Key Issue Focus: | Coverage of all the main issues of legal import that frequently arise in practice around this topic |
| Behaviour Focused: | The session focuses on conveying “information application” techniques that will drive the right behavioral approach by your team to this subject - a more effective strategy than “wrote memorization” |
| Pre-Session Materials: | A session teaser for your compliance team to circulate to proposed attendees, in order to introduce the session and kick start “issue” receptivity (Support Materials). |
| Supporting Slides: | A vibrant slide deck outlining the subject key issues – these will be branded in your livery if requested and can be made available digitally |
| Subject Matter Expert: | The session is led by subject matter experts who have been advising on this topic for clients globally |
| Q&A: | An interactive Q&A session to address queries from the workplace |
| Takeaway Materials: | Takeaway checklist for your team to pin to their desks, in order to reinforce the message of the session and drive compliance practices (Support Materials) |
| Online Audit: | An online audit for you to test audience retention 1 month after the session (Support Materials) |
| Digital Rights Available: | If you want the digital rights for the presentation - select the relevant tier |
Solution SLA Options and US$ Pricing
| Column one | Column two | Column three | Column four | Column five |
|---|---|---|---|---|
| DELIVERABLES | Basic | Standard | Advanced | Complete |
| Pre-Session Materials | ✓ | ✓ | ✓ | ✓ |
| Standard Training Modules | ✓ | ✓ | ✓ | ✓ |
| Digital Rights | ✓ | ✓ | ✓ | |
| Takeaway Materials (Slides/Checklists) | ✓ | ✓ | ||
| Online Follow Up Test | ✓ | |||
| Price (excl. VAT) | $1,499 | $2,499 | $2,999 | $3,499 |
Pricing Comparison
| Big Law Review | US Rate | GLS Cost | Minutes |
|---|---|---|---|
| Partner | $850 | $1,499 | 1h 42m |
| Senior Associate | $640 | $1,499 | 2h 20m |
| Blended Rate | $520 | $1,499 | 2h 53m |
| Associate | $480 | $1,499 | 3h 06m |
| Junior Associate | $420 | $1,499 | 3h 34m |
GLS RPLV Legal Operations Score
This solution’s GLS RPLV impact score:
| Resource Status: | Specialist | Repeater | Formative |
| Ease of Implementation: | Complex | Average | Easy |
| Value Demonstration/Visibility: | Low | Medium | High |
| Productivity Leverage Profile: | Low | Medium | High |
| IHL Line Optimisation: | Single | Multiple | All Lines |
IHL Critical Function Optimisation Targets
This solution enhances performance across the following critical in-house functions:
In-House Legal: Critical Functions / Processes
Compliance
Human Capital
Knowledge
Internal Client
GLS has identified 15 critical in-house processes/functions that are present in every world-class legal department. To learn what these functions are, their composition and how they interrelate to deliver efficient legal team performance outcomes - visit here.
