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Anatomy of a Contract - 101 Training™ (Standard)
Understand the key elements of a contract
The Problem
Your business teams need to better understand the basic building blocks of your contracts
Related challenges include:
- greater awareness of what makes up your contracts would drive safer contracting
- you want to improve the efficiency and standards of your contracting
- your team has to review a very large volume of contracts
- sending your team for external training is too expensive
- finding really practical/useful training is a challenge
- DIY training is extremely time intensive
- hearing from subject matter experts is more authoritative
Wouldn't it be great if you could access a powerful “on demand” training session to help your team overcome these challenges?
The GLS Solution
Anatomy of a Contract - 101 Training™ (Standard) is a training module to help your workplace understand the basic anatomy of a “contract” and the associated legal concepts.
This training module covers:
- What are the key components of your commercial contracts
- How should “legal risk” be allocated between Parties
- How to best approach the negotiation of the key elements of your contracts
- Case studies
All our training modules combine practical, efficiency-based content with highly interactive and engaging delivery methodologies designed to improve memory retention.
Each training module will be delivered by genuine experts in their field, in a way and at a time that is convenient to your team.
This GLS training module affords you the opportunity to ensure that you are delivering high quality training to your teams in an extremely professional fashion whilst allowing you to remain focused on your client facing priorities.
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
Contracting
Compliance
Knowledge
IP
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.
