If the COVID-19 pandemic has taught us anything, it is that unknown, unexpected and undesirable risks can change our world and blow our business strategy off track. Medical professionals use face masks, gloves, gowns and other personal protective equipment (PPE) to reduce the risks of catching the virus. And the search for vaccines and treatments to prevent infection or to facilitate recovery is attracting enormous global focus.
In the world of commercial transactions, contracts can also become infected by unknown, unexpected, and undesirable risks. They can be negatively impacted by poorly performing contractors, unexpected disasters, defaulting debtors, and other toxic events. So, what is the contractual equivalent of PPE? What are the legal and business protections we can put in place in our contracts that limit the risks - or provide us the means of a speedy recovery if our agreements go bad?
This OXFORD 5-day online training course on Contract Risk Management and Compliance adopts a fresh approach to the management of contract risks, considering the many negative possibilities that can afflict commercial transactions. The training course is relevant to legal agreements from many industries, including construction, oil and gas, Petro-chemicals, utility services as well as contracts for the provision of materials, works and services.