Negotiating and Drafting Contracts

Negotiating and Drafting Contracts


Welcome to Lawshelf’s video course on negotiating and drafting contracts. In this course, we’ll go through the process of bringing an initial tentative agreement through the final stages of a complex binding contract. Some knowledge of contract law is helpful to understanding this course, but the materials are presented at a level that is accessible to the layperson.

We will first look at the preliminary agreement, including discussions of the parties, due diligence, terms and offer sheets that constitute the first series of steps in the contract formation process.

We will then turn to the negotiating process. We will focus on legal rules that define the parameters of negotiation, but also at practical considerations that define the negotiation process and that set negotiations of different deals apart from each other.

We will then look into common contract provisions themselves. For each provision, will first discuss its background and purpose and look at the circumstances under which each party is likely to support such provision. Then, we will present samples of each provision. The text of each sample is made available for your study or use.

The goal of this program is to familiarize you with contract provisions in the process of creating a binding agreement. Other courses will cover the laws that relate to contract formation, breach and remedies.

Best of luck and we welcome your feedback.

What is a video-course?

A LawShelf video-course is an in-depth series of presentations on a discreet legal topic. LawShelf video-courses focus on practical legal information and applications and are each designed to familiarize the viewer with a legal topic quickly and efficiently.

Who should take a video-course?

Our video courses are designed for professionals such as attorneys, paralegals, corporate officers and financial professionals, as well as laypeople looking to deepen their knowledge of particular areas of law. The courses allow you to acquire the specific knowledge and skills that you need without the expense and time commitment of going “back to school” for a degree. 

How do I learn?

Video courses are divided into 5 or 6 modules.  Each module contains a video lesson (usually about 15 minutes long) and a series of self-test questions that you can use to practice and make sure that you understand the material.

How do I complete a video-course?

To complete a video-course, you must pass a 10-question multiple-choice examination by scoring 70% or higher.  The questions on the exam are randomly selected from the self-test question sets for the various modules. You can retake an exam as many times as you need to, though you will not get the same questions each time since the questions are drawn from an exam bank.

How long will it take me to complete a video-course?

Between watching the modules, doing the self-test practice questions, reviewing the material and taking the final exam, we estimate that completing a video-course requires a time investment of 4-5 hours.  The courses are designed to get straight to the point. We’re cognizant that your time is valuable, and we condense the information you need to know to comprehensively cover a subject into as little time as practical.

Is there limit to how many video-courses I can take or complete?

No. A LawShelf subscription enables you to access any and all LawShelf content, including all video-courses. You can take courses as quickly or slowly as your time allows.

Do I receive any recognition for completing a video-course?

Once you complete the course by passing the final exam, you will be awarded a digital badge to display as evidence of your training and accomplishment.

How will a digital badge help me? 

Modern educational trends are moving away from traditional classroom-based course completion models and towards skills-based education. Employers today care more about skills than ever before. LawShelf digital badges conform to the Open Badge standard and are verifiable records of your skills that can easily be shared online.

How long do I retain access to the course materials?

You retain access the modules and take the final exam as long as you are a subscriber to LawShelf.

Introduction & "Preliminary" Contracting-Module 1 of 6

Drafting & Negotiating “the Deal”-Module 2 of 6

Common Contract Clauses: Part 1-Module 3 of 6

Common Contract Clauses: Part 2-Module 4 of 6

Common Contract Clauses: Part 3-Module 5 of 6

Common Contract Clauses: Part 4-Module 6 of 6

Final Exam only needs to be taken by those seeking to earn the Digital Badge credentials for this course.