Select Training and Management Consultancy

Managing Liabilities – 1 Day

Course Aims

The world’s best-operating companies manage liabilities lurking in their business

transactions BEFORE they actually arise. These impressive companies accomplish
this important task by training executives on how to identify liabilities commonly arising
in their business operations, and how to draft contract provisions which identify and
limit damages flowing from liability risks.

This 1 day course (6 instruction hours in total) provides the answers to a key question
confronting contract negotiators: “How do I properly protect my company against
foreseeable - or unforeseeable - liabilities, in the contracts I sign with third parties?”

This course provides an overview of standard liability risks and relevant legal and
business terminology. Also provided are agreements containing model contract
language that can help companies reduce - or even eliminate – liability risks when
structuring their business relationships.

Who will benefit from the course?

Executives seeking to better understand liability risk management principles,

and improve the quality of liability prevention and indemnification provisions in
contracts will find this course to be extremely beneficial. Agreements drafted
by delegates in the future will better protect their businesses from liabilities
resulting from third parties’ provisions of goods and services.

What will you gain from the course?

Differentiate between confidence, assertiveness and aggression.

What is meant by assertive behaviour?
Learn how to become confident in your own abilities and what you say.
Apply assertiveness skills in 'real-life' situations.
Enhance self-confidence in challenging situation.
Maximise personal impact when communicating with others.
Listen, appreciate and understand the behaviour of others.
Become aware of personal blocks to being assertive.
Learn how to calm aggressive people down and ‘turn them around’.
Learn how to ask for what you want without feeling uncomfortable.
Learn how to be assertive with your boss.
Persuade others ethically whilst being assertive.
Plan a schedule for developing your new assertiveness skills.

Managing Liabilities
1 Day
© Select Training and Management Consultancy
1
 Select Training and Management Consultancy

Sample Course Content

Below is an example of the course content. The content can be 'tailored' to meet the exact
requirements of the client.

;Learning Issue identification

?”What is a “liability
””What are “damages
””What is “indemnification
?”What is “force majeure
?”What is a “performance bond
?Liability Awareness: What liability risks are inherent in all contract negotiations
What risks are relevant only to the particular business of the company
.Assessment of financial damages flowing from such risks
Assessment of reputation damages flowing from such risks
Drafting Language That Addresses All Issues
Clarity vs. Complexity in contract drafting
Applicable Legal Issues
Rules of Contract Interpretation – General legal principles
Rules of Contract Interpretation – U.A.E. legal principles
Damages – General legal principles
Damages – U.A.E. legal principles
Maintaining Integrity of Liability Protections Across the Company
Internal Rules Governing Contract Negotiations
Signoffs” – Provisions Each Contract Must Have“
Internal Legal Counsel – Outside Legal Counsel

Course content can be modified based upon the particular industry in which each
client operates, and liability risks unique thereto. Variables such as the participants’
skill levels and prior experience in contract drafting may impact curriculum.

All Select courses are highly structured, interactive and lively, encouraging maximum
participation by all delegates.

Managing Liabilities
1 Day
© Select Training and Management Consultancy
2