Careers360 Logo
ask-icon
share
    Compare

    Quick Facts

    Medium Of InstructionsMode Of LearningMode Of Delivery
    EnglishVideo and Text Based

    Course Overview

    The Law and Strategy for Efficient Contract Management course is being offered by the Indian Institute of Management Tiruchirappalli (IIM Trichy). This Law and Strategy for Efficient Contract Management course is designed specifically for working professionals, it provides an immersive learning experience to understand the legal and strategic dimensions of effective contact management. The participants will engage in a blend of classroom instruction and real-world case analysis, gaining practical tools to structure, negotiate and enforce contacts. This Law and Strategy for Efficient Contract Management course is delivered by esteemed faculty with extensive academic and industry experience. This Law and Strategy for Efficient Contract Management course ensures high peer learning and actionable outcomes for improved contract governance.

    The Highlights

    • Intensive 3-day on-campus programme
    • Led by experienced IIM Trichy faculty
    • Case studies
    • Comprehensive course materials provided
    • Certificate of completion from IIM Trichy
    • Comprehensive coverage of legal frameworks impacting contracts

    Programme Offerings

    • Case Studies
    • Real-world applications
    • IIM Trichy faculty
    • Certificate from IIM Trichy
    • Comprehensive curriculum

    Courses and Certificate Fees

    Certificate AvailabilityCertificate Providing Authority
    yesIIM Trichy

    The fees for the Law and Strategy for Efficient Contract Management course is : 

    Fees components

    Amount

    Programme Fees

    Rs. 39,000/- + GST


    What you will learn

    Legal KnowledgeLegal processKnowledge of lawCommunication skillsCritical thinkingBusiness skillsNegotiation skills

    This Law and Strategy for Efficient Contract Management course will deepen their understanding of the legal frameworks that govern contact creation, interpretation and enforcement. The participants will learn how to interpret complex legal clauses, identify potential pitfalls and leverage frameworks such as the Indian Contract Act to craft airtight contractual agreements. This Law and Strategy for Efficient Contract Management course emphasises strategic thinking, how to employ legal principles proactively during every stage of contract handling, from drafting to closure.

    The participants will explore strategies to negotiate effectively, foresee risks and establish mitigation mechanisms. Through case analyses and peer discussions, the participants will also study frameworks for dispute resolution, enforcement tactics, and exit strategy planning. The participants will be equipped to handle contracts with legal rigor and strategic foresight.


    Who it is for

    The target audience for the Law and Strategy for Efficient Contract Management course includes:


    The Syllabus

    • In this module, the participants would be introduced to the concept of law in India, the basics of contracts, liabilities, consensus, jurisdiction, etc.

    • This module would introduce to the participants the fundamental principles of contract law like the offer, acceptance, agreement, tender, negotiations, LoI, MoU, Standard form contracts, Adhesion contracts, privity, place of formation, and its implication on the jurisdiction, forum selection clause, and legal formalities to be completed like the signature, stamp duty, etc. It also deals with the performance of contracts, discharge of contracts, breach of contracts, and legal remedies available to parties.

    • In this module, we would discuss the standard contents in a specimen contract and try to understand its implications. This would also help the participants at the time of negotiation of contracts.

    • This module introduces the participants to the aspects of alternative dispute resolution mechanisms available in India. We would specifically deal with mediation, arbitration, and conciliation of business contract disputes.

    • In this module, the participants would be exposed to certain industry-specific contract management aspects like FIDIC, UNCITRAL, INCOTERMS, Software Contract including the MSA, and the management of service legal agreements

    IIM Trichy Frequently Asked Questions (FAQ's)

    1: What is the duration of the Law and Strategy for Efficient Contract Management course?

    The duration of this Law and Strategy for Efficient Contract Management course is 3 days.

    2: Where is the Law and Strategy for Efficient Contract Management course conducted?

    The Law and Strategy for Efficient Contract Management course is held on-campus at IIM Trichy. 

    3: Does IIM Trichy provide accommodation?

    Yes, IIM Trichy provides accommodation and meals.

    4: By whom will this Law and Strategy for Efficient Contract Management course be taught?

    This Law and Strategy for Efficient Contract Management course is taught by Prof. Nithyananda K. V.

    5: Will I receive a certificate upon completion?

    Yes, participants will receive a certificate of completion from IIM Trichy.

    Articles

    Student Community: Where Questions Find Answers

    Ask and get expert answers on exams, counselling, admissions, careers, and study options.