ABC of Contract Law - An Introduction for Legal Professionals

Introduction

If you are a paralegal, trainee, apprentice or new to negotiating business contracts, then this webinar is for you.

This session is designed for those new to this area of practice - to clarify the language of contracts and prevent clients from inadvertently being bound by a contract they did not intend to enter.

It will provide an insight into the basics of business contract law and ensure you understand the key legal concepts underpinning contractual arrangements - including the elements required to form a binding contract - as well as the role of key clauses in commercial contracts.

What You Will Learn

This webinar will cover the following:

• Overview
• What is a contract
• Privity of contract including relevance for business
• Contract formation
• Key elements in forming a contract (including practical points throughout):
• Invitation to treat
• Offer (including battle of the forms and termination of offers)
• Acceptance
• Consideration
• Intention to Create Legal Relations
• Capacity
• Certainty of terms
• Pre contractual documentation
• Conditions precedent
• Comfort letters
• “Subject to contract”?
• Key clauses in a commercial contract
• Price
• Warranties
• Indemnities
• Exclusion and limitation
• Term
• Termination
• Plus an explanation of common boilerplate clauses (such as notice, entire agreement, force majeure, assignment, Contracts (Rights of Third Parties), variation, waiver, jurisdiction and applicable law)

This webinar was recorded on 20th January 2026

You can gain access to this webinar and 2,400+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.