KnowledgeCity

Contract Analysis and Negotiation Best Practices

Learn best practices for contract analysis and negotiation
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Course: On-Demand
Intermediate  Provider Michele Hagan  4 Lessons ·  6m  in Arabic, German, English, Spanish, French, Portuguese, Chinese Simplified 

Certifying Organizations

What You'll Learn

  • Recognize situations in which you shouldn't sign a contract
  • Understand contractual consequences before committing
  • Learn your options for recourse when a contract is violated
  • Know when to seek a second opinion on a contract
  • Obtain and securely keep copies of your contract

Key Takeaways

  • If you don't understand a contract, you should not sign it.
  • Understanding the consequences of a contract is part of analyzing it before signing.
  • There are options for recourse when a contract is violated.
  • Knowing when to look for a second opinion helps you avoid signing a contract you regret.
  • Obtaining and securing copies of your contract is a key practice covered in the module.

Frequently Asked Questions

What does this course cover?

This module explores how to make sure you don't walk away with a contract that you regret. It covers how to recognize situations in which you shouldn't sign a contract, how to understand contractual consequences, when to look for a second opinion, and how to get a copy of your contract.

What will I learn by the end of the course?

You will learn when you shouldn't sign a contract, the options for recourse when a contract is violated, and how to get a second opinion on a contract.

What lessons are included?

The lessons are Don't Understand? Don't Sign; Understanding Consequences; Get a Second Opinion; and Obtaining and Securing Copies.

What skills does this course help build?

It supports skills in Contract Analysis, Contract Interpretation, Contract Negotiation, Contract Law, Contract Management, and Contract Preparation.

Professional Certifications and Continuing Education Units (CEUs)

Society for Human Resource Management (SHRM®)

Professional Development Credits (PDCs): 0.25

Certification Program Categories:
Leadership & NavigationBusiness AcumenConsultationGlobal MindsetEthical PracticeRelationship ManagementAnalytical AptitudeCommunicationDiversity, Equity & Inclusion

KnowledgeCity is approved by SHRM as a Recertification General Provider to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). By taking the courses approved by SHRM, KnowledgeCity can award SHRM Professional Development Credits (PDCs) for HR knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge™ (the SHRM BASK™).