Our Courses
Certificate Course on Contract Lifecycle Management
INTRODUCTION TO THE COURSE
This course on Contract Lifecycle Management provides a comprehensive overview of all aspects of contract management. It covers the full contract lifecycle from pre-execution to post-execution phases.
The course is designed for law students, legal professionals, business professionals, and anyone interested in exploring the field of contract management. It will help learners master the key skills and best practices for effective contract negotiation, vetting, implementation and closure.
Some of the key modules include introduction to contract management systems, phases in contract management lifecycle, negotiation techniques, contract management tools, and advanced topics like blockchain and AI applications. Hands-on training is also provided on popular contract lifecycle management software solutions.
For example, Module 3 focuses on effective contract negotiation and vetting strategies. It will teach collaborative negotiation techniques and advanced vetting approaches using tools like contract redlining. Learners will also get an opportunity to practice their skills through negotiation simulation scenarios.
The course on Contract Lifecycle Management offers a detailed exploration of contract management, encompassing the entire lifecycle from the initial stages to the final execution. It is tailored for law students, legal and business professionals, and those keen on delving into contract management. The curriculum is designed to impart essential skills and best practices for successful contract negotiation, vetting, implementation, and closure.
Key modules of the course include an introduction to contract management systems, the different phases of the contract lifecycle, negotiation techniques, contract management tools, and cutting-edge topics such as blockchain and AI applications. The course also provides practical training on widely-used contract lifecycle management software.
For instance, Module 3 delves into effective contract negotiation and vetting strategies, teaching collaborative negotiation methods and sophisticated vetting techniques with tools like contract redlining. Participants will have the chance to hone their skills through negotiation simulation exercises.
WHAT IS UNIQUE ABOUT THE COURSE?
- Comprehensive coverage of the entire contract lifecycle, from pre-execution to post-execution.
- Designed for a diverse audience, including law students, legal and business professionals.
- Focus on practical skills for contract negotiation, vetting, implementation, and closure.
- Inclusion of advanced topics like block chain and AI applications in contract management.
- Hands-on training with popular contract lifecycle management software solutions.
- Interactive learning through negotiation simulation scenarios.
THE COURSE IS FOR WHOM
- Law students and Fresh Graduates
- Legal professionals
- CAs/CS professionals interested to explore CLM
- Business professionals
- Law graduates wanting to enter the LPO industry
- Academicians wanting to upgrade their practical knowledge
MODULES
This course, designed by experts, will help you master in Contract Lifecycle Management
MODULE 1: INTRODUCTION TO CONTRACT MANAGEMENT
This module provides a comprehensive understanding of contracts, exploring their evolution from traditional to smart contracts. Participants will gain insights into the Contract Lifecycle Management (CLM) process, recognizing its role and significance in modern business practices. The module also introduces the concept of digital transformation in contract management and highlights various Contract Management Systems.
MODULE 2: PHASES INVOLVED IN CONTRACT MANAGEMENT
Participants will learn about the different phases of contract management, starting with the pre-execution phase, contract execution and implementation, post-execution phase, and closure. Each phase's key activities and considerations will be discussed, offering a holistic view of the contract management process.
MODULE 3: EFFECTIVE CONTRACT NEGOTIATION AND VETTING
This module focuses on strategies for successful contract negotiation, including collaborative negotiation techniques. Participants will delve into advanced vetting approaches such as red-lining and explore AI-assisted vetting tools. The module also includes negotiation simulations with realistic scenarios to enhance practical negotiation skills.
MODULE 4: CONTRACT MANAGEMENT TOOLS
Participants will gain an understanding of Electronic Contract Management Systems (ECMS) and the features and benefits of CLM tools. The module explores popular CLM software solutions, emphasizing the integration of CLM tools with business processes. Practical demonstrations and hands-on training with CLM tools ensure a practical understanding of their functionalities.
MODULE 5: ADVANCED TOPICS IN CONTRACT MANAGEMENT
This module delves into advanced topics, starting with the exploration of blockchain and smart contracts, understanding their opportunities and challenges. Participants will learn about cognitive contracting, incorporating AI and machine learning in CLM. The module also covers contract management in global business, addressing cross-border considerations, sustainability integration in contracting, and explores emerging trends and the future outlook in CLM.
ASSIGNMENTS AND EXAMINATION
At LawLearnizo, we are committed to providing a comprehensive learning experience that not only imparts knowledge but also evaluates your understanding and application of the concepts taught. To achieve this, our course structure includes a robust system of assignments and examinations designed to reinforce learning and assess your progress.
ASSIGNMENTS
To ensure a consistent learning pace and to keep you engaged with the course material, we will provide two assignments every week. This means you will receive a total of 10-12 assignments throughout the course duration. These assignments are carefully crafted to reflect the topics discussed during the live sessions each week, allowing you to apply the concepts learned in a practical manner.
EXAMINATION
The schedule for the examination will be released at the end of the second month of the course. This will give you ample time to prepare and review the course material thoroughly.
The examination will be of 50 marks and will comprise multiple-choice questions (MCQs) and situation-based questions and answers. This format is designed to test not only your recall of the course content but also your ability to apply the concepts in various scenarios.
More about the assignments and examination shall be mentioned in the course guidelines provided after successful registration of the course and students shall be informed during the live sessions of the course as well.
DURATION
3 Months
COURSE FEES
INR 2000/- (Original Fees is INR 4500/-)
MODE OF LEARNING
Online - Live Classes
ADD ON BENEFITS
- Hard Copy of the Certificate issued by LawLearnizo after the successful completion of the course.
- Access to Webinars offered by LawLearnizo.
- Publish research papers with our partner journals and publishers with ISSN and ISBN numbers and multiple indexes.
- Get preferable slots for career counselling.
- Internship assistance for all the enrolled participants.
- Scholarship on other courses by LawLearnizo.
- An opportunity to work with our team (Paid Opportunity).
Course material
- No hard copy of the material will be provided for this course.
- Soft copy of the materials will be provided from time to time as per the topics covered during the live classes.
CLASS SCHEDULES
- All live classes shall be scheduled during the weekends.
- If by any chance, live classes are scheduled during the weekdays, it shall be scheduled keeping in mind the availability of the participants.
FACULTIES FOR THE COURSE
- Mr. Kumar Sambasivan, General Counsel, Ayana Renewable Power.
- Mr. Chandramouli Ghosal, Principal Legal Counsel, Mitt Arv Technologies Private Limited.
- Mr. Anklesh Mahunta, Contract Lifecycle Management-Analyst, Deloitte.
REGISTRATION LINK
CONTACT DETAILS
Frequently Asked Questions
The curriculum of the course is to be read by the participants in order to determine whether the course is right for them or not.
Alternatively, candidates can take a free counselling session from our experts by submitting a call back form mentioned below or reach out to us at: counselling@lawlearnizo.com.
Students may decide not to enrol in a particular course or service for a variety of reasons, such as unreasonable expectations, time restraints, health problems, etc. Regardless of the cause, we have a set return policy that all of our students must adhere to. The deducted amounts are used to pay for the platform, logistics, operating expenses, and any necessary taxes.
Within the first seven days of registration, the students are eligible for an 80% refund, and within the first 14 days, they are eligible for a 60% refund.
Please send an email to support@lawlearnizo.com with the following information: your registered email address, name, batch, course information, and an explanation for the refund request.
Within 3-5 days, a refund confirmation email with the amount of the refund will be delivered.
Within 10–12 days of receiving your request, the refund will be applied to your original method of payment.
The students can speak with our in-house advisors to get help with their resume, cover letter, placement and internship opportunities, and other related issues. Although placements and internships cannot be guaranteed, we will help you out with lots of opportunities.
You can contact us at iic@lawlearnizo.com for more information.
The live lectures have a scheduled time and dates of the course are revealed one or two days prior to the start of the course. You can take the backup classes in case you miss any live class for that particular lecture.
The assignments have a due date. We provide all of our students enough time to finish the course and all of the assignments.
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