Contract Redlining Best Practices for In-House Counsel: How to Leverage the Power of Redlines for Better and Faster Contract Negotiations

Event Description

Most in-house counsel learn how to redline contracts while on the job instead of in law school or training programs. As a result, everyone redlines differently, causing major inefficiencies that lead to slow negotiation cycles, poor collaboration, and lack of transparency. According to the World Commerce & Contracting, companies lose an average of 9.2% of their annual revenue due to common contracting issues such as long negotiation times. Improving our contract templates, processes, and systems can help mitigate these problems. And so can improving the way we approach redlining.

 

To help improve the way we approach redlining, In-House Connect is thrilled to feature Nada Alnajafi, founder of Contract Nerds and the author of Contract Redlining Etiquette™, a negotiation strategy made up of 10 practical “Rules” that in-house lawyers can use to drive contract negotiations forward. There’s redlining and then there’s smarter redlining.

 

In this presentation, Nada will show you how smarter redlining practices can:

 

– Improve your negotiation power and speed up contract closing times;

– Help you manage internal negotiations and build alignment with internal business clients; and

– Solve some common issues within the redlining process.

 

She will provide real-life redlining examples to demonstrate some of these concepts. Plus, we will hear from ContractPodAi on the future of redlining and how technology can help drive efficiencies within the redlining process.

 

After the presentation, all attendees are invited to participate in virtual networking via breakout rooms with Nada and representatives of ContractPODAi!

 

CLE Information

This program is pending CLE credit in the following states:  NY, PA, IL, TX, OH, MN and NC

 

This program is pending CLE credit for self-application by the attorney or for reciprocal CLE credit in the following states: AZ, CA, CT, FL, ME, MT, NJ, & ND

 

This program is appropriate for newly admitted attorneys and experienced attorneys.

 

If you have any questions please email CLE@inhouseconnect.org.

 

Who Should Attend

This program is designed for in-house counsel who draft, review, and negotiate commercial contracts on behalf of your corporate client. Procurement and other contracts professionals are welcome. Plus, we will hear from ContractPodAi on the future of redlining and how technology can help drive efficiencies within the redlining process.

 

 

Virtual Networking

After Audience Q&A, all are invited to engage in virtual networking (video cameras ON), where you can meet our speaker, share best practices, and network with in-house counsel and legal professionals from across North America!

 

Wednesday, March 23, 2022, via Live Zoom Video Conference

6:00 pm – 7:15 pm ET: Presentation followed by Audience Q&A

7:15 pm – 7:45 pm ET: Virtual Networking via Breakout Rooms

Title:
Contract Redlining Best Practices for In-House Counsel

Time:
Wednesday, March 23, 2022 06:00 PM

Timezone:
America/New_York

Title:
Contract Redlining Best Practices for In-House Counsel

Time:
Wednesday, March 23, 2022 06:00 PM

Timezone:
America/New_York

Contract Redlining Best Practices for In-House Counsel: How to Leverage the Power of Redlines for Better and Faster Contract Negotiations

About the Event

Most in-house counsel learn how to redline contracts while on the job instead of in law school or training programs. As a result, everyone redlines differently, causing major inefficiencies that lead to slow negotiation cycles, poor collaboration, and lack of transparency. According to the World Commerce & Contracting, companies lose an average of 9.2% of their annual revenue due to common contracting issues such as long negotiation times. Improving our contract templates, processes, and systems can help mitigate these problems. And so can improving the way we approach redlining.

 

To help improve the way we approach redlining, In-House Connect is thrilled to feature Nada Alnajafi, founder of Contract Nerds and the author of Contract Redlining Etiquette™, a negotiation strategy made up of 10 practical “Rules” that in-house lawyers can use to drive contract negotiations forward. There’s redlining and then there’s smarter redlining.

 

In this presentation, Nada will show you how smarter redlining practices can:

 

– Improve your negotiation power and speed up contract closing times;

– Help you manage internal negotiations and build alignment with internal business clients; and

– Solve some common issues within the redlining process.

 

She will provide real-life redlining examples to demonstrate some of these concepts. Plus, we will hear from ContractPodAi on the future of redlining and how technology can help drive efficiencies within the redlining process.

 

After the presentation, all attendees are invited to participate in virtual networking via breakout rooms with Nada and representatives of ContractPODAi!

 

CLE Information

This program is pending CLE credit in the following states:  NY, PA, IL, TX, OH, MN and NC

 

This program is pending CLE credit for self-application by the attorney or for reciprocal CLE credit in the following states: AZ, CA, CT, FL, ME, MT, NJ, & ND

 

This program is appropriate for newly admitted attorneys and experienced attorneys.

 

If you have any questions please email CLE@inhouseconnect.org.

 

Who Should Attend

This program is designed for in-house counsel who draft, review, and negotiate commercial contracts on behalf of your corporate client. Procurement and other contracts professionals are welcome. Plus, we will hear from ContractPodAi on the future of redlining and how technology can help drive efficiencies within the redlining process.

 

 

Virtual Networking

After Audience Q&A, all are invited to engage in virtual networking (video cameras ON), where you can meet our speaker, share best practices, and network with in-house counsel and legal professionals from across North America!

 

Wednesday, March 23, 2022, via Live Zoom Video Conference

6:00 pm – 7:15 pm ET: Presentation followed by Audience Q&A

7:15 pm – 7:45 pm ET: Virtual Networking via Breakout Rooms

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