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Contract Management
Course Category: Self-Study Courses
Course Level: Advanced
CLE Credit: Substantive
CLE Hours: 20.0
Fees: $250 for Members and $300 for Non-members
Once you’ve finished studying, you’ll take the comprehensive exam to earn CLEs and the ACP©.
Description: A paralegal who manages contracts, at minimum, must be well-versed in the law, contractual terms, and budgets while possessing superior time management and communication skills. Moreover, as this course will demonstrate, a paralegal with these proven skills has the ability to work between many sectors including academia, government, large corporations, and small businesses. Use this course to acquire foundational knowledge required to manage contracts regardless of where you work.
Chapter 1 – Introduction
Chapter 2 – Contract Negotiation
Chapter 3 – Written and Oral Contract Negotiation
Chapter 4 – Drafting Agreements
Chapter 5 – Contract Structure and Language
Chapter 6 – Using Boilerplate Provisions
Chapter 7 – Course of Dealing, Texts, and Practice
Guides
Chapter 8 – Performance Management
Chapter 9 – Drafting Agreements Part 2
Chapter 10 – Communication, Status Review, and
Termination
Chapter 11 – Government Contracting Overview
Chapter 12 – Federal Government Contracting Process
Chapter 13 – Industry Practice
Learning Outcomes Include:
Explore:
- Potential employment sectors
- Calendaring tools
- Business organization types and impacts on
contract provisions - The various government forms used in a
government contract - Various negotiation techniques and when a
technique is most useful - The five steps to drafting a contract
Define:
- A contract and contract amendments
- The steps involved in collecting essential
contract information utilizing QTIPS
- Importance of communicating contract status
- The efficiency of boilerplate provisions
- The importance of using contractual boilerplate
text - The importance of plain English and effective
communication
Identify:
- Content requiring proofing and editing
- Industry-specific agreement types and forms
- Legal concerns when writing a contract
- Types of boilerplate clauses
Recognize:
- A contract reviewer’s position
- The characteristics that a paralegal must
possess to be a successful contract manager - The importance of personal skills development
- When a verbal deal has been established
- The other party’s approach to negotiation
Differentiate:
- Between the mailbox rule and the UCC
- Checklists and master templates
- State and federal government contracting process
- The various government invitations
- Phases of a contract life cycle
- Clearly written contract terms and terms that
are written in legalese - Contract attachments and correct storage
- Benefits between a written and an oral contract
negotiation
Examine:
- Each phase of the government contract process
- FAR and government contract process
- Government contract award categories and
minority award percentages - Insurance requirements by contract type
- Performance tracking methods
- Flowcharts and timelines
Credential:
- Use the course content and the chapter reviews to prepare
for the comprehensive exam. - A passing score is 85%.
- Five attempts for a passing score are available with this course. (If you do not pass the exam on the 5 attempts you must repurchase the course and start over.)
- Statement of Completion – Upon completion of the
course and successfully passing the exam, a statement of completion is
required. The statement of completion is a summary of what you learned from
this course and how you will apply this to your job. - Once the statement of completion is uploaded, an
alert is sent to NALA. - Upon satisfactory review of the statement, NALA marks the
course 100% complete and begins the process of issuing the certificate and
credential* if you are eligible.
* The distinguished ACP© credential is only available to current NALA Certified Paralegals. Anyone, regardless of credentials, may take this course solely for gaining knowledge and will receive a certificate of completion upon successful completion of the course and exam.
Course Year: 2021
Self-Study Instructions
Access Period
After you purchase a self-study course you will receive an enrollment email. If you do not receive an enrollment email please check your spam and make sure you add noreply@myabsorb.com to your safe senders list.
To access course materials after enrollment please click on “My Courses” then “Self-Study” at nala.education.
Self-Study courses expire after 1 year.
Courses are priced for individual use and consumption and are not intended for rebroadcast and sharing.
Refunds or Cancellations
No cancellations or refunds are provided.
Self-Study FAQs
If available, you may use the print function from your browser to print the material. This is copyrighted material and any distribution is strictly prohibited. Not all self-study courses have printable material.
No, a textbook is either included or not necessary for the self-study courses.
No, the courses are designed as continuing education courses and may qualify as meeting continuing education requirements for professional certifications and attorney licenses. In addition, the courses may be used in the classroom to supplement formal training. However, the courses are not designed to take the place of formal paralegal training as may be available through a community college or university.