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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 405269
 
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Statement of Work (SOW) Contract Fundamentals

Live Webinar
September 20, 2019
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$199Register Now
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Don’t be caught off guard. Gain insights to analyze strategies to address latent sources of error and protections when dealing with multiple SOWs.

In order to buy or sell goods and services, businesses are often faced with entering into a master agreement which contains one or more statements of work (SOW). Frequently, the contract and the SOW are negotiated at the end of business transaction when each party decides to do business and then trades drafts of the contract back and forth. While almost every contract comes with potential unknown risk, SOWs can contain even more traps and pitfalls. It’s easy for lawyers to negotiate the main terms and conditions of a contract, because they are experts in contract law and are usually well versed in the business points of their company. The SOW, however, can present different challenges because they are more technical and susceptible to misinterpretation or to change orders which in turn can alter the scope and cost of the project. Change in scope, delays, unforeseen obstacles, and many other surprises can cause problems for the relationship. This topic provides insights for the practitioner to analyze, strategies to address latent sources of error, and protections should the project falter.

Learning Objectives

• You will be able to identify stakeholders and managers related to the SOW, request input, and generate requirements.

• You will be able to explain the resultant work product and strategize.

• You will be able to discuss drafting the SOW.

• You will be able to review project management.

Registration

Live Webinar$199Register Now
Can't Attend?   Audio & Reference Manual$199Add to Cart