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Contracting Basics Training

Legal Basics Training Negotiation Basics Self Help Resources Work Flow Analytics Doc. Authoring/ Execution Playbooks/ Internal Client Tools Knowledge Harvest Client Cost Strategies Legal Dept. Service Charter Legal Dept. Mandate Special Project Management Escalation Procedures Needs Assessment Client Feedback/ Satisfaction Internal A udience T r aining Legal Services Request F orm A uthorised Clients Internal Client Engagement Contracting Basics Training Project Plan/ Case Studies Internal Client Line

What Is It

The Contracting Basics Training station defines the minimum level of contract literacy required for internal clients who create, negotiate, approve, or manage contracts on behalf of the business.

Contracts are the primary mechanism through which businesses form binding relationships, allocate risk, and realise value. 

Yet in many organisations, contracts are treated as paperwork rather than commercial instruments with long-term consequences.

This station on the Internal Client Line is about ensuring that internal clients understand how contracts work, what matters in them, and when legal expertise is required — so that contracting activity supports growth rather than undermines it.

Scope

The Contracting Basics Training station should enable internal clients to:

◼️ Understand What a Contract Is: How obligations, rights, and remedies arise.

◼️ Recognise Key Contract Components: Scope, pricing, risk, term, and exit.

◼️ Identify Commercial Risk: Where value is gained or lost.

◼️ Understand Authority & Execution: Who can negotiate and sign.

◼️ Use Templates Correctly: Why standard forms exist and how to apply them.

◼️ Recognise Red Flags: When legal involvement is mandatory.

◼️ Understand Contract Lifecycle: From request through execution and performance.

◼️ Align with Legal Processes: Intake, escalation, and approval requirements.

◼️ Reduce Inadvertent Risk Creation: Avoid common contracting mistakes.

◼️ Support Better Negotiation: Informed engagement with counterparties.

Resource Status

The Contracting Basics Training station is considered a Repeater and a Specialist resource within the GLS Legal Operations model.

A Foundational Resource: Is responsible for determining the overall performance capabilities of a “critical” legal function. If it is not optimised, the function can never be optimised. 

A Repeater Resource: Supports the performance of multiple "critical" legal functions and as such represents a "ripple effect" productivity intervention point. 

A Specialist Resource: Is responsible for driving the performance of a very specific part of an individual legal function. Its productivity contribution is limited to that single legal function. 

Best Practice Features

Best practice Contracting Basics Training demonstrates:

◼️ Commercial Orientation: Focused on value, not legal theory.

◼️ Role-Relevant Content: Tailored to who touches contracts.

◼️ Plain Language: Contracts explained in business terms.

◼️ Practical Scenarios: Real examples, not abstractions.

◼️ Alignment with Templates & Playbooks: Training reflects actual tools.

◼️ Clear Escalation Guidance: When to stop and involve legal.

◼️ Repeatability: Delivered regularly and refreshed.

◼️ Assessment: Understanding is validated.

◼️ Integration with Onboarding: New joiners trained early.

◼️ Leadership Endorsement: Treated as essential capability.

Business Value

Contracting Basics Training delivers business value by:

◼️ Reducing Contract Risk: Fewer unmanaged obligations.

◼️ Protecting Commercial Value: Key positions are preserved.

◼️ Improving Speed: Fewer resets and corrections.

◼️ Enhancing Negotiation Outcomes: Better-informed engagement.

◼️ Reducing Cost: Less remediation and external spend.

◼️ Supporting Growth: Contracting scales safely.

◼️ Improving Compliance: Authority and process followed.

◼️ Increasing Predictability: Fewer surprises post-signature.

◼️ Improving Collaboration: Legal and business align.

◼️ Preventing Value Leakage: Deals perform as intended.

Who Needs It

Contracting Basics Training is essential for:

◼️ Commercial & Sales Teams

◼️ Procurement Teams

◼️ Business Unit Leaders

◼️ Project & Transformation Teams

◼️ Finance Teams

◼️ Operations Teams

◼️ Product & Marketing Teams

◼️ Legal Operations Teams

◼️ Senior Leaders

◼️ Anyone involved in contracting activity

Productivity Consequences

Where Contracting Basics Training is absent or weak, organisations experience:

◼️ Inconsistent Contracting: Same deal, different outcomes.

◼️ Late Legal Intervention: Risk surfaces too late.

◼️ Higher Dispute Rates: Ambiguity and error.

◼️ Execution Delays: Authority and process issues arise late.

◼️ Value Leakage: Commercial intent erodes post-signature.

◼️ Burnout: Legal teams firefight.

◼️ Poor Template Adoption: Workarounds proliferate.

◼️ Governance Failures: Authority ignored.

◼️ Low Confidence: Business distrusts contracts.

◼️ Stalled Maturity: Contracting capability plateaus.

Tech Implications

Supporting Contracting Basics Training requires:

◼️ Learning Platforms: Delivery and tracking.

◼️ Integration with Playbooks: Training aligns to tools.

◼️ Template Repositories: Easy access to approved forms.

◼️ Searchable Knowledge: Just-in-time reference.

◼️ Assessment Tools: Validate understanding.

◼️ Onboarding Integration: Automatic enrolment.

◼️ Usage Analytics: Measure effectiveness.

◼️ Scalability: Enterprise-wide reach.

◼️ Access Controls: Role-appropriate content.

◼️ Change Enablement: Training evolves with risk.

What Next?

The GLS Knowledge Centre has a wealth of resources available for learning more about the importance of a Contracting Parameters and how you can effectively implement one - check out a few on the right.

The GLS Legal Operations Centre contains everything you need to effectively implement your own tailored Contracting Parameters in a cost-effective and timely manner. Check out the resources linked on the right. 

Also, feel free to contact GLS to book a consult to discuss your Contracting Parameters needs right here

The GLS Legal Operations Centre

The GLS Legal Operations Centre

Register to access your complimentary Day 1 Resource Stack packed with legal team performance resources.

 

GLS Ultimate Guide To Legal Operations

GLS Ultimate Guide To Legal Operations

Download this and read it thoroughly and regularly. It is a wonderful transformation companion.

 

Book A No-Obligation Consultation

Book A No-Obligation Consultation

If you would like discuss your legal transformation needs, please book a 30 minute free consultation with us.

 

GLS Legal Transformation Boot Camp

GLS Legal Transformation Boot Camp

Our hugely successful, 10-week long, email-based boot camp on how to effectively transform your legal team.

 

GLS Connect Zone / Intelligence Feed

GLS Connect Zone / Intelligence Feed

Visit the GLS Connect Zone and select the intelligence feed that you would like to receive from us.

 

The GLS Legal Transformation Plans

The GLS Legal Transformation Plans

Mitigate the risks of transformation failure by partnering us and taking a GLS Transformation Support Plan.

 

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