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Registration is now open for the January 2025 cohort.

Introduction to Commercial Contract Fundamentals

Most impasses in commercial contract negotiations arise when you don’t know what a clause means, cannot articulate your own position, and/or cannot explain why you object to the other party’s point of view. Commercial Contract Fundamentals is designed to help both lawyers and non-legal professionals overcome these challenges, minimize risk, and become effective at breaking negotiation deadlocks.

The course was developed by Wei Chen, Chief Legal Officer of Infoblox, based on her 20+ years of experience working with commercial contracts. Using real-world examples, she demystifies the legal language and concepts, and explains what questions to ask during contract negotiations.

Learn the nuts and bolts of commercial contracts and become more adept at closing deals.

Location & Start Date

Online

Self-Paced

Course Launch

January 21, 2025

Content Access: Participants are provided with a 10-week recommended schedule but have access to the course content and platform for one year from the program start date.

Time Commitment: ~30 hours

Who Should Participate

Anyone interested in reviewing, drafting, and negotiating commercial contracts more effectively and efficiently, or acquiring knowledge that can lead to a career in commercial contracts, including:

  • Current and prospective commercial contract professionals
  • Attorneys
  • Procurement and operations professionals
  • Legal tech product managers
  • Due diligence consultants
  • Business development and sales managers

Course Structure

Lectures

The course consists of nine modules, which include:

  • A series of 15- to 20-minute structured videos that include lectures and slides with visual presentations and sample contract clauses.
  • Interviews with industry experts who share their views on hot topics and the day-to-day life of a general counsel, a commercial contract attorney, and an intellectual property attorney.
  • A self-graded quiz with approximately 15 questions.

Format

This course is “asynchronous,” meaning that students can work at their own pace.  We suggest participants set aside approximately two to three hours per week to complete the assigned material. While a syllabus is provided to guide the learning journey, students will have the flexibility to choose where to start based on their knowledge and experience.

Live Contract Negotiation Workshops

The program also features monthly contract negotiation workshops led by experienced commercial contract attorneys, Stacey Phillip and Ben Hendrick. Each session focuses on a specific curriculum topic and incorporates mock negotiations along with expert insights and practical tips. This is also a great opportunity to ask questions about the course material. These live workshops are typically held on Wednesdays at 9:00 a.m. PT (exact dates to be shared with the cohort).

Course Design

Below is a list of the course modules. For an overview of the course pedagogy and a more detailed description of each module, please request the Commercial Contract Fundamentals syllabus.

Module 1

General Information

  • Terms in a Contract
  • Dispute Resolution

Module 2

Term and Termination

Module 3

Assignment, Sublicense & Subcontract | CIC & ROFR/ROFO/ROFN

Module 4

Remedies, Indemnification & Limitation of Liability | Limitation of Liability Carveouts

Includes an expert interview: security and data protection as the most heavily negotiated clauses.

Module 5

Intellectual Property Clauses

Includes expert interview: What do IP and product attorneys do?

Module 6

Restrictive Covenants; NDA

Module 7

Due Diligence 101

Includes expert interview: M&A and investment due diligence.

Module 8

AI & Commercial Contracts

Module 9

Ethics and Commercial Contracts (Optional)

Includes expert interview. This module is required for attorneys seeking MCLE credit.

Instructor & Contributors

Wei Chen

Wei Chen

Course Creator and Instructor

Wei Chen is the Chief Legal Officer of Infoblox, the leader in next-generation DNS management and security. She has over 20 years of legal experience advising businesses of all sizes on corporate governance, strategic transactions, compliance, commercial contracts, intellectual property, operations and legal innovations. Prior to joining Infoblox, Wei served as the SVP and Associate General Counsel, Strategic Transactions, at Salesforce, Inc. and the Assistant General Counsel at Sun Microsystems.

Wei founded The Atticus Project, a nonprofit organization and the curator of CUAD, a high-quality, open-sourced, AI training dataset of legal contracts with 13,000+ annotations crowd-sourced under the supervision of experienced lawyers. She is a member of the Advisory Board of the Berkeley Center for Law and Business and a frequent lecturer on the topics of AI innovations in legal, including at various legal conferences hosted by TechGC and Transaction Advisors Institute, as well as law schools such as Berkeley, Columbia and Stanford. Wei started her legal career at Skadden Arps and then at Cooley. She is a sub-4-hour marathoner and an active volunteer in her community and local schools.

Benjamin Hendrick

Benjamin Hendrick

Contributor

Ben is a practicing product and commercial attorney with more than 15 years of experience providing business-focused legal advice to companies of all sizes, from startups to Fortune 500 companies Amazon and eBay. He began his career as an M&A attorney and now focuses his practice on e-commerce, financial technology, and AI.

Stacey Phillip

Stacey Phillip

Contributor

Stacey Phillip is a seasoned attorney with extensive experience in commercial law, data privacy, and technology agreements. Currently serving as Senior Commercial Counsel at Infoblox, Stacey provides strategic guidance on high value deals and leads learning and development initiatives for legal professionals. With a strong background in advising senior executives and negotiating complex contracts, Stacey has spent the past 10 years working for leading tech companies. She is passionate about the use of generative AI in the legal profession and serves as a consultant on The Atticus Project.

Scholarships

Berkeley Law Executive Education is offering a limited number of full scholarships to underrepresented members of the legal community. The scholarship application closed on October 25, 2024. Notifications were sent by October 30, 2024.

Tuition & Discounts

General Tuition

$1,500

UC Berkeley Alumni
Government, Nonprofit, and University Employees

Also applies to past participants of paid Berkeley Law Executive Education courses.

$1,275 Save 15%

Non-Attorneys

MCLE credit not provided

$1,275 Save 15%

Special Rates*

Group Rates: 5 to 9 participants (30% discount); 10 to 19 participants (40% discount); 20+ participants (50% discount). Note: Group rates are discounted off of the general tuition.

Note: If you qualify for one of the discounted or group rates, please email [email protected] for instructions to access your tuition category. Please note that we do not combine discounts.

Tuition

Tuition will cover program access for the specified time period.

Financing

If you are interested in financing this course, Sallie Mae provides competitive education loan programs for credit qualified borrowers.  For more information and to apply, visit the Sallie Mae website. If you decide to pursue such financing, please submit your application to Sallie Mae first and then contact us at [email protected]. We will provide additional instructions on completing your registration.

Certificates & MCLE

Certificate Type

Certificate of Completion

Participants will earn a certificate of completion from Berkeley Law Executive Education.

MCLE

10 hours

This course has been approved for up to 10 MCLE credit hours — including 1.5 legal ethics credit hours — by the California State Bar.  Attorneys from other states will need to contact their local bar to verify their own certification requirements.

Accessibility

For disability accommodation requests and information, please contact us at [email protected]. Please attempt to make your service request with as much advance notice as possible.