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Business Contracts 101: Protecting Your Business & Avoiding Costly Mistakes

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Vaughan City Hall

2141 Major Mackenzie Drive

2nd Floor, Committee Room 244

Vaughan, Ontario L6A 1T1

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Business Contracts 101: Protecting Your Business & Avoiding Costly Mistakes

Whether it is hiring personnel, selling or procuring products or services, entering into a commercial lease or any other number of activities that occur in the context of your business, contracts are everywhere. In this session, attendees will gain a foundational understanding of:

• Why contracts are important to your business
• Whether contracts need to be in writing to be enforceable
• Basic contract terminology and concepts
• The types of contracts typically used and encountered by small businesses as well as crucial clauses to be aware of
• The importance of knowing who the parties to a contract are, as well as who is authorized to enter into one on behalf of your business
• Practical tips for ensuring ongoing management of, and compliance with, contractual rights and obligations
• Real world examples of costly mistakes that could have been avoided with appropriate contracting


Speaker:
Laura Slater, B.A. (Hon), J.D.

F O R M A T I O N Contract and Commercial Law

Laura Slater is a lawyer and the owner of Formation Contract and Commercial Law. She has been a member of the Law Society of Upper Canada since her call to the Ontario Bar in February 2001.

Through over 15 years of experience working for, and negotiating agreements on behalf of, globally recognized companies in different industries, Laura developed a breadth of expertise in business and legal practice. In conversations with small and mid-sized business owners, she heard from them a consistent desire for new and aptly designed approaches to legal and contract management services. Based on that foundation, Formation was born. Drawing on the experiences she gained first as Senior Account Executive, Contracts at one of the world’s leading aircraft manufacturers, then as Strategic Contract Manager and Contracts Negotiator at one of the world’s largest information technology companies, followed by her role as Senior Legal Counsel at one of Canada’s big five banks, Laura now assists small and mid-sized businesses across industries with creating the corporate structures, contractual relationships and internal policies and procedures that they desire.

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Date and Time

Location

Vaughan City Hall

2141 Major Mackenzie Drive

2nd Floor, Committee Room 244

Vaughan, Ontario L6A 1T1

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