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Business

Non-lawyers guide to contracts

The Philippine Star

MANILA, Philippines — More than two thirds of people (68 percent) either don’t read or don’t understand contracts they sign for subscriptions or utilities, according to a survey conducted by the University of Law. Signing or agreeing to contracts without fully understanding the fine print and terms and conditions stated in the agreement can be difficult to challenge if anything goes awry and you want to challenge something in the contract being implemented by the supplier or service provider.

Many people are duped, fooled, or taken advantaged in their business or personal dealings because they drafted or signed a flawed, void, or voidable contract that cannot be enforced. One of the many useful life skills we all should have is understanding contract law. To guide you on this, the Center for Global Best Practices will hold a special online training titled Best Practices Guide on Contract Law for Non-Lawyers on June 25 and 26, 2025 from 9 a.m. to 12 p.m. via ZOOM.

The world operates based on legal systems wherein agreements are sealed with contracts. Carefully reviewing and negotiating contract terms can prevent unfavorable conditions that might affect long-term earnings and rights.

Learn from CGBP course director and senior lecturer lawyer Mia Gentuyaga of SyCip Salazar Hernandez & Gatmaitan and was senior partner and head of the firm’s banking, finance and securities department.

Registration is open to the general public. A must for entrepreneurs and leaders, board directors, officers and management, decision-makers, professionals, procurement specialists, family members, anyone who wants to learn contract law.

This is also highly recommended for college students taking up Commerce and Legal Management courses, as well as for pre-law and law students

For details and a complete list of other Best Practices programs such as Condominium Law of the Philippines, Best Practices Guide to the Law and IRR for Procurement of Infrastructure, Best Practices Guide to Construction Law and Crafting Contracts, visit www.cgbp.org. You may also call Manila Lines (+63 2) 8556-8968 / 69 or (+63 2) 8842-7148 / 59.]

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