Drafting and Negotiating Letters of Intent (LOIs)
This Master Class affords participants a deeper understanding of contract drafting in the context of a letter of intent (LOI). It explores where and how an LOI fits within the overall deal process. It then explores a standard LOI in an acquisition context, examining purpose, timing, and typical content, as well as the advantages and disadvantages of using an LOI. Finally, it introduces alternative forms that offer similar function, such as term sheets and memoranda of understanding.
Upon completion of this Master Class, participants are able to:
- Know where to start when drafting an LOI
- Review and revise an LOI
- Articulate the strategic benefits and disadvantages of using LOIs
Participants are asked to review and propose revisions to an LOI prepared in connection with a proposed acquisition.
Participants may earn up to 1 CLE credit in the State of California, Florida, New York, and Texas (NY: Areas of Professional Practice; CA: General Credit). Application for Florida and Texas accreditation of this program is currently pending for up to one (1) hour of CLE credit. Credit is for transitional and non-transitional attorneys in NY. This class is appropriate for both newly admitted and experienced attorneys. Financial Aid may be available for qualifying participants.
Absorb the fundamentals
Learn a transactional approach to tackling the legal and business challenges that arise in corporate transactions. Put yourself in the shoes of key players-buyers, sellers, customers, vendors, consultants, and employees (and their attorneys)-by engaging with actual deal documents and disclosure forms.
Practice by doing
Complete simulations based on scenarios involving real-world transactions. As the Series progresses, so does the deal. Build your expertise on the foundation of previous Master Classes. Use real deal documents to complete your simulations.
Collaborate with an expert
Dive deeper into your deal in a one-on-one or group Virtual In-Person session with a vetted practitioner. It’s like working with a partner who's solely dedicated to supporting and accelerating your growth as a deal lawyer.
More than just a course
Dynamic Video Modules
Learn at your own pace and place. All you need is an internet connection. Absorb lessons in short, easily digested segments, led by experienced practitioners.
Apply what you've learned in real-world client scenarios, using transaction documents derived from actual deals.
As simulations progress, build upon elements you mastered in earlier modules.
Deepen your learning in one-on-one Virtual In-Person sessions with a vetted practitioner. Receive feedback on simulation assignments.
Like working with a law firm partner dedicated solely to accelerating yur professional growth.
Gabriel GutierrezAssociate, GHP Abogados (Costa Rica)
[AltaClaro’s Intensive course] hit the right mark between being challenging and yet manageable for someone who is working while taking the program…”
Wai ZeeGeneral Counsel, WeWork (Asia)
There is definitely a big need for this … Senior partners at firms are not spending enough time [on training] and most professional education out there is superficial.”
Ryan NayarLegal Counsel, Centrica
As an experienced practitioner who has worked in both AmLaw 100 and public company, in-house environments, the training AltaClaro provided helped supplement my knowledge of corporate law.”
Anu Jaya NaiduSenior Counsel / The Offsite General Counsel
After taking this course, You could come into a firm on day one, start diving into the documents, and be able to provide meaningful input to the deal team. While [other courses] focus on the theoretical or updates in the law, this focuses on the practical and gives you a toolkit to jump start or refresh your practice.”
Morgan Chaney-Alexandria KearseCorporate Counsel, Affinity Solutions
Each instructor takes the time to work through the material with you so that you can understand the actual practice of law and not just the theory. The one-on-one sessions provide a unique chance to delve deeper into questions with your instructor that are tailored to your individual strengths and weaknesses.”
Samarth ChaddhaNYU School of Law, LL.M ‘17
I learned from experienced practitioners and the one-on-one sessions gave me an opportunity to take a deep dive and simulate real world tasks…”
Zulaihat N.New York Law School, JD ‘16
Through the AltaClaro Intensives Training Program in Corporate Transactions, I developed practical legal skills that went far beyond the legal training provided in law school...
|AltaClaro||Online practical skills course providers||CLE Providers||Bootcamps|
|Short engaging videos||Varies|
|Experiential learning with mock transactions & matters||Varies|
|1-on-1 feedback sessions available|
|Online student/instructor community with interactive discussion boards|
*CLE credit available for most Master Classes. Financial aid may also be available. See individual Master Classes or our FAQ for more details.