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Negotiate a profitable contract with US partners
Event 2011 negotiate a profitable contract with US partners Module
 
Negotiating contracts with US partners can be a major challenge for Danish companies. Knowing the legal twists can help you avoid economic loss, and understanding cultural differences can ensure that you get the most out of your US partner. 

We would like to thank our host and presenters for their hospitality and their valuable time. And we thank all who participated for the lively discussions! 

Get the legal presentation from Martensen Wright Law Firm.
Get the cultural presentation from Aperian Global.


Negotiate a profitable contract with US partners

Avoid legal pitfalls and beware of important cultural differences
 


Wednesday March 2nd, 2011 15:00 - 18:00 
Host: E. Pihl & Søn A.S., Nybrovej 116, 2800 Kgs. Lyngby

Agenda:
15:00 - 15:15      Registration and Welcome

15:15 - 16:15      US Business Contracts: Important Highlights 
                            by Finn Martensen (Danish based) and Ed Wright (US based), Martensen Wright Law Firm 

                            General nature and structure of US contracts 
                            • Negotiation strategies
                            • Should the contract be in writing and how detailed should it be?
                                                         
                            Employment contracts in particular
                            • Overview of essential elements  
                            • Danish expectations/American norms: 
                               Various approaches in various states 
                               Is the clause binding for the employee 
                               Alternatives to non-compete clauses 
                            • Non-competition clauses 
                            • Potential pitfalls for employers in the US: 
                               Wage & Hour laws 
                               Sexual Harassment and Discrimination Claims 
                               Employee termination

                            Dispute resolution clauses and mechanisms 
                            • Resolution via the US Court system (Lawsuit): 
                               The complex procedure of a civil lawsuit and its costs 
                            • Alternative dispute resolution mechanisms: 
                               Arbitration vs. mediation 
                            • How to draft a "good" dispute resolution clause
 
                            Other important contract provisions 
                            • Exit provisions in long term contracts 
                            • Limitations of liability for damages 
                              
16:15 - 16:30      Networking Break

16:30 - 17:15      Improve results by understanding your US partners
                            by Kimberly Blanchard, Aperian Global
 
                            Challenges from a cultural perspective
 
                            Understand the key dimensions of culture 
                            • Risk/Restraint 
                            • Direct/Indirect 
                            • Task/Relationship 
                            • Consensus/Autocratic Decision Making 

                            Effective collaboration between US vs. Danish Profiles 
                            • Key Skills in Working Effectively with US Americans 
                            • Establishing Credibility 
                            • Communicating Effectively 
                            • Negotiating 
                            • Resolving Conflict 

                            Interactive exercise: Style switching 
                            • Bridging the Gap Exercises related to key dimensions of culture

17:15 - 17:35      Discussion and Q&A

17:35 - 18:00      Networking snack
 

Register by February 25
Price: Members of Danish-American Business Forum free of charge. Non-members: DKK 1200 + VAT.
NOTE: Cancellations less than 24 hours in advance will result in a no-show fee of DKK 400.

 

Danish-American Business Forum
Network for success in the US
www.dabf.dk

Vedbæk Strandvej 350 - 2950 Vedbæk - Denmark - Phone +45 4565 1776 - business at dabf.dk - CVR 20219394

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