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P23BB02SY Free Contract Law Breakfast Briefing with Terry Reid
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Free Contract Law Breakfast Briefing with Terry Reid

Mastering Risk Allocation: Navigating Contractual Rights for Economic Certainty

29 September 2023 | Cliftons Sydney | 8:30 AM – 11:00 AM (AEST)

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Contact Sushil Kunwar at 02 9080 4395 or email to register for this Free Breakfast Briefing today!


Join Terry Reid, at the Contract Law Breakfast Briefing to learn about the recent trends in risk allocation in contracts. As economic pressure builds contractual rights become crucial. Businesses need to be able to rely on their agreements and be able to enforce them if required.

Contractual rights arise as a matter of agreement but are also easily modified or removed by agreement. When reviewing contract terms, businesses need to be able to understand when they are agreeing to remove fundamental rights and how to protect themselves in the future.

Breakfast Briefing Agenda

08.30 – 09.30 | Breakfast & Networking

09.30 – 10.30 | Presentation by Terry Reid

  • How rights exist in contracts and an understanding of these rights is crucial for economic certainty. These rights are often modified in contracts by including clauses such as ‘exclusive remedy” provisions. These clauses should be the focus of analysis and their impact determined prior to the formation of the contract.
  • Recent cases are examined to determine the impact of risk allocation clauses in contracts. The Courts highlight what parties may be giving up in their agreements. Businesses need to manage the risk allocation with great care and know how they can preserve the rights and ensure the contract results in their commercial objectives being met and economic certainty.

10.30 – 10.45 | Q & A

11.00 Conclusion and end of breakfast session


Terry Reid

Terry has over 27 years’ experience as a barrister and solicitor and in the delivery of courses on a variety of legal and commercial topics, covering a wide range of audiences.

After his studies Terry spend a period in the banking and finance sector advising banks on a range of financing transactions he entered legal practice working in the corporate/commercial areas. During this time in legal practice he was engaged in teaching at universities and he now mixes teaching with legal consultancy.

Terry’s legal practice has focused on business law, contracts and corporations’ law, and has been involved in providing advice on a wide range of business transactions. His clients have ranged from small businesses owned by individuals to large publicly listed companies.

Terry regularly advises the Asian Development Bank, World Bank and Governments’ on business law reform. As well as working in Australia and New Zealand he has worked extensively in South East Asia and the Pacific. This advisory work includes the provision of advice to governments on business law policy, design of reform programs as well as drafting legislative instruments.

Combining an exceptional legal mind with business experience, Terry’s courses are delivered with a very high degree of interaction with participants gaining an insightful view of how the law can be beneficial in their business.

Terry regularly provides courses for professional organisations, public and private sector clients, advising on topics such as contract law, legal compliance in the business sector and regulatory reform in financial markets.


Cliftons Sydney
13/60 Margaret St,
Sydney NSW 2000

when & where

29 Sep 2023

Cliftons Sydney

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