Diploma in Cyber Law, FinTech Regulations and Technology Contracts
Course Overview
Gain exposure to strategic and drafting work in cyber, technology, fintech and e-commerce laws and contracts
This course aims to equip students on ways to manoeuvre technology contracts — from negotiation to execution and enforcement. Students will be guided on how to draft different kinds of technology contracts, and advise technology companies on the execution of software development and service level contracts, technology licenses, revenue models around open source licensing and other issues.
The key aspects of the course are:
● How to draft and issue a Change Order if software development requirements change.
● How to ensure client requirements are adequately captured while drafting contracts.
● How to implement service levels in different kinds of services and support contracts.
● Implement a system of electronic contract execution and record-keeping in soft copy mode in an organisation.
● Advise Indian and global organisations on GDPR compliance and audit.
● How to assist businesses with drafting outsourcing agreements
● Advise a bank and an NBFC in taking a decision on which activities can be outsourced.
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** The course start date and next intake date may subject to change
View MoreKey Topics
- Importance of Information Technology (IT) Law for Businesses
- Introduction to the structure of the Internet and Jurisdiction related issues:
– Understanding jurisdictional issues in cyberspace
– Understanding net neutrality and its effects
– Net neutrality and its application in India
- Identify the information systems used to record and manage data and information.
- Describe the use of software applications used for the storage, retrieval and communication of data and information.
- Maintain filing system for essential correspondence, contracts, case-related documents and specific documentation given by the authorised persons for filing.
- Describe the archiving procedures and appropriate file retention periods.
- Maintain a catalogue of the files/documentation in the office and take inventory periodically.
- Ensure data security and confidentiality protocols in managing client data
- Describe the relevant court processes, current legislation, legal processes and the required documentation
- Describe the protocol with reference to retrieval of legal documents.
- Establish that safety and security measures are in place as per the organisational procedure.
- How to achieve effective maintenance of records and documentation as an independent lawyer
- Checklist for maintenance of legal records and documentation as an independent lawyer
- Financial Administration: Describe processes and procedures for billing and recoveries.
- Maintaining spreadsheets that track costs for a client, profitability of a practice area or a monthly information system (MIS).
- Maintaining records of costs and fee receipts by verifying
outstanding balances with attorneys, clients, and service providers. - Managing legal billing software, sending invoices, collection, sending reminders to clients for payment.
- Preparing their own and the attorney’s timesheets.
- How to understand Technology Contract and Course Outcomes
- Contract (structure, grammar and formatting)
– Checklist before drafting a contract
– Introductory checklist
– Definitive contract checklist
- Data Management and security clauses in technology agreements
– Escrow mechanisms
– Confidentiality
– Data security
– Data management
– Disaster recovery - Risk management and termination clauses
– Liquidated damages
– Indemnity
– Limitation of liability
– Representation and warranties
– Term and Termination
– Reverse transition services - Payment mechanism and process
- How internet structure and jurisdiction impact technology contracts
- Boilerplate clauses in Information Technology Contracts
- How the Government of Andhra uses the PPP model for
e-Governance
- Terms of services for websites and platforms drafting terms of service for online marketplaces
- API terms of use – Analysis of conditions for use of API by Facebook, LinkedIn and other platforms
- Domain Name Assignment or Domain Name Transfer and Settlement Agreement
- Types of software licenses
- Cloud computing
- Software due diligence – Software due diligence in Mergers and Acquisitions
- Taxation of software
- Open Source licensing and copyright issues
- Major Open Source Licenses and their terms
- Outsourcing
- Technology work to Third-Party Developers
- Legal framework for structuring e-Commerce portals
– Legal issues pertaining to e-Commerce ventures
– Consumer rights in case of e-Commerce transactions
– How to enforce rights against counterfeit products sold through e-Commerce sites
– Case Study – The online fraudster - Contractual arrangements required for an e-commerce portal to function
– How to create Terms of Use and Terms of Service - Standard clauses in technology agreements
- How to draft Website Development and Services Agreement
- How to draft Order Fulfillment Agreement
- How to draft Online Shopping Site Conditions of Use
- How to draft Terms of Sale
- How to draft a Subscription of Services Agreement
Investment
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1 Installment
Two equal installments
2 Skill loan
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Skills Covered
- Advise businesses on obtaining customer consent for collection and usage of customer data
- Advise technology businesses on creation of a revenue model around open-source software
- Perform software-related due diligence in M&A transactions to discover IP ownership for appropriate business valuation
- Advise a new or existing business with legal, strategic and contractual aspects of setting up of an e-Commerce store
- Advise an e-Commerce store in executing legal documentation with vendors, customers and logistics operators
- Advise a foreign brand in setting up of an e-Commerce store in India
Who is this course for?
- Students pursuing graduation in law
- Professionals who have completed graduation in any field with relevant work experience
- Both legal as well as non-legal background persons who have experience in managing vendor-related contracts, supply chains contracts, procurement contracts, or a basic understanding of management contracts or experience of the like nature is a prerequisite for enrolling in the course
Certification
Training Partners
What to expect after the course
On completion of Diploma in Cyber Law, FinTech Regulations and Technology Contracts course, we assist potential candidates to connect with prospective employers. Here’s what you can expect.
Job Roles
Expected Salary
Key Recruiters
Litigation
Expected Salary
- 330000 /- p.a.
Key Recruiters
- Integra Software Services Pvt. Ltd.
- Quantiphi
- Creators Gurukul
Cyber Experts
Expected Salary
- 330000 /- p.a.
Key Recruiters
- Integra Software Services Pvt. Ltd.
- Quantiphi
- Creators Gurukul
Consulting Agency
Expected Salary
- 330000 /- p.a.
Key Recruiters
- Integra Software Services Pvt. Ltd.
- Quantiphi
- Creators Gurukul
Need Assistance
FAQs
- Two practical/ drafting exercises per week (50 weeks). The weekly assignment will be assessed through an online evaluation, where an evaluator would review submissions and provide feedback.
- Ten writing assignments (Articles). These will be assessed by a writing coach. A writing team will evaluate assignments and further help students get published.
- A final assessment test of 100 marks made live on LMS (https://login.lawsikho.com/) at the end of 2.5 months from the batch start date till the end of one year i.e in the 12th month. It will comprise 50 MCQs of 2 marks each, and the exam will be for 2 hours, which need to be completed in one sitting. Students can attempt the exam anytime at their convenience before the end of the course.
Note: Only one attempt is allowed for the final assessment test. - The assessment for MEPSC certification will be done separately by MEPSC through their assessment agencies. A candidate who has completed the entire course and is eligible for certification from LawSikho will be qualified to go for MEPSC assessment. This assessment will comprise a theory and practical assessment of 100 marks.
To be eligible for the certificate, a learner must complete the following criteria:
● 40 weekly exercises must be completed with a minimum of 40% scored in each of the weekly exercises.
● 10 writing assignments (Articles) must be submitted.
● 50 MCQs of 2 Marks each must be attempted. A learner must complete the following to be eligible to complete the course and obtain a certificate
● A minimum of 50% score in all the exercises allocated (with 40% average score in exercise) – Each exercise carries 10 marks.
● Writing assignments – Each writing assignment carries 10 marks.
● MCQ test- 50 Multiple-Choice based Questions of 2 marks each, totalling a 100-marks assessment. There are no passing criteria to MCQs alone, the scores will be added to the final score.
MEPSC certification will be given to the candidates who secure a minimum of 70% in the assessment conducted by MEPSC
- Managers, business heads and officers in charge of business decisions in tech companies, both in the products and services categories.
- Lawyers working for technology and e-Commerce companies
- Lawyers looking to specialise in cyberlaw, technology law, Banking and Investment Law
- Cybersecurity and data protection officers
- Lawyers looking to build an independent technology law practice
- Law students looking to work in corporate law firms or consultancy firms
- Law students looking to work in fintech companies, banks or NBFCs
Today, every big and small law firm has a dedicated technology law team. In the past, they used to have teams that were called the TMT (technology, media and telecom) team. However, at present, technology often gets its standalone practice group or team as it has far outstripped the other two sectors in the growth of legal work.
There are law firms completely dedicated to the practice of technology law. They command an incredible premium from their clients. There are few practices as rewarding as that of technology law.
The technology sector has been consistently attracting the biggest investments, which goes on to further highlight the importance of tech lawyers within law firms. Technology-related disputes and litigation is constantly on the rise. Litigators also need to learn about technology law. Big tech companies are hiring in-house technology lawyers to deal with compliances, disputes and advisory work.
The financial sector is witnessing a major digital transformation. From online brokers, crowdfunding to P2P loans, a major change is underway.
Banks, NBFCs and financial institutions are heavily investing in technology as they are faced with competition from fintech companies. Both banks and transitional financial institutions as well as fintech companies are recruiting lawyers with knowledge of fintech regulations as well as technology law. Technology contracts represent a big segment of the work. Tech lawyers work on a variety of contracts that are typical of the technology industry.
There are many independent technology lawyers catering to startups and SMEs with respect to technology contracts, tech regulations, investment and advisory work. This work also requires a high level of skills and such lawyers earn big.
We are yet just scratching the surface. As Indian technology is still nascent, the tech industry is heavily driven by foreign companies. This is expected to change as indigenous companies are developing and maturing. India has the world’s largest and cheapest technology talent. This is the biggest reason behind the inevitable growth of the Indian tech industry in the years to come. There is a lot to be done in the next five years. As a result, lawyers who can handle cross border financing transactions are in high demand. There are many think tanks and NGOs working in the area of technology law and regulations. They also hire many lawyers for legal research, policy advocacy and monitoring of legal developments. The government is increasingly empanelling and employing technology lawyers as it is entering into various technology agreements and implementing technology in various aspects of governance.
You cannot learn these things by studying any particular laws, regulations or rules (although that knowledge is important), and there are no adequate books that can help you here. Success in technology law practice requires skills that are more varied than merely knowing the provisions of various statutes.
● Government
● Regulators
● Technology product companies
● SAAS
● Technology consulting service providers
● Law firms
● Independent lawyers specialising in technology and startup space
● Digital marketing agencies
● Large conglomerates
● Big technology companies
● The course is not limited to a provision-by-provision study of statutes and associated case laws alone.
● This course is not only helpful to lawyers but even managers, directors and founders can benefit from it.
● Cyberlaw, cybercrimes, cybersecurity etc are a subset of technology law and has been thoroughly covered in this course.
● Data protection laws, including GDPR, have created a lot of work for technology lawyers
● The course trains you on the different kinds of work that is required to be performed by lawyers and other professionals.
● Hands-on practical lessons will be offered in drafting documents and developing strategies.
● You will get personal attention and coaching from the trainer, and get individual feedback on the quality of work produced
● Learners will be required to write an article every month, which will be published on the iPleaders blog or various other industry publications
● A course on professional networking will be provided for free. It will encompass CV writing and interview skills.
● On the completion of the course, students will be able to perform tasks that fall in the domain of technology law, regulation, compliances and technology contracts and be at ease with different aspects of technology licensing, due diligence etc.
- Online 24/7 access
- Access to basic study material through an online learning management system, Android and iOS app
- Study Material: Students will have access to the online materials through the learning portal.
- Practical Exercises: Two practical exercises every week, followed by written feedback
- Live online classes: Based on the exercises, there will be a live video-based online class. Doubts can be cleared and personal feedback received in this class.
- Convenient class timings: Classes are held after regular work hours. Typically, classes are kept on Sunday afternoons or
between 8-9 pm on other days.
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Be a pioneer in the Legal industry through this Diploma in Cyber Law, FinTech Regulations and Technology Contracts. Open up doors of opportunity into your future
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