Many in-house lawyers and IT business executives are frequently asked to review and negotiate contracts for IT goods and services. Foley held a program in their Foley Executive Briefing Series program that provided practical drafting and negotiation tips to assist your organizations in creating IT contracts that achieve better results.
The interactive discussion was moderated by Matthew A. Karlyn, Foley Information Technology & Outsourcing Senior Counsel, and Stephen D. Riden, Foley General Commercial Litigation Senior Counsel. Taking into account today’s economic uncertainty, this session also included an extensive discussion and review of critical terms (and their meanings) that must appear in your IT contracts as well as effective negotiation strategies that can be implemented quickly.