By Michael R. Overly
Even top firms with subtle IT infrastructures and groups of legal professionals can locate themselves unprepared to accommodate the diversity of concerns which could come up in IT contracting. Written via pro lawyers, A consultant to IT Contracting: Checklists, instruments, and Techniques distills the main severe enterprise and felony classes discovered during the authors’ a long time of expertise drafting and negotiating IT-related agreements.
In a unmarried quantity, readers can fast entry details on nearly every kind of expertise contract. based to target a selected kind of IT contract, every one bankruptcy contains a record of crucial phrases, a short precis of what the contract is meant to do, and an entire assessment of the felony and company concerns which are addressed in that exact contract. offering non-legal pros with the instruments to deal with IT contracting concerns, the e-book:
- Contains checklists to aid readers set up key strategies for prepared reference
- Supplies references to important on-line assets and aids for agreement drafting
- Includes a CD-ROM with reusable checklists and whole thesaurus that defines key felony, enterprise, and technical terms
Costly error will be kept away from, hazard should be avoided, and higher contracts might be drafted in case you have entry to the appropriate info. choked with reader-friendly checklists, this available reference will set you down that direction. caution you of the commonest pitfalls, it palms you with little-known counsel and most sensible practices that can assist you negotiate the foremost phrases of your IT agreements with self assurance and confirm you return out on best on your subsequent agreement negotiation.
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Additional resources for A Guide to IT Contracting: Checklists, Tools, and Techniques
For example, “The license of a new expense tracking application designed to identify duplicate expenses more readily. ” • Useful Life. Establish the anticipated duration of the contract, including desired renewal terms. , if software will be implemented, the duration of that implementation)? Will services take only a few weeks or will the services extend over many months? The longer the term of services, the greater the need for contractual protections relating to project management and cost control.
In such a case, consider the following terms: • The receiving party must promptly notify the disclosing party of this requirement. • The receiving party will not release the confidential information while the disclosing party is contesting or opposing the disclosure requirement. • The receiving party must cooperate with the disclosing party and provide assistance to the disclosing party with respect to the disclosing party’s efforts to prevent the disclosure. , as a result of the disclosure, the information disclosed will not become one of the exclusions to the requirements of confidentiality in the software license agreement).
After determining which company’s form NDA will be used, your company must determine whether a unilateral or mutual NDA is appropriate. A business relationship in which both parties will be disclosing confidential information and both parties want to protect information disclosed will require a mutual NDA. However, a unilateral NDA is appropriate if information will flow in only one direction or if only one party is concerned with protecting its information. Never use a unilateral NDA protecting the other party if there is any chance that your company will disclose company confidential information to the other party or otherwise as part of the business relationship.