The use of contracts to govern relationships with outside partners is an inevitable part of doing business. With all of the demands on companies to keep up with rapidly evolving technology, the need to find partners that can understand and carry out high-tech processes is especially important. As companies sign more outsourcing contracts, more potential points of disagreement—and in the worst case, litigation—can arise.
A recent webinar from law firm Mayer Brown, titled “Good Deals Gone Bad—Technology Dispute Resolution: Tips for Avoiding Disputes and Prevailing When Disputes Are Inevitable,” provided attorneys with advice on handling these contracts in a smarter way, in both the drafting and management stages. Below are four key insights that the two lawyers running the webinar—Robert Kriss, a partner in Mayer Brown’s litigation and dispute resolution practice; and Daniel Masur, a partner in the firm’s business and technology and corporate and securities practices—offered about how to do contracts right.
1. Build in Your Leverage Points
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