AS COMPANIES assess their organizations for areas where efficiencies can be gained and costs cut, outsourcing has emerged as an increasingly important fiscal tool. But according to recent remarks made by a Gartner Group consultant, 2002 will be a record year for bad outsourcing deals.[1]� This may be due in part to companies having rushed into long-term outsourcing relationships for short term cost-reduction objectives in an effort to appease the market and investors. A prudent approach to outsourcing arrangements recognizes the long-term likelihood of changed circumstances, and gives both parties the legal room to reconsider the relationship.
What Is Outsourcing?
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
