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Protecting Data – Considerations for Drafting Security Schedules | Morgan Lewis - Tech & Sourcing - Vimarsana News

Protecting Data – Considerations for Drafting Security Schedules | Morgan Lewis - Tech & Sourcing

With the exponential growth of cyber threats, cloud computing and remote working, contract provisions regarding data security requirements have also expanded in size and frequency. It...

Developing a Transformation Plan | Morgan Lewis - Tech & Sourcing - Vimarsana News

Developing a Transformation Plan | Morgan Lewis - Tech & Sourcing

Over the last year, companies implemented new digital technology solutions at record levels looking to implement emerging technologies, improve the user digital experience, leverage...

Practical Tips for Amending Complex Commercial Contracts | Morgan Lewis - Tech & Sourcing - Vimarsana News

Practical Tips for Amending Complex Commercial Contracts | Morgan Lewis - Tech & Sourcing

To embed, copy and paste the code into your website or blog: Changes to complex commercial contracts are inevitable. These contracts, such as large outsourcing agreements, typically include a master services agreement (MSA) and a high number of exhibits and attachments describing the scope, performance standards, financials, and other contractual requirements in detail. Some deals can end up containing over 50–75 documents (or more!) in total. Given their strategic importance, these agreements often require numerous amendments as the relationship evolves over time and changes need to be for...

Key Considerations for Application Purchase Agreements (Part 1) | Morgan Lewis - Tech & Sourcing - Vimarsana News

Key Considerations for Application Purchase Agreements (Part 1) | Morgan Lewis - Tech & Sourcing

To embed, copy and paste the code into your website or blog: The purchase of applications (or apps) is a comprehensive arrangement that includes the transfer of a variety of rights and assets, including intellectual property (IP) rights, software, human resources, equipment, and infrastructure, as well as the transfer of related contracts, accounts, and data. In this Contract Corner, we highlight key considerations for developing an application purchase agreement. Acquisition Strategy In order to develop a successful acquisition strategy, it is key to understand the “essence” of the appli...

Service Locations and Remote Work Following COVID-19 | Morgan Lewis - Tech & Sourcing - Vimarsana News

Service Locations and Remote Work Following COVID-19 | Morgan Lewis - Tech & Sourcing

In a March 2020 LawFlash, we highlighted that restrictions on service delivery locations and remote work could become key issues during the pandemic. Remote work was one of our five key issues in outsourcing and managed services in a follow-up article in June 2020. Our experience has since proven both articles to be correct. This Contract Corner will review the specific provisions that need to be reviewed based on continued remote work arrangements. SERVICE DELIVERY LOCATIONS Service agreements (including templates) may specify service delivery locations from which the supplier is permitted...