This seminar focuses on the in’s and out’s of drafting effective statements of work. Statements of work are one of the most key elements of most professional services, outsourcing, cloud services, and software licenses. They define the services to be provided fees, project schedule, milestones, deliverables, project management, and other relevant terms for professional service engagements. While seen and drafted every day, they are undoubtedly one of the greatest source of disputes, cost overruns, and project schedule failures in these types of transactions.
Key topics to be discussed:
The information to obtain before you start drafting a statement of work
The seven key risks to avoid in statements of work
What actually constitutes a statement of work and how does it relate to the overarching agreement
Techniques for mitigating risks
Date: March 27, 2023
Michael Overly | Foley & Lardner LLP
Michael Overly is a partner in Foley & Lardner’s Information Technology & Outsourcing Group and Privacy, Security and Information Management Groups. He is one of the few practicing lawyers who has satisfied the rigorous requirements necessary to obtain the Certified Information System Auditor (CISA), Certified Information Systems Security Professional (CISSP) , Information Systems Security Management Professional (ISSMP), Certified in Risk and Information Systems Controls (CRISC), Certified Outsourcing Professional (COP), and Certified Information Privacy Professional (CIPP) certifications.
He writes and speaks frequently regarding negotiating and drafting technology transactions and the legal issues of technology in the workplace, e-mail, and electronic evidence. He has written numerous articles and books on these subjects and is a frequent commentator in the national press (e.g., the New York Times, Chicago Tribune, Los Angeles Times, Wall Street Journal, ABCNEWS.com, CNN, and MSNBC) and has testified before the U.S. Congress regarding online issues.
I. The information to obtain before you start drafting a statement of work | 2:00pm – 2:30pm
II. The seven key risks to avoid in statements of work | 2:30pm – 3:00pm
Break | 3:00pm – 3:10pm
III. What actually constitutes a statement of work and how does it relate to the overarching agreement | 3:10pm – 3:25pm
IV. Techniques for mitigating risks | 3:25pm – 3:40pm