Michael Overly is a partner in Foley & Lardner’s Information Technology & Outsourcing Group and Privacy, Security and Information Management Groups.
Ashley Kennedy is a Technology, Transactions, Cybersecurity & Privacy Practice Group member within Foley & Lardner’s Intellectual Property Department.
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Learning How to Negotiate Statements of Work: Learn the ‘real’ ins and outs of drafting and negotiating one of the most important, yet often neglected, contract documents: The Statement of Work. Statements of Work are key documents in any professional services contract and many larger software licenses and cloud services agreements. They are also critical in every outsourcing engagement. Understanding the most common pitfalls and how to avoid them is something every practitioner should know. Unfortunately, these documents are frequently neglected and deferred until after the overarching agreement is executed, when negotiation leverage is at a minimum. In this presentation, we will distill knowledge gained in drafting hundreds of statements of work.
Key topics to be discussed:
Date / Time: December 4, 2024
Closed-captioning available
Michael R. 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.
Ashley M. Kennedy | Foley & Lardner LLP
Ashley Kennedy is a Technology, Transactions, Cybersecurity & Privacy Practice Group member within Foley & Lardner’s Intellectual Property Department. Ashley provides counsel on structuring and negotiating technology agreements to create strategic and advantageous business relationships between companies. She has experience drafting and negotiating commercial agreements, including intellectual property licenses, software-as-a-service agreements, distribution agreements, master services agreements, non-disclosure agreements, and technology transfer agreements. Ashley also has experience structuring and addressing the intellectual property components of mergers and acquisitions and other corporate transactions.
Prior to joining Foley as an associate, Ashley served as an associate and summer clerk at an intellectual property-focused law firm, preparing patent applications for the USPTO. She previously worked in the engineering sector for an aerospace and defense company.
I. Understanding the interplay between the statement of work and overarching agreement | 2:30pm – 3:00pm
II. Key elements of every statement of work | 3:00pm – 3:30pm
Break | 3:30pm – 3:40pm
III. Controlling fees and staying on budget | 3:40pm – 4:10pm
IV. Example best practice language to be included in relevant statement of work | 4:10pm – 4:40pm
only $395 yearly
only $395 yearly