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The ABC’s of Technology Contracting (Part I)

Michael R. Overly
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.

On-Demand: March 13, 2024
The ABC’s of Technology Contracting (Part I)

$245.00 3 hour CLE

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Program Summary

This is a unique two-part foundational course in technology contracting. In Part 1, we will discuss the basics of technology-related agreements (e.g., software licenses, cloud services, development agreements, etc.). Specific contract provisions will be covered, and many real-world examples offered to highlight key points. In Part 2, we will apply the learnings from Part 1 to an actual vendor contract, including the steps for reviewing the contract, how to prepare a thoughtful redline, developing a clause-bank, etc. No prior experience with these types of contracts is required.

Key topics to be discussed:

  • How to approach a technology contract
  • Developing a database of clauses
  • Understanding current trends and difficulties in tech contracting
  • Understanding the deal
  • The “Big Four” contract provisions
  • An overview of the most common contract provisions and negotiation points

Closed-captioning available

Speakers

Michael-R.-Overly_Foley-&-Lardner-LLP_myLawCLEMichael 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.

Agenda

I. How to approach a technology contract | 2:00pm – 2:30pm

II. Developing a database of clauses | 2:30pm – 3:00pm

Break | 3:00pm – 3:10pm

III. Understanding current trends and difficulties in tech contracting | 3:10pm – 3:40pm

IV. Understanding the deal | 3:40pm – 4:10pm

Break | 4:10pm – 4:20pm

V. The “Big Four” contract provisions | 4:20pm – 4:50pm

VI. An overview of the most common contract provisions and negotiation points | 4:50pm – 5:20pm

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