Outsourcing is a tool used by most organisations, enabling them to focus efforts on their core business. Whilst cost saving is still a real driver for any outsourcing arrangement, the use of outsourcing has matured and has become a powerful tool for driving business change.
Our award winging outsourcing team forms part of our wider commercial practice. The team was recently awarded Outsourcing Advisor of the Year by the National Outsourcing Association in the UK. We have an enviable track record having worked on some of the largest outsourcing deals of recent years.
Eversheds demonstrated a strong innovative approach, which brings together a number of services to help their clients understand and manage risk, protect their legal position and track progress when implementing outsourcing contracts.
National Outsourcing Association
Our focus is always on the key commercial drivers behind any outsourcing transaction and managing the risk appropriately, concentrating on areas such as service delivery, pricing and ensuring flexibility is embedded into the relationship. What is key in the current market is extracting value from the relationship, and our advice always helps deliver that value.
Eversheds Sutherland have developed a series of tools designed to make outsourcings more efficient and easier to manage, including:
Legal risk paper
We appreciate that outsourcings involve risk and that key stakeholders need to be made aware of the risks. We frequently report on the risks and their mitigation prior to signature and can prepare a risk paper for your Board to review, as part of its risk assessment and approval process.
Issues log
We provide an issues log to assist with negotiations which allocates responsibilities, flags timelines, tracks negotiating positions and allows the project team to sort issues and keep track of the overall deal.
Living the contract
We provide a post contract knowledge transfer to the retained function, plus education in how to avoid the regular traps.
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Commercial Law InViewThe work we undertake in Eversheds Sutherland Commercial group is wide ranging and so we thought it would be helpful to introduce the team on screen in our dedicated video gallery, Commercial Law InView. |
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