Legal minds explore risks associated with technology contracts
The signing of a long-term technology agreement is certainly common enough, but according to a group of lawyers with Norton Rose Fulbright Canada LLP, there is a myriad of legal implications that need to be considered once the physical outsourcing and procurement takes place.
Exactly what those are was outlined recently at the company’s inaugural virtual technology privacy and cybersecurity summit, during an opening panel that focused on risk management in technology contracts.
According to the firm, as “businesses continue to engage in digital transformation, they are relying more and more on outsourcing and technology procurement for additional resources and expertise.”
Moderated by Liana Di Giorgio, senior associate with Norton Rose Fulbright in Toronto, the panel consisted of Janet Grove, a partner from the firm’s Vancouver office who focuses on technology and life sciences, Fahad Siddiqui, a litigation partner based in Toronto, and Nikita Stepin, a business law partner who