Drafting Statements Of Work (SOWs): Structuring Terms & Conditions, & Avoiding Common Pitfalls

webinar Drafting Statements Of Work (SOWs): Structuring Terms & Conditions, & Avoiding Common Pitfalls

You Will Learn:

  • Key terms and conditions in SOWs for technology products or services
  • How to tailor the SOW to the primary technology purchase agreement (and why it’s essential)
  • Real-life SOW case studies and examples
  • How the SOW can be used as a basis for client negotiations and for resolving contract disputes
Watch the pre-recorded web conference
$365.00
 

How well-drafted are your Statements Of Work ?

A statement of work (SOW) sets the boundaries and expectations for the scope of a matter. SOWs are particularly important in the purchase of technology products or services.

When properly drafted, a statement of work sets forth the structure of terms and conditions, helps organizations anticipate areas of dispute, and streamlines negotiations for years to come.

Poorly drafted SOWs can cost your organization millions. In fact, courts have ruled that if services are not explicitly outlined in an SOW, the vendor is under no obligation to execute them!

Learning Objectives

This information-packed webinar explores tested techniques for reviewing or writing a statement of work, and best practice strategies for avoiding the most common SOW contracting pitfalls.

You’ll also learn:

  • Recent trends in technology service and product contracting
  • Key terms and conditions in SOWs for technology products or services
  • Methods to better understand the client’s goals and reflect them in the SOW
  • Best practices for educating your team on final project objectives
  • Real-life SOW case studies and examples

During this highly-informative session, our expert faculty will also discuss:

  • How to define the business problem along with acceptable outcomes and deadlines
  • How to tailor the SOW to the primary technology purchase agreement (and why it’s essential)
  • Who should have access to the first draft of an SOW
  • What to include in an SOW success statement
  • How to accurately reflect budgetary considerations
  • How the SOW can be used as a basis for client negotiations and for resolving contract disputes

Product ID: 6521

Learn Key Strategies for Avoiding the Most Common SOW Contracting Pitfalls!

Get it on demand now

Faculty

Michael R. Overly
Michael R. Overly
CISA, CISSP, COP, CIPP, ISSMP, CRISC, Foley & Lardner LLP

Michael R. Overly is a partner and intellectual property lawyer with Foley & Lardner LLP where he focuses on drafting and negotiating technology related agreements, software licenses, hardware acquisition, development, disaster recovery, outsourcing agreements, information security agreements, e-commerce agreements, and technology use policies. He counsels clients in the areas of technology acquisition, information security, electronic commerce, and on-line law. Mr. Overly is a member of the Technology Transactions & Outsourcing and Privacy, Security & Information Management Practices.

Matthew A. Karlyn
Matthew A. Karlyn
Partner, Foley & Lardner LLP

Matt Karlyn is a technology and licensing lawyer and a partner in the Technology Transactions & Outsourcing Practice with Foley & Lardner LLP. He regularly advises companies on all matters involving the commercialization of intellectual property, licensing initiatives, subscription-based economics, and the procurement and use of technology in business.

Learn Key Strategies for Avoiding the Most Common SOW Contracting Pitfalls!

Get it on demand now

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