| Renewal of Outsourcing Contracts
By John A. Funk, Outsourcing Practice Chair Jones Day
According to industry sources, an unprecedented number of contracts were renewed in 2005 and this trend should continue in 2006. The renewal of an outsourcing contract represents a significant opportunity for customers to revisit the terms governing the relationship, including pricing, scope, service levels and legal requirements. Too often, customers let this opportunity pass and simply renew the contract for an additional term without considering changes in the regulatory and legal environment... More
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