Critical Considerations for IT Contracts: The In-House Professional’s Guide

Join Faegre Drinker Partner Ira Kalina, Associate Reeya Thakrar and Tatiana Triveri, assistant general counsel of product and privacy at Greenlight Financial Technology, as they dive into the essential contractual, operational and business considerations that in-house professionals must navigate related to software as a service, digital applications, Big Data and AI. We’ll explore critical issues such as scope and payment terms, the complexities of implementation and termination transitions, intellectual property ownership (especially in the context of AI), and the importance of defining and maintaining service levels. Additionally, we will examine the current market trends for limiting liability and AI-specific protections, and provide strategic insights on managing these processes effectively in a session focused on equipping the in-house professional with the knowledge and tools needed to excel in the ever-evolving IT contracting landscape.