The procurement of IT services, whether in-bound procurement or outsourcing of IT and business processes, is complex and expensive. Most software transactions now involve significant services, including software development, so even modest procurements can cost hundreds of thousands or millions of dollars. IT outsourcing often involves multi-year commitments valued in the tens or hundreds of millions of dollars. This advanced course will focus on these two sides of IT services procurement, exploring common issues and ways to limit monetary and outcome risks. Topics will include how to optimally structure negotiations and draft key contract provisions.