A review of liability schemes across 150 recently negotiated sourcing contracts
Whether you are a customer or supplier, determining if what you are agreeing to is market standard for sourcing contracts can be very difficult.
Norton Rose Fulbright's Global Sourcing Team has conducted a review of liability schemes across 150 recently negotiated sourcing contracts, including outsourcing (ITO / BPO), IT implementation, Enterprise resource planning (ERP), data centre, software licensing and cloud computing contracts. The research covers regions across North America, Europe, Middle East and Asia Pacific and looks at liability schemes in the energy, financial institutions, communications, media and technology and transport sectors. This briefing reviews the results of this survey, and highlights basic concepts in indemnity and liability exclusion provisions.
Presentation:
- Liability schemes in sourcing contracts (pdf 3.29MB)
- Liability schemes in sourcing contracts: A global perspective (pdf 6.4MB)
Applicable documents:
- Cloud computing (pdf 2.5MB)
- Data centres unboxed (pdf 2.0MB)
- Demystifying the cloud (microsite)
- Gross negligence in Canadian energy contracts (pdf 1.6MB)
- Risk allocation provisions in energy industry agreements (pdf 1.7MB)
Norton Rose Fulbright Canada LLP
Norton Rose Fulbright is a global legal practice. We provide the world's pre-eminent corporations and financial institutions with a full business law service. We have more than 3800 lawyers based in over 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.
Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.
Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
