Outsourcing Technology Law

Businesses have various reasons for outsourcing legal work. Reasons companies outsource general legal work include: increased revenue generation by helping the company to transact business more quickly, managing confidentiality by moving the matter outside the local company environment, and avoiding liability. Some important reasons companies outsource technology law related transactions include:

• a lack of expertise in the technical subject matter
• a lack of knowledge concerning applicable regulations or law that is specific to technology, e.g., data privacy laws
• lack of ability to identify contract provisions that are critical in the context of a technology-centric agreement