When it comes to IT contracts, the spotlight is often on the beginning or end of the contract lifecycle—drafting a new agreement or termination. However, one of the most critical yet challenging aspects is managing long-term contractual relationships and the historical complexities they bring. Over time, contracts require amendments to ensure they remain aligned with evolving business priorities and regulatory landscapes, such as the Digital Operational Resilience Act (DORA). These updates are not merely administrative tasks but strategic opportunities to adapt terms, ensure compliance, and protect business interests.
This session explores the complexities of long-term agreements, including internal drivers such as shifting business needs and external pressures like regulatory requirements. It highlights how understanding the underlying factors behind contract changes can enhance your negotiating position and support outcomes that best serve your organisation.
In this session you will learn:
- How to understand the strategic importance of amendments in maintaining alignment with evolving business needs and regulatory landscapes?
- How to prepare for effective negotiations by analysing the motivations behind proposed changes?
- How to seamlessly integrate amendments into your contract lifecycle management processes?
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