Tech & Sourcing @ Morgan Lewis

TECHNOLOGY TRANSACTIONS, OUTSOURCING, AND COMMERCIAL CONTRACTS NEWS FOR LAWYERS AND SOURCING PROFESSIONALS
Please join us on June 14, 2023 at 12:00–1:00 PM ET as Morgan Lewis partner Don Shelkey and associate A. Benjamin Klaber discuss key insights into digital health transactions as part of our Global Digital Transformation Webinar Series. Our presenters will discuss how strategic technology and commercial transactions can enable businesses of all sizes and industries to effectively leverage technology and digital solutions to operate, modernize, and grow.
In our prior post in this two-part series on less commonly discussed technology commercialization options, we addressed how open-source software (OSS) providers may make money on their products. In this Part 2, we’ll look at another technology commercialization strategy, white labeling.
Spotlight
As part of our Spotlight series, we invited litigation partners Dana E. Becker (Philadelphia), Shon Lo (Chicago), and Krista Vink Venegas, Ph.D. (Chicago), to talk about recent trends and issues in IP-related and other commercial litigation that would be of particular interest to our readers. Dana, Shon, and Krista are deeply knowledgeable practitioners in the IP and commercial contracts space who handle a broad spectrum of leading-edge and high-profile litigation for our clients.
When the topic of technology commercialization strategies comes up, the most common options typically mentioned include the sale of a technology or building a business around technology by selling products or providing licenses or subscriptions to technology-based solutions.
Despite global shocks and forecasts of a global recession, economies in the Middle East showed "extraordinarily fast" growth in 2022, according to the World Bank. The countries of the Gulf Cooperation Council (GCC)—the United Arab Emirates, Saudi Arabia, Oman, Qatar, Kuwait, and Bahrain—all show commitment to further growth and place great value on diversification of their historically oil and gas dominated economies, with digital transformation, artificial intelligence, robotics, cloud-first, and emerging technologies at the core of their strategic development.
Please join us on May 22 at 9:00–10:00 am EST as Morgan Lewis partner Todd Liao and associate Sylvia Hu provide an update on relevant considerations for technology companies relating to China’s data privacy laws. The discussion will include an overview of China’s data privacy regulatory framework, considerations for cross-border transfers of data and technology, and compliance-related issues.
The UK government introduced its Digital Markets, Competition and Consumers Bill to Parliament for approval on April 25, 2023. The bill establishes a “pro-competition framework” for digital markets, specifically targeting a small number of tech firms with significant market power that will receive a “Strategic Market Status” (SMS) designation.
Please join us on May 10, 2023 at 12:00 pm ET to learn about key points to consider when terminating cloud service arrangements. Morgan Lewis partner Chris Archer, of counsel Emily Lowe, and associate Jonathan Traub will discuss the importance of drafting termination clauses and addressing the transition to new vendors with a view toward efficiently protecting an organization’s business interests.
A recently released Business Process Outsourcing (BPO) Market report indicates significant continued growth in the BPO sector over the next decade. The results of the study on which the report is based show an expected growth from the 2022 market of $245.9 billion to $544.8 billion in 2032, an 8.5% compound annual growth rate (CAGR).
Our presenters will address certain recommended provisions for terms of service, relevant questions to ask and issues to consider when planning to enter a new geographic market, as well as recommendations on how to manage risk with expanded regulatory requirements.