Outsourcing 2020: Exit Rights Are a Key Component of Any Outsourcing Contract

Join Morgan Lewis for a discussion of key contract terms relating to exit rights and lessons learned. 

A natural part of the lifecycle of any deal is for the engagement to end, either through renegotiation, termination, or expiration. When you are a customer, the end of one deal means moving on to another solution—to different vendor(s) or back in-house.

Ensuring that you have what you need to move on is a critical component of the outsourcing contract, from access to cloud platforms, performance data, and critical tools, to hiring people and taking over critical subcontracting relationships.

Do you have what you need to exit and move on?