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More than Simply Cutting Your Losses: How Contracts and Relationship Management Can Attain Higher Levels of Procurement Value


Drive the economic value of terms and conditions through relationships, commitments, priorities, and expectations.

Every business, regardless of type, kind, or size, enters into contracts on a regular basis. Those contracts may be from vendors rendering services and products to the business or they may be contracts in which the business, itself, provides services and products to its own customers. In this presentation, we focus on better managing the contract process and third-party relationship to avoid disputes, speed negotiation, and decrease time to market. In particular, we will discuss a variety of situations arising during the preliminary pre-contract process, the negotiation process, and post-contract activities.



Michael R. Overly

Michael R. Overly

Foley & Lardner LLP

  • Partner with Foley & Lardner LLP
  • Focuses on drafting and negotiating technology-related agreements, software licenses, hardware acquisition, development, disaster recovery, outsourcing agreements, information security agreements, e-commerce agreements, and technology use policies
  • Published numerous articles and books in the United States, Europe, Korea, and Japan
  • Interviewed by a wide variety of print and broadcast media (e.g., The New York Times, Los Angeles Times, Business 2.0, Newsweek,, CNN, and MSNBC) as a nationally recognized expert on technology and security-related matters
  • Conducts seminars in the United States, Norway, Japan, and Malaysia and has testified before the U.S. Congress regarding online issues
  • One of the few practicing lawyers who have satisfied the rigorous requirements necessary to obtain the Certified Information System Auditor (CISA), Certified Information Privacy Professional (CIPP), Certified Information Systems Security Professional (CISSP), Information Systems Security Management Professional (ISSMP), and Certified Risk and Information System Controls (CRISC) certifications
  • The Legal 500 recognized him for his information technology work in the U.S., 2010–2014
  • Selected for inclusion in the Southern California Super Lawyers® list and was honored by Los Angeles magazine for this recognition
  • Recognized by Chambers USA for his IT and outsourcing work in 2013 and 2014
  • In 2014, his practice group was named one of the World’s Best Outsourcing Advisors by the International Association of Outsource Professionals

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