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Information Technology
The information technology industry has become one of the mainstays of the U.S.
economy. This industry, which encompasses hardware manufacturers, integrators
and resellers, software developers and vendors, and IT consultants, in recent
years has seen a number of economic challenges including rapid technological
advances (often leading to product obsolescence), outsourcing and offshoring of
IT functions, and pressures on profit margins. These challenges have resulted in
wide variety of legal needs for this industry including intellectual property
protection and licensing, outsourcing and foreign offshoring concerns, sales and
leasing, and competitor cooperation. These challenges also require that in order
to provide
effective legal counseling to a firm in the IT industry, legal counsel must be familiar
with the technical essentials of information technology and possess an in-depth
understanding of the IT function.
Legal services include counseling and representation regarding the following:
● Hardware equipment sales and leasing
● Software licensing
● Software development contracts
● Joint ventures
● Copitition arrangements
● Service level agreements (SLAs)
● Intellectual property protection
● IT outsourcing
● IT foreign market offshoring
● IT strategic planning
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