Milt Petersen, partner in HunterMaclean’s information technology and outsourcing practice group, is a presenter in the April 11 Knowledge Group webinar Third Party Relationships: Risk Management and Contract Compliance. Milt’s presentation is titled Important Factors to Consider in Contract Negotiation.
In an effort to survive in a globally competitive environment, many companies are now increasingly utilizing third-party business relationships. While third-party business relationships are perceived to be a way for revenue optimization and cost reduction, in the real world this may not be so. Vendors’ failures to perform as contractually required, as well as corruption and illegal activities by vendors, are not only often costly for companies but also make them more susceptible to regulatory sanctions. It is critical that businesses constantly police their third-party contractual relationships and always have a complete understanding of the risks present in their third-party vendor relationships. The Knowledge Group has assembled a panel of distinguished practitioners to discuss the risks involved in third-party relationships. The panel will offer insights on how to effectively manage vendor risks and help ensure contract compliance. In a two-hour live webcast, our speakers will explore the significant topics in this area, including:
– Regulatory Concerns for Third-Party Relationships (FCPA, UK Bribery Act, OFAC, CISADA etc..)
– Risk Audit and Assessment of Vendors
– Important Factors to Consider in Contract Negotiation
– Development of Effective Monitoring Systems and Training Programs for Third-Party Contract Compliance
– Best Practices for Risk Management and Contract Compliance
– And much more!
Thursday, April 11, 2013 12:00 pm – 2:00 pm (ET)
Course ID 124387: The Knowledge Group (Complementary passes are available for the first 30 registrants using this HunterMaclean link. Once those passes are claimed, attendees can register for the deeply discounted rate of $25, courtesy HunterMaclean. )
Milt Petersen is a leading information technology attorney with more than a decade of experience in the areas of information technology, outsourcing, and health care technology. He is joined by:
Robert Huff Director in the Global Investigations & Compliance, Navigant
Benjamin Britz Senior Attorney, Hughes Hubbard & Reed LLP
Paul Rainbow CPA, CISA, CIA, CISSP Manager – Information Technology, Moss Adams LLP