6 Tips for Renegotiating Service Contracts

In this article about considerations for IT service contracts during COVID-19, Managing Director Marc Tanowitz was quoted on key advice including taking a partnership-oriented approach. Sample excerpt: "Identify areas that can drive immediate benefit. 'This may include reviewing invoices to identify errors, rationalizing spending or reducing consumption or volumes where there is flexibility to do so, leveraging contract terms that provide flexibility (such as business downturn rights), and re-architecting the solution to achieve mutually beneficial outcomes,' Tanowitz says."