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Professional Services

Services Savvy: Procurement of Professional Services

Andy Banquer, VP, Quislex

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ABOUT THIS SCREEN


Designed For:

Purchasers of professional services who need a thorough review of a vendor's terms.

 

Purpose:

This screen reviews common topics and requirements of purchasers of professional services. This screen covers a wide scope of services, but does not include subscriptions or SaaS, which are covered in a separate screen. The Standards in this screen cover a wide variety of topics and weights their importance based on the author's experience negotiating these types of agreements. 

 

Limitations, Assumptions, Details:

The results of this screen may be used to assist in your review of a vendor's terms. However, this screen is not intended to cover every topic that may arise nor dictate the relative importance of each topic that is covered. Use of this screen should be in conjunction with a review of vendor terms by a lawyer or contracts specialist who understands the risk profile of your company and the context surrounding the particular relationship with the vendor. This screen does not provide legal advice. AI accuracy rates vary based on a number of factors so always double-check all AI predictions.


ABOUT THE AUTHOR


Andy Banquer

Andy Banquer

Andy is a hands-on architect and implementer of managed contract solutions. He leads a team that supports and continuously improves commercial contracting through efficient processes, right-sourcing, playbooks that enable humans and AI, and responsive customer service.

 

Prior to joining the new law industry, Andy spent over 20 years in-house with the original Hewlett-Packard Company and then with Agilent Technologies, providing responsive, pragmatic counseling to business clients and managing global teams.

 

His current focus areas include AI integration, deriving value from data, and developing team soft skills. Andy began his legal career at Thelen, Marrin, Johnson, and Bridges in San Francisco after graduating from the University of Virginia School of Law. 

 

Learn more: https://quislex.com/services/contracts