Saving Cost: Mitigating Risk, Minimising Liabilities and Maximising Savings
ICT departments are being asked to shelve investment plans and reduce costs, to support the need to save money and conserve cash. In this article we look at how that can be achieved against a background of supplier contracts which at best may not provide for the cost reduction activity required, and which at worst, if breached, could give rise to claims for damages which may seriously undermine cost saving objectives.
In May 2008, international law firm Hammonds became a limited liability partnership. Hammonds LLP and its affiliated undertakings has offices in Birmingham, Leeds, London and Manchester in the UK, and in Berlin, Brussels, Beijing, Hong Kong, Madrid, Munich and Paris.