A Blueprint for Value Creation
Over the years, Managed Service Providers (MSPs) have understood the critical role that recurring revenue plays in their enterprise value growth. Traditionally, hardware sales and projects offered short-term financial boosts but added little to long-term value. A shift in strategy has led to many MSPs adopting Hardware-as-a-Service (HaaS) models, which
While we’ve seen that fears about technological progress are often exaggerated, it’s important to acknowledge that each wave of innovation brings its own set of ethical and legal challenges.
This is where specialized AI lawyers play a critical role—guiding businesses through the labyrinth of regulations, ethical considerations, and contractual obligations tied to the use of
Introducing Monjur’s Contracts-as-Service with Vendor Risk Mitigation
The digital landscape is constantly evolving, and businesses need to keep pace. Nowhere is this truer than in the world of Managed Service Providers (MSPs). Not only do MSPs need to stay abreast of technological changes, but they also need to consider frequent legal updates, particularly in contracts.
Wade Tyler Millward, CRN
After an MSP lists all vendors, vendor services agreements and privacy policies, attorney Rob Scott tells MSPs to add these 38 words: ‘Under no circumstances will the customer attempt to hold the MSP responsible for the acts or omissions of third-party service providers and [the customer] agrees that their use of
James Gaskin, Channel Pro Network
A comprehensive MSA will protect your MSP business by laying out the ground rules for a customer partnership, while an SLA establishes the operational and transactional details.
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In today’s ever-evolving cybersecurity landscape, managed service providers (MSPs) are continually navigating a sea of new challenges. Clients depend on MSPs not just for the latest technologies but also for their expertise in implementing sound security measures. However, the responsibility of MSPs should not extend to liability when clients fail to follow these crucial recommendations.
Master Services Agreements (MSAs) serve as the cornerstone of operational clarity between Managed Service Providers (MSPs) and their clients. This comprehensive guide is intended for MSP owners. We’ll clarify the strategic role of insurance and the limitation of liability clauses within our industry leading templates offered through our contracts-as-a-service solution.
Together, these components create a
In the ever-changing landscape of data privacy, staying up-to-date with regulations is not only beneficial—it’s crucial. Managed service providers (MSPs) bear the responsibility of ensuring their practices align with evolving state, federal, and international laws. In recent years, we’ve seen a dramatic surge in state-level data privacy laws, creating an increasingly complex regulatory framework for
When considering your costumer contracts, the gravity of one particular clause in your Master Services Agreements (MSAs) cannot be overstated – the non-hiring clause. Allow me to elucidate why this clause is legally indispensable and how it fortifies the contractual backbone of your operations.
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Guarding Your Human Capital
Your employees are the
Artificial intelligence (AI) is transforming the legal industry by streamlining various functions and improving efficiency. One area where AI has made a significant impact is contract review, where machine learning algorithms can quickly analyze and identify critical information within documents. At Scott & Scott, LLP, we provide legal guidance and support for AI-driven contract review,
