Procurement
A business is only as good as its suppliers and its supply contracts. Peacock Law knows the internal complexities faced by larger corporate clients in negotiating and managing their contracts with suppliers, vendors and consultants. We have worked on the procurement/transactions teams of very large Fortune-listed companies with thousands of employees as well as fast-growing mid-sized companies with hundreds of employees. Whether you have in-house counsel that needs occasional support, or you have a contracts/procurement team that needs regular legal approvals, Peacock Law can be your responsive and practical solution to managing complex contract portfolios.
We Know Your Business As if We Were Inside
Even as your outside counsel, your Peacock Law attorney will strive to get to know your products, systems and services just as well as your in-house teams. Such is vital to negotiating contracts that fit the larger corporate goals. We regularly engage with your team, check in as to status and ask for the context of your personnel’s requests.
As IP Attorneys, We Have Experience with the Complex and Technical Stuff
Procurement often involves intellectual property (IP). For example, IP is always involved in procurement situations if, for example:
- you are hiring a consultant to assist in research and development;
- your supplier is modifying or otherwise engaging in custom development of the goods or services (or software) it is providing to you; or
- your supplier is combining its products with yours.
As experienced intellectual property attorneys, we know the nuances of these issues and can ensure you maintain control over your IP. Most of us also have technical backgrounds or experience necessary to understand what things are and how they work.
We Have Seen it All
In procurement for growing companies, anything can come across your desk. We know that and are ready for it. We have experience strategizing, drafting and negotiating all manner of procurement contracts, including for example:
- exclusive or non-exclusive supply agreements for key parts, components, goods or materials;
- all manner of software licensing agreements or software-as-a-service subscription agreements;
- software custom development agreements;
- consulting agreements;
- venue agreements; and
- confidentiality agreements.
We Understand Risk
Even the most insignificant acquisition of goods or services can pose a BIG risk. We take all agreements seriously, big and small, because all relationships pose risk. As experienced transactional lawyers, we understand the nuances of indemnification, limits of liability and other risk shifting provisions, and make sure they appropriately address the risks at hand without killing the deal.
We Work Well with Your In-house Team.
We are familiar with the nuances and politics that tend to arise internally for our larger clients, and we are sensitive to them. With large teams comes greater opportunity for miscommunication and ambiguous delegations. We know how to manage that. We make it work whether you have in-house attorneys or in-house contract specialists that are not attorneys, or don’t have anyone designated at all to manage contracts.
Reach out to us to bring Peacock Law on to your procurement team.