Ireland | 01 October 2010
Outsourcing is a key strategic decision for businesses, enabling more efficient operation through a focus on core areas, while leveraging the capabilities and scale of specialist service providers to effectively operate non-core areas. The economic downturn has increased the pressure on businesses, in Ireland and globally, large-scale corporations and SMEs, to maximise competitiveness while controlling the cost base. Outsourcing can be a valuable method of achieving this balance. As outsourcing transactions move further up the value chain, in-house counsel have a key role to play, both at the strategic decision stage in evaluating risks and identifying key issues, and then in implementing the decision to outsource by co-ordinating the procurement and contract negotiation process in conjunction with internal stakeholders and external advisors. This article offers an overviewof key trends and future developments in the Irish outsourcing market, together with some useful guidelines to assist in-house counsel and their organisations, both to effectively manage the outsourcing process and to achieve successful long-term outsourcing relationships.