Modernizing MSP Agreements for 2024: Considerations for MSP Ownership
I sat down with attorney Daniel Astin to go through the top contract changes MSPs should consider in 2024.
00:00 - Intro
01:10 - Contractually requiring cyber insurance with a notice for failure to pay.
02:24 - Should MSPs get copies of their client's cyber insurance policies?
07:15 - Limitation of Liability for 3rd party claims including software licensing vendors.
14:22 - Dealing with AI in contracts.
25:28 - Mediation vs Arbitration; knowing the difference and why they're important.
31:43 - Compliance with applicable data privacy laws.
35:20 - Should MSPs be recommending data privacy law attorney services?
37:33 - Do you need a specialist to write your contracts?
The following is for general information purposes only. This presentation is not intended to provide official insurance or legal advice. Seek competent legal counsel familiar with your circumstances.