In a post COVID-19 economy, corporations and their in-house legal department aren’t any more eager than they were before the pandemic to waste time and money on a vendor relationship or service that quickly fizzles out. But the pandemic could offer additional reasons for corporate legal departments to investigate the long-term health of outside providers before signing on the dotted line.
While speaking during a recent webinar series hosted last month by Corporate Counsel, John Albright, chief legal and compliance officer at Hub International Ltd., indicated that the stakes around in-house’s due diligence with vendors may have risen.
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