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Getting outsourcing right: Key considerations for businesses operating in the financial services industry
New Zealand: Most businesses engage in some form of outsourcing: they rely on external vendors who are expert in a field to provide them with services or a solution which they couldn’t efficiently or economically provide themselves. Doing so should give them access to state-of-the-art technology, optimised business processes, and trained personnel, which allow them to focus on what they do best: service their own clients. Read our high-level guide on getting outsourcing right in the financial services industry, and contact our experts for legal advice on your own outsourcing requirements.
People considerations in M&A transactions: The legal framework
Australia: When a business changes hands, unlike other assets, employees do not automatically transfer. The Fair Work Act 2009 (Cth) has a detailed framework for the protection of employees’ terms and conditions of employment during a transfer of business. These provisions can be complex and require careful consideration and planning to minimise the risk of non-compliance. This is the third article in a series by Employment & Safety Partner Helene Lee and Senior Associate Angela Cartwright providing insights into, and practical guidance on, workplace law considerations when navigating complex transactions.