Swingtide President Diane Carco and Senior Consultant Christopher Herman today joined legal experts Steve Gold and Brad Salmon of the outsourcing and technology transactions practice of international law firm McGuireWoods in a morning presentation to a Richmond, Virginia audience on the effect of the economic downturn on current and contemplated outsourcing arrangements.

Swingtide President Diane Carco and Senior Consultant Christopher Herman today joined legal experts Steve Gold and Brad Salmon of the outsourcing and technology transactions practice of international law firm McGuireWoods in a morning presentation to a Richmond, Virginia audience on the effect of the economic downturn on current and contemplated outsourcing arrangements.

Gold and Salmon of McGuireWoods began the session with a presentation entitled, “Getting In & Getting Out in the New World: Practical Tips for Engaging & Disengaging from Technology & Business Process Outsourcing.” Carco and Herman of Swingtide followed with, “Exposure to the Elements: The Outsourcing Health Check.” All presenters then joined in a round table discussion on engagement, disengagement, and ongoing value in outsourcing relationships.

 “Companies contemplating outsourcing are experiencing a pincer effect as they assess their business case,” said Swingtide president Diane Carco. “They need the cost benefits more than ever, but the unpredictability of domestic and international labor costs make them less comfortable projecting their anticipated savings forward.”

“For companies in the middle of an outsourcing, the same sort of uncertainty applies to ongoing benefits,” added Swingtide’s Christopher Herman. “We hope that our presentation today has helped people take a deep breath and look at ways to make sure that their outsourcing is delivering the maximum possible benefits even in these tough times.”

About Swingtide:

Swingtide, Inc. is an organization of high-value consultants with real-world experience, an analytical approach, and the ability to identify and solve IT-related business problems with well-defined methods. Its senior business and IT professionals have the experience required to solve complex business and technical problems in rapidly changing environments. Founded in 2001 with backing from FirstMark Capital and private investors, Swingtide helps its consulting clients reduce cost, efficiently outsource and effectively complete mergers, acquisitions and divestitures, and realize the benefits of new technologies in information-intensive industries including insurance and financial services.