Transactional Services
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Vested®
We provide strategic legal and business advice based on the Vested® model. Vested® is a sourcing model, a method, a mindset, and a movement to create strongly collaborative business relationships that facilitate genuine win-win partnerships where all parties are equally committed to mutual success. A Vested strategy promotes an environment that encourages innovation resulting in improved service, reduced costs, and value creation for all parties.
A model grounded in research
Vested is based on award-winning research conducted by the University of Tennessee’s College of Business Administration. Cirio is a Center of Excellence for Vested in the Nordic region and has been involved in the development of this highly successful business model for many years. We have assisted several large Nordic companies in areas such as facility management, outsourcing of business processes, and infrastructure support and maintenance.
Five basic rules
Vested combines a relational contract with a result-based economic model implemented through five fundamental rules:
- focus on outcomes, not transactions;
- focus on what, not how;
- clearly defined and measurable results;
- an incentive-based pricing model;
- governance to create insights; not monitor.
Our Vested services
Cirio is the only law firm in the Nordic region providing advice on the Vested model. Our services in this area include:
- analyses of current contract relationships, known as deal reviews;
- strategic advice for choosing optimal sourcing models, including Vested;
- assistance in implementing Vested;
- drafting and negotiating Vested contracts;
- offering impartial advice to support organizations in Vested partnerships.
Learn more about Vested® at www.vestedway.com
