Email address
[email protected]Contact number
+1 416 865 0040About
Provided by Torys LLP
Fast-paced markets, advancing technologies and a dynamic regulatory environment - Torys' Technology Practice is a nimble team that keeps pace with the industry.
We represent clients in leading Canadian transactions for the development, acquisition and licensing of technology, technology services and other forms of intellectual property. We bring to the contracting and licensing process practical advice and state-of-the-art solutions designed to address the needs of each client.
We have played a leading role in some of the largest Canadian outsourcing transactions, acting opposite leading service providers for financial institutions, telecommunications and media companies, consumer product and service companies, industrial and manufacturing companies, e-commerce companies, government agencies, life sciences companies, information technology companies and other developers and owners of intellectual property. Transactions for these clients sometimes involve new technologies, business models and legal issues.
Our end-to-end partnering, outsourcing and licensing solutions include:
- implementation and management of long- and short-term, single- and multi-vendor relationships
- technology development, business process outsourcing and managed services transactions
- joint venture licensing arrangements, including international licensing and technology transfer arrangements
- risk assessment
- ongoing evaluation and assessment
- negotiation of renewals and transition to alternative service providers
Chambers Review
Torys has a well-regarded technology group with an impressive IT offering. The Toronto-headquartered firm often assists insurance companies, banks and pension plans with technology development and licensing matters, as well as advising on outsourcing transactions. It offers impressive experience in relation to payment and card systems, with further coverage of blockchain, AI and large-scale cloud implementations.
Work Highlights
- A Torys team led by Konata Lake advised Lindsay Broadband on its sale to Technetix Group.
Strengths
Provided by Chambers
"The teams we worked with at Torys had a keen ability to distil complex and wide-ranging topics into manageable concepts. They were well informed on not only the legal developments in this space but also industry practices."
"Torys bring a highly experienced team to bear with specific experience and skills as required for each unique interaction."
"They are always ready to meet strict or tight timelines when needed, including on complex and detailed matters."
"They have diverse and deep expertise at varying levels of seniority. The more junior lawyers were supported and led very effectively by seasoned counsel."
"The team are exceptionally strong, highly thoughtful, with a ton of experience across multiple sectors and clients."
"The teams we worked with at Torys had a keen ability to distil complex and wide-ranging topics into manageable concepts. They were well informed on not only the legal developments in this space but also industry practices."
"Torys bring a highly experienced team to bear with specific experience and skills as required for each unique interaction."
"They are always ready to meet strict or tight timelines when needed, including on complex and detailed matters."
"They have diverse and deep expertise at varying levels of seniority. The more junior lawyers were supported and led very effectively by seasoned counsel."
"The team are exceptionally strong, highly thoughtful, with a ton of experience across multiple sectors and clients."
Notable Practitioners
Adam Armstrong has particular experience guiding clients through complex modernisation initiatives and also has a strong track record in outsourcing and acquisition matters. His clients include insurance and other financial services companies.
"I would recommend Adam to any client. He will redefine your sense of quality, breadth of knowledge and service, as well as depth of sophistication on complex subject matters."
"Adam is an industry leader and a valued adviser."
"Adam is incredibly available and able to jump into things quickly. He is one of the best advisers I have worked with."
"He helps with communication and breaking things down into plain English. He is all-round the strongest IT systems procurement counsel I've worked with."
"Adam is well positioned to apply his knowledge across a range of commercial transactions, especially for the financial services industry."
Joel Ramsey regularly advises leading Canadian banks on major outsourcing and technology services agreements. He is additionally well placed to advise on fintech and cloud computing mandates.
"Joel is a responsive lawyer who knows the current market trends to assist with sophisticated clients in complex regulatory environment."
"He is a trusted adviser and preferred partner for challenging transactions."
"Joel has the highest level of knowledge, expertise and experience, and absolutely outstanding customer service. He is outstanding in all respects and extremely personable, making doing business with Joel an absolute pleasure."
Ebad Rahman provides counsel on outsourcing and software development issues to a broad client base, primarily banks. He also has experience with commercial rights agreements.
"Ebad is very service-oriented. He brings great value to all files in which he has been involved. His customer service focus and industry expertise are invaluable. He is very respected."
"He has become our preferred partner in the technology space because he is customer-focused, humble and sophisticated."
"Ebad is a trusted adviser and a pleasure to work with."
"He delivers exceptional advice and does so in an accessible way, while respectful of time and the complexity of matters."