Disputes over medtech contracts are disruptive and costly. Dorothee Schramm, a partner at Sidley Austin who specializes in international commercial disputes, provides tips on how to save time and money in managing contract conflicts.

Medtech companies doing business in today’s environment inevitably need to enter into international supply and distribution contracts, licensing deals and collaboration agreements. Contracts often give rise to partnership conflicts, so inserting an effective dispute resolution clause is an important risk management tool and insurance for your business deal.

The COVID-19 pandemic is disrupting global supply chains and companies need effective tools to manage the related contract disputes. Sidley Austin partner Dorothee Schramm and senior associate Katie von der Weid, both specialized in international commercial disputes, provide tips to help companies manage the situation.