345 Park Avenue
New York,
New York
10154
 212.407.4218
 212.504.2746
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Steve
A.
Semerdjian
Partner
Steve Semerdjian concentrates his practice on complex outsourcing and information technology matters. His practice includes drafting and negotiating a wide range of agreements, including domestic and international business process and information technology outsourcing agreements and technology procurement, licensing, and system development contracts, advising clients on general business, information technology and intellectual property matters.
Prior Work Experience
Prior to joining Loeb & Loeb LLP, Mr. Semerdjian was a partner in the New York office of Thelen Reid Brown Raysman & Steiner LLP.
Representative Experience
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Represented a large US life insurance company with the outsourcing of scanning and indexing functions for several lines of business to a leading service provider.
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Represented a major life insurance company in a multi-year claims processing outsourcing agreement with a leading offshore service provider.
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Represented a global commercial bank in negotiating license, development and related maintenance agreements for the acquisition of core banking software.
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Represented two major North American department store chains in a finance and accounting outsourcing transaction against a leading offshore service provider.
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Represented a joint venture consisting of the largest cable companies in the country in developing a national interactive television advertising technology platform.
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Represented a leading provider of life insurance and annuity products in a multiyear extension of an existing information technology infrastructure outsourcing contract, along with an expansion in scope of services to include application development and maintenance, in a deal valued in excess of $120 million.
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Represented a major outsourcing service provider in a global print services outsourcing transaction against an international publishing company valued at over $1 billion.
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Represented one of the largest investment and insurance companies in a suite of outsourcing transactions to multi-source its application development and maintenance activities to major offshore service providers.
Publications/Speeches
- Speaker, SIG 2012 Global Sourcing Summit (March 27-29, 2012)
- Speaker, Outsourcing in Financial Services (November 1, 2011)
- Speaker, SIG 2011 Global Leadership Summit (October 18-20, 2011)
- Author, Financial Institution Facing New Lawsuit for Offshoring Call and Data Center Services, SIG Inside Sourcing Newsletter (September 2011)
- Co-author, FINRA’s Proposed Rule on Outsourcing to a Third-Party Service Provider, SIG Inside Sourcing Newsletter (June 2011)
- Speaker, Outsourcing in Financial Services Program, New York, New York (October 19, 2010)
- Speaker, SIG Global Leadership Summit (October 5-7, 2010)
- Author, Six Biggest Mistakes in Outsourcing Contracts, Nearshore Americas (August 11, 2010)
Media Mentions
Affiliations
- Member, Editorial Board, PLC Cross-border Outsourcing Handbook (5th edition)
- Member, Sourcing Interests Group, Thought Leaders Council
Distinctions
- Named "Best Lawyer" in Technology Law, The Best Lawyers in America, published by Woodward White, Inc. (2011 and 2012 editions)
- Named "New York Super Lawyer" in Information Technology/Outsourcing by Thomson Reuters (2009-2011 editions)
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St. John's University School of Law, J.D., 1996
University of Chicago, B.A., 1991
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