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The LES community drives strategy, transactions, and deals involving intellectual property, business and law to fuel the evolving innovation economy.

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Young Members Congress (YMC): The Future of LES

Calling all IP/Licensing/tech transfer professionals under the age of 40! YMC offers networking, professional growth and development support to maximize your career opportunities. Get involved and help shape the LES of the future.

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LES women members connect for networking and sharing best practices.

Public Policy and Standards Initiatives

In these ever-evolving arenas of Public Policy and Standards Initiatives, LES is on the front lines in helping to shape the future of IP commerce.

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  • Most* licensors want to be paid, of course. Other things being equal, licensors like to get as much as they can up front and nonrefundable, . . . to reduce the risk that, for whatever reasons, the licensee won’t be able to execute. For so-called running royalties, licensors don’t want to spend a lot of time and money making sure that they’re not being shorted. Especially when an exclusive license is granted, a licensor will generally want to bargain for minimum quarterly- or annual royalties (or other performance standards). Licensees, on the other hand, generally want to minimize their nonrefundable and up-front payments and their minimum-royalty obligations. For running royalties, licensees want to streamline their ongoing bookkeeping, reporting, and paperwork burdens. Both sides should have in mind that market conditions could change, which might call for change in the arrangements. This session will explore creative ways of addressing the “legitimate needs and greeds” of both sides of the table, featuring annotated license-agreement clauses based on real-world agreements. *Not including the software developers who release their code under various flavors of Free / Open-Source Software (FOSS) licenses.

  • Diverse Group of Intellectual Property and Licensing Leaders Representing Organizations of All. . .
  • Granting or recording a security interest in a patent at the USPTO does not deprive the patent. . .
  • To avoid an allegation that a patent assignor is estopped from arguing that an asserted patent is. . .