The goal and purpose of the Management Council is to perform the tactical duties and operational leadership of the Society. According to the Society’s long range strategic plan, members of the Board will begin shifting their focus from the tactical operations of the Society to strategic initiatives and long-range planning. The duties associated with the tactical operation of the Society are now the responsibility of the Management Council. The Management Council volunteer leaders will assume the duties formerly assigned to Board members. The following roles have been filled as Senior Vice Presidents of the 2020 Management Council. Additional positions will be filled at the discretion of the Board of Directors.

Bob has been in the business of intellectual property since 1998 and has orchestrated hundreds of IP transactions around the world in multiple industries.  Bob has been active in the Licensing Executives Society (LES USA & Canada) since 1998 having served on the Board of Directors from 2012-2020, and most recently as Past President and Chair of the LES Board of Directors 2018-2019.  Other notable LES roles have been in Sector leadership, meetings planning, co-chair & co-author of the High-Tech Sector Royalty Rate and Deal Terms Surveys for 2011, 2014 & 2017 and Senior Vice President –Business Continuity.  Bob currently holds the position of Senior Vice President – Sponsorship on the LES Board Management Council.

Bob is the President of Held Intellectual Property, LLC, a full-service intellectual property business consulting firm –  From 2011 to 2016 he worked for TeleCommunication Systems, Inc. (TCS) in Annapolis, Maryland as the Vice President, Intellectual Asset Management, responsible for the strategic management and monetization of TCS’s IP portfolio. All assets of TCS were acquired in February 2016.  Immediately prior to joining TCS, Bob worked for Northrop Grumman Corporation, Electronic Systems Sector from 2003-2011 as the Director of the Intellectual Property & Strategic Technology Agreements business unit; and from 1998-2003 he worked at the IP firm British Technology Group (BTG) International.

Bob has been a Certified Licensing Professional (CLP) since 2008 and was named to the “IAM Strategy 300 – The World’s Leading IP Strategists” from 2015 through 2020.  Bob received his Bachelor of Science in Electrical Engineering degree from Villanova University and his MBA from Drexel University’s LeBow College of Business.

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Jack Lu, PhD, CFA is the Founding Partner and Chief Economist of IPMAP. An economist and financial analyst with an engineering background and research credentials, Jack specializes in economic study, financial analysis, assets valuation, and strategic advisory for IP transactions & litigation, and for IP-intensive corporate transactions and disputes in financing (VC & PE), M&A, equity investment, and distressed assets investment. Jack’s research and consulting services deliver valuation reports, pre-transaction studies, fairness opinions, market & competition analysis, pre-litigation & pre-assertion assessments, settlement & mediation packages, damage contentions, and damage estimates.

Before founding IPMAP in the spring of 2014, Jack served as Senior Economist, Director of Economic Analysis, and the Chief Economist at another economic consulting firm, where he conducted economic damage analysis for IP and other commercial litigation, developed two generations of financial distress forecast models for a major turnaround management firm, and operated the financial distress forecast & advisory practice. Prior to that, he worked briefly at a Montreal-based investment consulting firm as an investment analyst, and interned with the American Enterprise Institute (AEI) in Washington DC.

Jack is also an active researcher and publisher. His studies in intellectual property, patent markets, financial markets and other economic issues have been published by the Council on Foreign Relations, Cambridge University Press, Business Economics, Licensing Economics Review, IAM Magazine,, and Les Nouvelles, the Journal of the Licensing Executives Society (LES) International. He was an expert speaker at IP forums organized by Duke Law School, LES, London IP Summit, and other entities, and his comments have appeared in CFA Magazine, Licensing Economics Review, and LES Insight. He co-authored the High Tech Royalty Survey Reports for three consecutive Surveys in 2011 (the inaugural survey), 2014 and 2017, penning the chapters on economic and financial analysis. His most recent research can be found at his SSRN author page at

After receiving his B.E. in electrical engineering and M.Ph. in technology management, Jack studied economic policy and received his PhD from the University of Texas at Austin. He is a Chartered Financial Analyst (CFA) charter holder and a member of the CFA Institute, the National Association for Business Economics, and the Licensing Executives Society. He has been actively involved in supporting these organizations, including serving on the Executive Committees of 2011, 2014, and 2017 LES High Tech Royalty Survey.

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Jonathon Hance is both a litigator and an intellectual property lawyer. As a litigator, Jonathon is at home in the court room, where he represents both plaintiffs and defendants and works hard to enforce his clients’ intellectual property rights and data confidentiality rights, to protect his clients’ brands, to bring value to his clients in the restructuring context, and to resolve complex commercial disputes in the design and construction, real estate, energy, healthcare, and technology industries. As an IP lawyer, Jonathon works to protect and monetize his clients’ innovations and protect his clients’ brands across a variety of sectors, including the energy, real estate, and technology industries. He also advises healthcare institutions regarding corporate governance issues and patient data privacy and protection under the Health Insurance Portability and Accountability Act (HIPAA).

Jonathon has degrees from Southern Methodist University in Applied Mathematics, Computer Science, and Viola Performance and J.D. from Washington and Lee University School of Law. He is a Certified Licensing Professional (CLP), and he served as a judicial clerk to the Honorable Jennifer Walker Elrod of the United States Court of Appeals for the Fifth Circuit. Prior to the practice of law, Jonathon served as the director of information and technology for a mid-size restaurant company where he actively participated in key technology and business decisions relating to corporate back-end computing services, point-of-sale and point-of-transaction systems and web-interface design. He also served as a mathematical consultant for the Bank of America Private Bank where he developed financial portfolio projection and analysis software using the Monte Carlo method.

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Raymond Van Dyke is an Intellectual Property Practitioner at his firm, Van Dyke Intellectual Property Law, in Washington, DC. He is also an Educator on the various aspects of intellectual property, technology law and licensing. He specializes in the drafting, prosecution and leveraging of patent and trademark assets in a variety of sciences, as well as drafting patentability, validity, infringement, and freedom to operate opinions. He is the Chair of the Greater Washington, DC Chapter for LES. He teaches a number of courses on intellectual property, basics and advanced issues, the history and philosophy of intellectual property, and the history of technology, through the University of Maryland, George Mason University, NIH and other institutions. For 20 years he was an Adjunct Professor at Southern Methodist University, and has taught across the world. Mr. Van Dyke is also active in other legal groups, including being the IP Section Chair for the Bar Association of Montgomery County, Maryland, a Fellow at the American Intellectual Property Law Association (AIPLA) and a member of other Committees, such as the Programs Chair of the IP Section for the Maryland State Bar Association. He is also active in the American Bar Association IP Section, the Intellectual Property Owners (IPO) and other groups. A long-time member of LES (USA & Canada), he has been a very active leader in various special events, such as World IP Day, which is an annual celebration of Intellectual Property, as well as creating numerous damages and other symposia in the DC Chapter. Mr. Van Dyke holds a Bachelor of Science degree in mathematics/computer engineering from the University of North Carolina at Greensboro, with a Minor in Classical Greek language and poetry, a Master of Science degree in Computer Science from the University of North Carolina at Chapel Hill, and a Juris Doctor also from the University of North Carolina at Chapel Hill. He is currently writing books on technology and innovation, and the history, philosophy and importance of intellectual property.

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