CLE (Continuing Legal Education) credit eligible
Don’t forget to add on a professional development course while you’re here! Our courses are the most efficient, effective way to deepen your IP knowledge and deal-making skills. They’re also a great opportunity to network with industry professionals before and after the meeting – expand your network, not just your knowledge!
Courses may also be eligible for CLE (Continuing Legal Education) credit* in select jurisdictions!
Mechanics of a License
Due Diligence
IP Valuation in Early-Stage Technology
CLP Exam Review
Mechanics of a License
October 14 | 9am-4pm CT
Price – Member – $149.00, Non-Member – $349.00, Student – $99.00
Session 1: Grant Clauses
To kick off our Mechanics of a License series, we’re talking about arguably the most important clause in a licensing agreement: the grant clause. There’s something for everyone in this crash course on what’s conveyed through the execution of a license.
Session 2: Royalty Clauses
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 keep 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.
Session 3: Indemnities and Damages – A Bit of Planning Can Go A Long Way
Indemnification clauses are sometimes treated as boiler-plate clauses, reserved for a quick glance of the lawyers shortly before the execution of an otherwise negotiated agreement. In this hour, learn why that is almost always a mistake and emerge equipped with an understanding of the various types of contract damages and how thoughtfully drafted indemnification clauses can be an effective tool to manage risk.
Session 4: Avoiding the “Land Mines” of Licensing
If you’re working on a deal for a licensor—or you’re working on a deal for a licensee and want to know what provisions your licensor may ask you for—this fast-paced, one-hour session will share key provisions that you may not have included in your most important deals. Like the previous sessions in this great Mechanics of a License series from the Licensing Executives Society, this session will include specific clauses from real-world licensing documents that you can use in your own deals.
Session 5: Not to be Glossed Over: Boilerplate Clauses in Licensing Agreements
Boilerplate clauses generally refer to standard clauses in commercial contracts that aim to ensure the enforceability of the contract, protect each party against performance failures beyond its control, identify the contract’s governing law, and ascertain the mechanism for resolving disputes. Many times, the parties overlook such boilerplate clauses. This session will explain why the parties should pay careful attention to such boilerplate clauses because they can have profound effects in the event of a dispute.
Session 6: Reps and Warranties
More information coming soon.
Due Diligence
October 15 | 8am-5pm CT
Price – Member – $449.00, Non-Member – $549.00, Student – $249.00
Due Diligence is the research conducted prior to engaging in a business transaction. This course will provide guidance on how to develop and implement a due diligence strategy for a deal involving intellectual property (IP). It will discuss the What, When, Where, Who and How to perform due diligence depending on the deal and its importance to your organization.
Modules will cover aspects of technical due diligence (e.g., technical readiness), legal due diligence (e.g., ownership, remaining legal life of IP assets, freedom to operate), and Commercial and financial due diligence (e.g., market size, market growth, pricing).
IP Valuation in Early-Stage Technology
October 15 | 8am-5pm CT
Price – Member – $499.00, Non-Member – $599.00, Student – $349.00
In assessing the value of Early-Stage Technologies (very early in the development cycle) and/or Start-up companies, what should be accounted for and how? What approaches should be considered?”
Learning Objectives:
- Understanding differences in how the cost, market and income approaches are used with early-stage assets as compared with later-stage assets.
- Understanding the relationship between asset value and uncertainty/risk.
- Understanding different approaches used to account for risk in valuations.
CLP Exam Review
October 18 | 8am-5pm CT
Price – $995.00
Having the Certified Licensing Professional (CLP) credential in intellectual property licensing and commercialization is a valuable career asset. A CLP designation:
- Signifies your experience and qualifications to your clients, colleagues and potential employers;
- Shows that you understand and use the latest industry practices; and
- Demonstrates that you take your licensing career seriously.
The CLP Exam has been modified and reformatted. Are you planning on taking the CLP Exam this year? If so, prepare yourself with help from LES experts! LES is the leading association for intellectual capital management, technology, and business development professionals to achieve professional and personal success. Over 90% of those who take the LES CLP Exam Review Course pass the CLP exam!
During the course, our expert CLP-certified instructors will review and discuss:
- Principles and concepts from each of the reconfigured five established domains tested on the CLP Exam; and
- Sample questions from the approved CLP Sample Exam.
After the course, you will have access to your CLP course instructors, where you can get answers to your specific questions from these LES experts.
For more information on the CLP Exam, and to view a copy of the CLP Candidate Handbook, visit Certified Licensing Professionals, Inc.
To register and learn more, visit https://les2023.org/education/
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For the full calendar of LES education events, visit: https://www.lesusacanada.org/les-education-course-events/