IP License Compliance Reviews and Audits

John Augustyn
John Augustyn
Leydig, Voit & Mayer

John Augustyn successfully represents clients in high stakes intellectual property litigation, agreements, client counseling, and prosecution. Leveraging his prior experience in management and as an engineer at Fortune 100 companies, John understands that IP and business issues require creative and cost effective legal solutions.

Laura Shaefer
Laura Shaefer
Leydig, Voit & Mayer

Laura Schaefer is a trademark attorney with experience in trademark litigation and prosecution, as well as policing and enforcement.

Live Video-Broadcast: February 15, 2023

IP License Compliance Reviews and Audits

$195.00 1.5 hour CLE

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Program Summary

Without an IP License review program in place, compliance by both a licensee and a licensor may result in the loss of millions of dollars and significant IP rights. Licensors are losing money because over 50% of licensees underreport royalties by 6% or more, and 20% of licensees underreport royalties by 100% or more, per a recent survey. Conversely, licensees may be paying more royalties than required under the license. This webinar will provide practical tips for implementing and conducting a compliance review and audit program including the proper payment of royalties and compliance with other terms of patent, trademark, copyright, and trade secret licenses

This course is co-sponsored with myLawCLE.

Key topics to be discussed:

  • Statistics and reasons for underreporting of royalties
  • Solutions for maintaining compliance
  • Provisions to include in IP licenses
  • Review and audit process
  • Compliance with other license provisions
  • Post-termination compliance with license

Date / Time: February 15, 2023

  • 11:00 am – 12:40 pm Eastern
  • 10:00 am – 11:40 am Central
  • 9:00 am – 10:40 am Mountain
  • 8:00 am – 9:40 am Pacific

Closed-captioning available

Speakers

John Augustyn_ Leydig, Voit & Mayer_FedBarJohn Augustyn | Leydig, Voit & Mayer

John Augustyn successfully represents clients in high stakes intellectual property litigation, agreements, client counseling, and prosecution. Leveraging his prior experience in management and as an engineer at Fortune 100 companies, John understands that IP and business issues require creative and cost effective legal solutions. He has authored several articles and chapters for books, has appeared on multiple television and radio programs, has taught law school classes, and has provided over 30 CLE programs to thousands of corporate and outside counsel. His legal success has been recognized by selection to Best Lawyers, Super Lawyers, IAM Patent 1000, Top 100 High Stakes Litigators, Fellow to Litigation Counsel of America, and other honors.

Litigation

John has been lead counsel in patent and trade secret litigations throughout the country at the trial and appellate levels. He also has been lead counsel in Post Grant proceedings at the USPTO and coordinated post grant proceedings in other countries. In addition, he has litigated cases at the International Trade Commission. His litigation experience has involved several areas, including electronics, magnetics, sensors, control systems, medical devices, automotive, and consumer products.

Opinions

John counsels and renders opinions on patent infringement and invalidity including major product launches in competitive patent landscapes. These opinions often involve large patent families with multiple US patents and with existing litigations and patent office proceedings throughout the world.

Patent Prosecution

He has extensive experience in formulating patent strategies and managing patent portfolios. John manages the US and non-US patent prosecution for several international corporations. He has prepared or supervised the preparation of over 1000 US original patent applications and oversaw the prosecution of over 3000 non-US patent applications.

Due Diligence

John performs due diligence for mergers and acquisitions. The due diligence involves an analysis of the patents, trademarks, trade secrets, licenses, agreements, products, services, manufacturing processes, software, marketing, and standards by standard setting organizations.

IP Agreements

He successfully negotiates and prepares agreements relating to well-known products and brands for both the seller/ licensor and the buyer/ licensee, including patent licenses, technology licenses, trade secret agreements, joint venture agreements, trademark agreements, and research and development agreements.

Trade Secrets

John advises clients on trade secret matters including: litigating trade secret cases, negotiating trade secret agreements, advising clients on the best techniques for protecting their trade secrets, and helping clients decide whether to use trade secret versus patent protection.

 

Laura Shaefer_ Leydig, Voit & Mayer_FedBarLaura Shaefer | Leydig, Voit & Mayer

Laura Schaefer is a trademark attorney with experience in trademark litigation and prosecution, as well as policing and enforcement. Laura has negotiated numerous trademark licenses, and has been involved in compliance reviews and audits for trademark licenses. She has served as counsel for national and international clients in federal court litigations. She also has significant experience in complex inter partes proceedings before the Trademark Trial and Appeal Board (TTAB), including through trial. Laura has substantial experience with ICANN proceedings relating to domain name disputes and takedown procedures before various social media websites.

Agenda

I. Statistics and reasons for underreporting of royalties | 11:00am – 11:15am

II. Solutions for maintaining compliance | 11:15am – 11:30am

III. Provisions to include in IP licenses | 11:30am – 11:45am

IV. Review and audit process | 11:45am – 12:00pm

Break | 12:00pm – 12:10pm

V. Compliance with other license provisions | 12:10pm – 12:25pm

VI. Post-termination compliance with license | 12:25pm – 12:40pm