| | | Start 2012 off Right with Webinar Wednesdays! | | | FINANCIAL ELEMENTS OF IP CONTRACTS
Wednesday, January 11, 2012
1 PM EST / Noon CST / 11 AM MST / 10 AM PST (90 Minutes) This webinar navigates the nuances of drafting key financial terms for license agreements and shows how proper monitoring and auditing should occur once a deal is in place. Lawyers involved in drafting license and other self-reporting contracts typically understand boilerplate provisions but not the financial nuances that are subject to high degrees of interpretation that eventually costs licensors significant money and business relationships. Billions of dollars are lost annually and significant litigation results from poorly thought-out critical financial, monitoring and auditing terms. Unfortunately, these shortcomings are generally not discovered until a royalty audit or in litigation, at which point it's often too late to undo the damage, leaving the licensor with no choice but to accept pennies on the dollar or the inability to terminate a poor agreement. A typical royalty audit discovers monetary underreporting discrepancies in excess of 20% often due to poor license agreement language and monitoring. This webinar will cover the most common financial terminology mistakes that occur in almost every license agreement and the importance of selecting the proper royalty audit expert.
INSTRUCTOR
Sidney Blum, CPA, Partner, Green Hasson Janks CLE
This program is approved by the California and Illinois bar associations for 1.5 hours of self-study CLE ethics credit. Other states may recognize similar credit hours 
| | | | Coming Soon! Virtual CLP Exam Review Course | Launching February 2012
| The Virtual CLP Exam Review Course will provide you with the tools and resources to create your own exam preparation experience. Gain access to over 12 hours of content preparation, collaborative groups, interactive quizzes, discussion forums, live documents, and expert faculty Q&A.
Earning the CLP credential establishes credibility among your colleagues, shows you understand and utilize the latest industry practices, recognizes your experience and qualifications, and demonstrates your commitment to professional development.
Learn More about our CLP Exam Review Resources | | | | | | Stay Tuned for Webinar Wednesdays! | | | Mark your calendars for Webinar Wednesdays, the second Wednesday of each month, in 2012. | | |  | | | Upcoming Topics | | | Financial Elements of IP Contracts
January 11, 2012 Business Aspects of Patent Reform
February 8, 2012 Patent Strategy
March 7, 2012 Structured Innovation and Intellectual Property
April 11, 2012 Antitrust Implications of Patent Licensing
May 9, 2012 Top 10 Things You Need to Know About Licensing in 2012
June 13, 2012 Interested in having your team members join you on the webinar? The LES Webinar Company Subscription will allow you to add additional listeners at a reduced price. | | | | | | | Upcoming Courses | | | IP & Licensing Basics: A One-Day Review
February 13, 2012
Houston, TX
CLP Exam Review Course
March 14, 2012
Anaheim, CA Masters Class: Principles and Practices of Intellectual Asset Management
March 26-29, 2012
Mintz Levin, LLP
San Diego, CA
LES University
July 16-19, 2012
The Sutton Place Hotel
Chicago, IL
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