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Establishing an Effective Royalty Audit Process for University IP Licenses

Format: Live Webinar, On-Demand Video, DVD, or PDF Transcript
Tuesday, April 11, 2017 ~ 1:00-2:00 pm (Eastern Time)

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Price: $197
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Establishing an effective royalty audit process begins with assessing contract language to ensure terms are defined properly, employing a solid monitoring system, and creating clear polices to back it all up.

It’s a fact that royalties can and do get lost in translation, misinterpretation, error, confusion, and lack of oversight. Getting your royalty audit process right can help you avoid potential disputes while maintaining friendly, cooperative relationships with licensees. It can also preserve tens or even hundreds of thousands of dollars that might otherwise slip away from your TTO.

That’s why Technology Transfer Tactics’ Distance Learning Division recruited two highly experienced royalty audit professionals to lead this critical session:

Establishing an Effective Royalty Audit Process for University IP Licenses

LIVE WEBINAR | April 11, 2017 | 1:00-2:00pm ET
** CLE and CLP credit eligible **

CLICK HERE TO REGISTER OR CALL 239-263-0605

Join our session leaders from Global Royalty Audits, Inc. on April 11th when they will discuss:

  • Setting the stage: Advice for drafting royalty parameters and auditing expectations at the get-go
  • Creating a monitoring system to spot red flags early-on and maintain good relations with licensees
  • Steps for undertaking an internal audit and notifying licensee of action(s) while maintaining confidentiality
  • Using your audit policies and monitoring system to create a paper trail in the event of an external audit or litigation
  • When to engage outside auditors — is it worth taking this step? Sometimes yes, sometimes no.
  • Nuances for auditing international agreements and agreements with research sponsors
  • Resolution of audit procedures.  Program leaders share examples of courses of action and past outcomes.

PLUS: Get your royalty auditing questions answered during the interactive Q&A portion of the program.

Meet your session leaders:

Glenn TautrimsGlenn Tautrims, CPA, CA (Ontario), C.B.V.
Global Royalty Audits, Inc.

 Glenn Tautrims is a Chartered Professional Accountant and is currently a Director with Global Royalty Audits, Inc. During the course of the last 21 years, Glenn has performed royalty-related consulting services on a national and multinational basis, including starting up and overseeing the Canadian licensing management practice for a large international accounting firm.  Some of the industries Glenn has serviced include agricultural, aeronautical, applied materials, bio-tech, consumer products, high tech, pharmaceutical, publishing, software and telecommunications.  In addition to his experience in a range of industries, Glenn has presented papers and conducted seminars on various intellectual property issues including Conducting Royalty Audits and Licensing Management Best Practices and Intellectual Property and Licensing Valuations. 

Michael W. SwanMichael W. Swan, Esq., CPA
Global Royalty Audits, Inc.

Mike Swan is an attorney and Certified Professional Accountant.  He is currently the President of Global Royalty Audits, Inc.  In the past 20 years, Mike has performed more than 200 royalty examinations as part of his consulting.  Some of the industries Mike has serviced include software, hardware, bio-technical, chemical, consumer products, pharmaceutical, automotive, telecommunications, publishing and professional athletes. In addition to his experience in a range of industries, Mike written and spoken on intellectual property issues at various Licensing Executive Society and other training courses, including a session dealing with Monitoring Royalties Under Chinese License Agreements.

overseas listeners
Register Today!
Participation in the live webinar is just $197 per site and allows access to one computer for an unlimited number of people to watch. Gather your entire staff and watch for maximum benefit!

Our Guarantee of Quality and Value
We stand 100% behind the quality and value of our products. If you are dissatisfied, simply let us know and we will send you an immediate refund for your entire order -- no questions asked.

CLP and CLE Credits Available
Please review your State Bar’s policy on distance learning credits prior to submitting the non-refundable application fee. We submit CLE applications (excluding NY, NJ, IL, LA & PA) for an additional $50 (unless otherwise specified upon checkout). Approval times vary per state and cover all attorneys in attendance. Application is not a guarantee of approval and attendance forms must be submitted following the program.

CLP Credits are also available.


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