Tech Transfer Central

Faculty Consulting Agreements: Mitigating COIs while Supporting Faculty Inventors

Format: On-Demand Video/Transcript, or DVD
Originally presented: Wednesday, October 21, 2020
Price: $197

Technology Transfer Offices have seen a dramatic increase in faculty engagements with private sector entities, often involving a consulting or other direct agreement that provides the company with access to the innovator to further develop a technology or company.

Simultaneous with this trend is the ever-present need for universities to maintain integrity in research, particularly with regard to conflicts of interest. This overlap — of consulting engagements with the university’s COI concerns — requires careful management and oversight in order to work effectively.  Policies and procedures should provide clear structure and implementation, from oversight in the actual agreements to effective conflict of interest management frameworks. 

While these potential conflicts are often managed by academic units, TTOs typically have a unique relationship with both parties of the agreement and must take steps to understand these agreements while coordinating and conveying policies, procedures, and mission clarity to faculty inventors and to the companies it engages with to avoid common issues and pitfalls.

That’s why Tech Transfer Central has tapped a leading attorney expert for this important webinar:

Faculty Consulting Agreements: Mitigating COIs while Supporting Faculty Inventors

We’ve teamed up with attorney K. Lance Anderson to provide you with clear guidance on the critical policies and procedures need to mitigate COIs associated with your faculty’s consulting agreements.

Here is a quick look at the agenda:

  • Brief Anatomy of Consulting Agreements
  • Research Integrity and Conflicts of Interest
  • Conflicts of Interest Policies
  • Conflicts of Commitment Policies
  • Management of Conflicts
  • University Participation in Consulting Relationships?
  • Common Issues and Pitfalls in Consulting Agreements
  • Solutions to Implement

Meet your presenter:

K. Lance AndersonLance Anderson
Member and Deputy CEO
Dickinson Wright, PLLC

Lance Anderson has extensive experience preparing and negotiating technology and intellectual property-focused transactions, as well as technology aspects of mergers and acquisitions, joint ventures, and other complex commercial transactions. A registered patent attorney, Mr. Anderson also conducts patent prosecution, due diligence for licensing and acquisitions, technology agreements, strategic planning, trade secrets, employment mobility, and related operational legal issues.

Prior to private practice, Lance served for over ten years as in-house counsel and lead intellectual property attorney for both a large public research university system and an early-stage venture capital company, overseeing all facets of intellectual property development, management, and transactions. His experience and background contribute to skill sets applicable to technology transfer and emerging technology.

Lance represents universities, foundations, and start-up clients within the innovation and research enterprise, including with regard to licensing, R&D, policy development, clinical and regulatory matters, strategic collaborations, CRADAs, manufacturing, distribution, engineering services, institutional technology transfer, confidentiality and materials exchange, and related strategic alliances. In addition to representing clients on intellectual property issues, he has been involved in many aspects of corporate law, operations, venture financing, and litigation.

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