LES CLP Exam Preparation and Review Course
Date: October 19-20 | 12pm-5pm and 8am-1pm. Lunch will be provided during the first hour on Saturday and the last hour on Sunday.
Level: Advanced – More experience required, typically >3 years.
Description:
The Certified Licensing Professional (CLP) credential in intellectual property licensing and commercialization is a valuable career asset. This certification indicates to clients, colleagues and potential employers that you have advanced experience and qualifications in key subject areas. This course will provide you with a high-level overview of the major performance domains and content you may see in your CLP exam to make you feel more prepared to take the certification exam. Applicants are strongly encouraged to fully prepare to take the exam. For more information on the CLP Exam and ways to study, and to view a copy of the CLP Candidate Handbook, please visit the Certified Licensing Professionals, Inc.
Disclaimer: This course is not intended to replace exam study and professional experience.
Tuition: $749
Modules:
- Intellectual Property Protection
- Opportunity Assessment, Development, and Valuation
- Negotiation
- Agreement Development & Drafting
- Agreement Management
You will review the following topics:
- Principles and concepts from each of the five established CLP exam modules listed above
- Interactive Sample Questions from the CLP Sample Exam
What previous attendees have said:
- “All of the instructors provided personal professional experience as examples for the educational material which was greatly helpful to visualize the information and quickly get the point across.”
- “I thought it was a great overview of the material, and I feel much more confident going into the CLP exam than prior to taking the class.”
- “I realize that this course was advertised as being a refresher. However, it was a lot of information that went into detail in a very short period of time.”
- “A fun learning experience that validates your licensing expertise!”
Recommended LES courses to take in advance or equivalent experience:
- All LES Education Courses
Course Creators & Contributors:
Thank you to our course chair, past course chairs and content contributors who have developed and improved this course over time including:
Strengthening Your License – The Sequel to Mechanics of a License
Date: October 19 | 9am-1pm. Lunch will be provided during the last hour of the course.
Level: Intermediate – Some experience, typically 1-3 years, with IP licensing and interest in specific topics.
Description:
This course will build on standard clauses discussed in the Mechanics of a License course and examine less common but very useful terms that can be included in license agreements. The insights provided in this class, including the nuances of when and how to use these provisions, can help you negotiate strong and enduring license agreements.
Tuition: Members & Students: $149, Non-Members: $249
Modules:
- Non-disclosure
- Relationship Management, including Mediation and Arbitration
- Grant Backs
- Tying Purchases to the License
- Most Favored Licensee Provisions
- Personnel Support for Transfer of Information
- Agreement Assignment
- Software Escrow
You will review the following topics:
- What each of these terms mean and their limitations
- When to use or not use these terms to optimize your license agreement
- How to leverage these terms for a better deal
Recommended LES courses to take in advance or equivalent experience:
- Mechanics of a License
Recommended LES courses to take after:
- Fundamentals in IP Valuation
Course Creators & Contributors:
Thank you to our course chair, past course chairs and content contributors who have developed and improved this course over time including:
Drafting Patent License Agreements (Hosted by Finnegan)
Date: October 19 | 12pm-5pm. AND October 20 | 9am-1pm Lunch will be provided during the first hour of the course on Saturday and the last hour on Sunday.
Description:
This course will be hosted by the Finnegan law firm and will go over the essential details of how to draft an intellectual property licensing agreement based on what the two negotiating parties agreed-to. Taught by Finnegan’s Brian Kacedon, a Partner with 20+ years of experience crafting licenses, the course is based on the course that Brian has taught for many years for the Finnegan Patent Resources Group (PRG) and also his intellectual property course that he currently teaches at George Washington University.
Tuition: Members & Students: Members $199, Non-Members: $299, Students: $149
Modules:
- Part 1: Introduction to Patent Licensing and cover the craft of Drafting License Agreements, Assignments vs. Licenses, and Types of Licenses.
- Part 2: Elements of a License Agreement and cover the Opening Part of the Agreement, Definitions, the Grant Clause and Reservations, Grants for Improvements, Releases, Consideration and Royalty Clauses, Protection for Nonexclusive Licensees: Most Favored Licensee Clauses, Third Party Infringement, Best Efforts Clauses, Assignability of License Agreements, Representations and Warranties, Indemnification, Term and Termination, Miscellaneous Clauses, and Execution of Agreements.
Instructor:
Negotiation Skills
Date: October 20 | 9am-1pm. Lunch will be provided during the last hour of the course.
Level: Intermediate – Some experience, typically 1-3 years, with IP licensing and interest in specific topics.
Description:
This course builds on concepts introduced in our IP Negotiation Basics course, bringing your awareness and skills to the next level. This level goes deeper into tactics used and abused, and how to leverage interests through effective communication to drive mutually agreeable positions. Understanding these nuances is part and parcel of the art of negotiating effective, win-win license deals. Take your next step in your journey to becoming a master negotiator.
Tuition: Members & Students: $149, Non-Members: $249
Modules:
- Interests and Positions
- Power and Leverage
- People and Teams
- Negotiating Tactics
- Dealing with Uncertainty
- Positive Roadmap to Negotiating
You will learn the following topics:
- To align both parties’ interests and positions to reach a win-win
- What it means to negotiate in good faith
- How to spot and deal with tactical plays and bad-faith negotiators
- How to use leverage to offset power differentials
- How to leverage communication styles to build situational awareness
Recommended LES courses to take in advance or equivalent experience:
- IP Negotiation Basics
- Due Diligence
- Mechanics of a License
Recommended LES courses to take after:
- Strengthening your License – A Sequel to Mechanics of a License
- Foundations in IP Valuation
- LES CLP Exam Preparation and Review
Course Creators & Contributors:
Thank you to our course chair, past course chairs and content contributors who have developed and improved this course over time including:
Foundations in IP Valuation
Date: October 23 | 9am-4pm. Lunch will be provided during the course.
Level: Intermediate – Some experience, typically 1-3 years, with IP licensing and interest in specific topics.
Description:
This course will present an overview of IP valuation for non-valuation professionals. The course covers the premises and definitions of IP value at a high level and dives deeply into implementation by applying the three primary IP valuation approaches: market, income, and cost. The valuation approaches discussion focuses on how to select the most suitable approach, sources of data for implementing each approach, implementation steps and calculations, and review and benchmarking of valuation results. We incorporate many examples and hands-on group and individual exercises while also providing ways to assess risk and tools to incorporate risk into the value assessments. The course also includes a section on brand valuation and a discussion of important current events impacting IP valuation.
Tuition: Members $199, Non-Members: $299, Students: $149
Modules:
- IP Valuation: Introduction and definitions
- Premises of IP Value
- Market Approach
- Income Approach
- Cost Approach
- Risk adjustment in IP valuation
- Current issues affecting the IP Marketplace
- Brand valuation
You will learn the following topics:
- How to apply the three main methods of valuing intellectual property: Market, Income and Cost approaches
- How to incorporate risk into these value assessments
- How to approach the valuation of a Brand
- Current issues that are impacting value assessments of IP
Recommended LES courses to take in advance or equivalent experience:
- IP Licensing Basics
- Mechanics of a License
- Due Diligence
Recommended LES courses to take after:
- Managing IP Value in Startups & Early-Stage Ventures
- LES CLP Exam Preparation and Review
Course Creators & Contributors:
Thank you to our course chair, past course chairs and content contributors who have developed and improved this course over time including:
To register and learn more, visit the 2024 LES Annual Meeting at https://les2024.org/education-courses/.