Licensing Executives Society

Silicon Valley Chapter
LES SVC Annual Sponsors












Upcoming LES Events

Is the Patent Monetization Party Over?

When: November 12, 2014 11:30 AM - 2:00 PM

Where: Mariani's Inn, 2500 El Camino Real, Santa Clara, CA 95051

Sponsored and hosted by: Inflexion Point Strategy, LLC

TITLE
Is the Patent Monetization Party Over? – Recalibrating the patent risk-reward calculus in light of recent U.S. Supreme Court decisions, new USPTO procedures for challenging validity, and changes in accepted methodologies for calculating reasonable royalty damages for infringement.

DESCRIPTION
The Federal Circuit and District Courts have now begun to interpret and apply the recent U.S. Supreme Court patent decisions (Alice, Nautilus, Octane, etc) in a way which increases invalidity risk, narrows claims scope, and makes enforcement litigation less financially attractive.

At the same time, it is now easier (and less expensive) to challenge validity of issued patents in the USPTO using the AIA's Inter-Parties Review, Post-Grant Review and Covered Business Method procedures.

Finally, previously accepted methodologies for calculating reasonable royalty damages in infringement litigation are being re-examined and modified, or rejected altogether, (e.g., limited use of "entire market value" rule, proof of "causal nexus," apportionment among patented and unpatented components.)

The combined effect of these changes could be a significant reduction of NPE litigation and lower valuations in the patent transactions marketplace.

MODERATOR
Ron Laurie, Managing Director, Inflexion Point Strategy

PANELISTS
Suzanne Harrison, Director, Inflexion Point Strategy
Matthew Lynde, Vice President, Cornerstone Research
Robert Taylor, Owner and Founder, RPT Legal Strategies PC


SCHEDULE

11:30 AM - 12:30 PM Registration and Networking lunch

12:30 PM - 2:00 PM Program

REGISTRATION
Early, by Friday, November 7, 2014, 9 PM

LES Members: $45

Non-Members: $50

After Friday, November 7, 2014, 9 PM

LES Members: $50

Non-Members: $55

Register online at:
http://www.lesusacanada.org/chapters/usa/silicon-valley-chapter/november-12-2014-silicon-valley-chapter-meeting


If you experience any problems with the online registration process, please contact James House at siliconvalleywriting@gmail.com


Online Registration Deadline: Monday, November 10, 2014, 12:00 PM

After Monday, November 10, 2014, 12:00 PM, please contact James House at siliconvalleywriting@gmail.com

CANCELLATION POLICY
No refunds after Friday, November 7, 2014

Substitutions are permitted

MCLE CREDIT
This event qualifies for 1.5 hours of MCLE credit.

SPEAKER BIOS

Suzanne Harrison, Director, Inflexion Point Strategy
Suzanne Harrison is a widely read author, patent futurist, and economist. She has devoted her career to IP realization and exploitation and works with Inflexion Point's corporate clients to help them realize the true value of their intellectual property. She counsels technology-driven companies at both transactional and strategic levels. Her specialties are quantifying legal risk, forecasting patent trends and helping companies place IP bets now to ensure access to innovation and markets in the future.

Suzanne's background at the intersection of economics and IP gives her a unique view of the inner workings of the public market for patents, as well as the ability to see patterns and predict ways in which markets will fluctuate and develop. Her valuation expertise is a critical component of Inflexion Point's patent brokerage and IP-driven M&A practices.

Suzanne is a Co-Founder and Principal of Percipience LLC, a board-level advisory group focused on IP strategy and management, quantifying and mitigating IP risk, and focused innovation.

Suzanne's past work includes her role as CEO of Gathering2.0, the first peer group for IP professionals focused on quantifying legal risk and standardizing patent transaction processes and capabilities. She was previously a director of LECG (Law and Economics Consulting Group), where she led its intellectual asset management consulting practice.

Since 1995, Suzanne has led a group called the ICM Gathering, an invitation-only group of twenty leading companies that meet regularly to define, create, benchmark and test best practices in IP management. Her books draw on her work with the Gathering, and feature success stories of companies leading the way in innovative IP management.

Suzanne's books include:
Edison in the Boardroom Revisited (John Wiley & Sons, 2011)
Einstein in the Boardroom (John Wiley & Sons, 2006)
Edison in the Boardroom, (John Wiley & Sons, 2001).

Ron Laurie, Managing Director, Inflexion Point Strategy
Ron Laurie has worked in Silicon Valley since before it had that name, initially as a computer programmer and systems engineer, and then as an IP lawyer and patent strategist. In 2004 he launched Inflexion Point Strategy, the first IP investment bank. With offices in Silicon Valley, Taiwan and Singapore, Inflexion Point works with technology companies and institutional investors around the world in acquiring, divesting and investing in IP-rich companies, businesses units and technologies, and IP assets in the form of patent portfolios, exclusive field-of-use rights and related know-how. Inflexion Point's mission is to extract the unrealized value of strategic IP by increasing corporate valuation in M&A transactions, by building a defensive shield against litigious competitors and by generating additional top-line revenue via creative exclusive field-of-use licensing programs.

Ron is also the co-founder and President of Syndicated Patent Acquisitions Corp. ('SynPat') which acquires and monetizes high-impact patent portfolios using an innovative licensee-syndication model that is the first to combine defensive risk management and monetization. He is a founding member of Percipience, LLC, a board-level advisory firm specializing in IP management and competitive intelligence, focused innovation, and patent valuation. Ron has been named as one of the World's Leading IP Strategists by Intellectual Asset Management (IAM) Magazine and is on the advisory boards of the Certified Patent Valuation Analyst accreditation program and IP Management and Valuation magazine.

Prior to launching Inflexion Point, Ron was a founding partner of Skadden Arps' Silicon Valley office, where he chaired the firm's IP Strategy and Transactions Practice Group for six years and led IP teams in some of the largest high-tech and life sciences M&A, spin-out and joint venture deals ever done, worth over $50 billion in the aggregate. He was also a founding partner of the Silicon Valley offices of Weil, Gotshal and Irell & Manella.

As a lawyer, Ron advised clients in the semiconductor, computer, software, communications, media and financial services industries on IP strategy -- a subject he has taught at Stanford and Boalt (UC Berkeley) law schools.

Ron was an IP litigator for ten years, handling high-visibility patent, copyright, trade secret and trademark infringement cases in federal and state courts, including representation of Hewlett-Packard in its successful defense of the 'look and feel' copyright infringement suit filed by Apple Computer against HP and Microsoft over the Macintosh user interface.

Ron is a registered patent attorney, and a substantial part of his prior law practice involved strategic planning, competitive analysis and commercial exploitation of patents on leading-edge software-based technologies such as encryption, biometrics and internet telephony. He wrote the Priceline reverse-auction patent, which was the first Internet business method patent to attract national attention.

Ron has been an advisor to the U.S. Patent & Trademark Office, the U.S. Copyright Office, the Office of Technology Assessment of the U.S. Congress, the National Research Council, the National Academy of Science and the World Intellectual Property Organization (WIPO). He is on the Executive Council of the Berkeley Center for Law & Technology and the editorial board of The Computer and Internet Lawyer magazine and co-edited a two-volume treatise titled International Intellectual Property.

Matthew Lynde, Vice President, Cornerstone Research
Matthew Lynde provides expert testimony and consulting in applied economics. His work covers a range of cases, including intellectual property, antitrust and competition, securities litigation, and breach of contract. He has served as an expert witness in more than twenty trials or arbitrations, in state and federal courts, foreign courts, and both domestic and international arbitrations. These matters have mainly been in high-tech industries, such as computer and telecommunications hardware and software, medical and military devices, and pharmaceutical and biotech products. His testimony includes the calculation of reasonable and nondiscriminatory (RAND) royalties for standard essential patents in Microsoft v. Motorola and other high-profile cases. He also consults with high-tech clients regarding intellectual property valuation matters.

Among the other significant cases where Dr. Lynde has testified are:
Affymetrix, Inc. v. Illumina Inc.
Apple Inc. v. Amazon.com Inc. et al.
Bid for Position LLC v. Google
In re Innovatio IP Ventures LLC Patent Litigation
Johnson & Johnson Vision Care Inc. v. CIBA Vision Corporation
Medivation Inc. v. The Regents of the University of California et al.
Research Corporation Technologies Inc. v. Microsoft Corporation
Sanofi-Aventis Deutschland GmbH v. Genentech Inc and Biogen Idec Inc.

Dr. Lynde joined Cornerstone Research in 2002 and has held leadership positions in the intellectual property practice and as head of the San Francisco office. He has more than thirty years of experience as an applied economist in government, academic, and commercial environments.

Dr. Lynde originally trained in electrical engineering at the University of California, Berkeley. Prior to joining Cornerstone Research, he was a professor at City College of New York and a partner at PricewaterhouseCoopers, heading up that firm's Silicon Valley intellectual property practice.

Robert Taylor, Owner and Founder, RPT Legal Strategies PC
Robert Taylor started RPT Legal Strategies to assist clients for whom patents or some other form of intellectual property constitutes a principal component of their business model. He provides both legal and business advice to a relatively small number of such clients, with primary emphasis on dealing with intellectual property and antitrust issues in business, licensing and litigation matters.

Bob's experience includes more than 40 years of dealing with a wide range of technologies and industries in litigation, deals & mergers and investing. Prior to his work at RPT Legal Strategies, Bob was Senior Counsel at Arnold & Porter LLP, Managing Member for Mintz Levin, Partner at Howrey LLP, and Partner at Pillsbury Madison & Sutro.

Bob has served as lead counsel in dozens of patent cases involving technologies and industries that include microprocessors, medical devices, DNA arrays, pharma products, semiconductor manufacturing equipment and processes, LCD computer displays, solar cells, nanotechnologies, computer memories and graphics accelerators, microfiltration devices, automotive electronics, high yield catalysts for making polyolephins, and many more. In addition, he has counseled several venture capital firms and investment banks with respect to the business implications of intellectual property in connection with prospective investments, and represented a number of the portfolio companies in which these firms have invested as to both patent strategies and patent litigation matters.

Bob has written and lectured for more than 30 years on the strategic and tactical uses of intellectual property as part of a business model and the legal principles that govern such uses. He is an active participant in the Intellectual Property Owners Association, currently serving as co-chair of its Antitrust Committee and as a member of its Amicus Committee.

IP Year in Review

When: December 10, 2014 11:30 AM - 2:00 PM

Where: Four Seasons Hotel, 2050 University Ave., East Palo Alto, CA 94303

Sponsored and hosted by: Sullivan & Cromwell LLP

DESCRIPTION
Join Sullivan & Cromwell LLP and the Licensing Executives Society Silicon Valley Chapter as their prestigious panel of Intellectual Property experts highlight the significant issues of 2014 and beyond.

SCHEDULE
11:30 AM - 12:30 PM Registration, Networking and Buffet Lunch
12:30 PM - 2:00 PM Program

REGISTRATION
Early, by Friday, December 5, 2014, 9 PM

LES Members: $45

Non-Members: $50

After Friday, December 5, 2014, 9 PM

LES Members: $50

Non-Members: $55

Register online at:
http://www.lesusacanada.org/svc


If you experience any problems with the online registration process, please contact James House at siliconvalleywriting@gmail.com


Online Registration Deadline: Monday, December 8, 2014, 12 PM

After December 8, 2014, 12 PM, contact James House at siliconvalleywriting@gmail.com

CANCELLATION POLICY
No refunds after Friday, December 5, 2014

Substitutions are permitted

MCLE CREDIT
This event qualifies for 1.5 hours of MCLE credit.