Royalty audits are no longer just about combing through spreadsheets and quarterly reports—they now span complex vendor relationships, platform data, embedded licensing, and AI-assisted analysis. As licensing agreements grow more digital and multi-tiered, how can licensors (and licensees) ensure compliance, minimize revenue leakage, and prepare for enforcement?
This in-person session (hosted by the LES USA-Canada Silicon Valley Chapter) will unpack the latest tools, risks, and legal frameworks that define modern royalty compliance, including the use of AI to support audits, legal research, and contract management. You’ll hear firsthand from legal and audit leaders about structuring the right contracts,tracking the right data, and executing the right audit workflows—before disputes arise.
Whether you're an IP holder, licensee, counsel, or investor, this session will help you stay ahead of the compliance curve.
Key Takeaways (Enhanced)
-
Learn how AI and legal tech platforms (e.g., Westlaw, Lexis, TR) are reshaping royalty audit workflows
-
Explore how to get into the right contracts—including key audit, reporting, and dispute provisions
-
Understand what contractual rights matter most for royalty enforcement and compliance visibility
-
Gain insight on infrastructure, sandboxing, and file access management needed to leverage AI safely
-
Compare audit vs. vendor compliance reviews—where revenue leakage can occur and how to find it
-
Learn what not to do: why third-party IP owners rarely get direct system access, and what to request instead
-
Understand the emerging standards for isolating, analyzing, and verifying third-party usage data
-
Discuss best practices in dispute resolution and royalty clause drafting that reduce litigation risk