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License Executive Society USA & Canada

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Seeking your program ideas and participation interest
 – You are the main reason why LES Silicon Valley is so successful. Your involvement, your energy and innovation help our entire community. If you have a suggestion for future programs, click here to complete and submit the Program Submission Form - .  Any questions, please contact us at admin@les-svc.org.


    • 5 Nov 2025
    • 8:00 AM - 9:30 AM
    • WEBINAR

    LES-SVC Webinar: 

    IP Valuation in Special Situations - Part 4 of 4-Part Webinar Series:

    "Uncovering the Full Value of IP Assets in Divorce Cases"

    Wednesday, November 5, 2025
    8:00 a.m. - 9:30 a.m. PT

    REGISTER FOR FREE

    Program:

    Join us for Part 3 of the IP Valuation in Special Situations webinar series, led by IP valuation expert and LES Board member, Efrat Kasznik, as she explores how IP is identified, valued, and divided in divorce proceedings. With approximately 50 percent of all U.S. (first or second) marriages ending in divorce, the proper identification and allocation of all marital assets is critical. Tangible assets, like bank accounts and real estate, are relatively straightforward to identify and value. On the other hand, IP assets, also referred to as “intangible assets,” are much more difficult to identify and value.  As a result, patents and other IP assets in divorce cases are often treated as an afterthought or are completely ignored. Using real-world case studies, Efrat will go over the steps for identifying and valuing intangible assets in divorce cases, what are some of the unique challenges when it comes to documenting the timeline and ownership, and what are some creative solutions for bridging the gap between the parties.

    Speakers:
    Efrat Kasznik, LES-SVC Chair, LES Board Member, President, Foresight Valuation Group   LinkedIn
    Efrat is an IP valuation and strategy expert with more than 25 years of consulting experience assisting clients with the valuation, strategic management and monetization of their intellectual property and technologies. She is president of Foresight Valuation Group LLC – a Silicon Valley-based IP valuation and litigation consulting firm – as well as a start-up advisory firm. Efrat is also an appointed lecturer on IP management at the Stanford Graduate School of Business (GSB), where she lectures on IP issues at the GSB’s MBA and executive education programs. Efrat specializes in analyzing IP and technology portfolios for a range of business transactions, including mergers and acquisitions, financial reporting, technology commercialization and business liquidations. She frequently testifies as an expert witness in legal cases involving damages or valuations of intellectual property and start-ups, as well as in high net worth divorce cases involving the valuation of intangible assets and technology startups. Efrat has been listed on the IAM 300 list of World Leading IP Strategists every year since 2013. She is actively involved in leadership roles with LES USA-Canada, where she currently serves as a board member, in addition to serving as Chair of the LES Silicon Valley chapter.

    • 12 Nov 2025
    • 11:00 AM - 2:00 PM
    • KPMG Silicon Valey Office, 2755 Augustine Drive Suite 701 Santa Clara, CA 95054


    November LES Silicon Valley Chapter In-Person Event

    “Royalty Compliance in the Age of AI: Audits, Disputes, and the Contracts That Matter

    Wednesday, Nov. 12, 2025

    11:00 a.m. – 12:00 p.m. – Registration, Lunch & Networking
    12:00 p.m. – 1:30 p.m. – Program
    1:3
    0 p.m. – 2:00 p.m. – Post-Session Networking

    Location: KPMG Silicon Valley Office

    2755 Augustine Drive, Suite 701
    Santa Clara, CA 95054

    Thank you to our meeting sponsor:

    PROGRAM

    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 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
    Who Should Attend: Licensing Professionals, Intellectual Property Managers, Finance and accounting professionals, Inventors, Entrepreneurs, Business Development Executives, Investors, and Attorneys


    Speakers & Moderator

    Braden Weatherhead, Managing Director, KPMG Advisory / IP Compliance  LinkedIn

    Braden is a Managing Director and KPMG’s commercial line of business leader for contract compliance. He has over sixteen years of experience in providing royalty audit services to multinational organizations in a variety of industries including High Technology, Semiconductors, Consumer Products, Diagnostics, and Pharmaceuticals.  Braden has deep experience in helping to establish and execute global contract compliance programs combining elements of data analytics, royalty monitoring, audit targeting and remediation. He has led the development of cloud-based data aggregation, monitoring and executive dashboard tool to help better identify licensee compliance issues which range from erroneous reporting, low royalty payment and fraud. He has significant experience successfully managing relationships between potentially contentious third parties in an audit environment. Braden is also well versed in performing advanced data analytics and has developed analytical tools to implement proactive monitoring solutions leveraging third party data.  All together, these programs have resulted in the identification of over $300 million in overpaid rebates & discounts while strengthening contract lifecycle management and strategy.  Braden is a Certified Public Accountant and member of the AICPA.


    Michael Zachary, Partner, Bunsow De Mory LLP LinkedIn 

    Michael is a trusted legal strategist for IP enforcement and defense, with deep litigation experience across licensing disputes and royalty underpayment cases. As a partner at Bunsow De Mory, Michael focuses his practice on intellectual property litigation and licensing, and regularly represents clients in patent infringement, trade secret, trademark and other intellectual property litigation cases. He counsels clients on a variety of technology and intellectual property agreements, including design and development, manufacturing and supply, product evaluation, and patent and trademark license agreements. He has represented large, mid-size, and start-up companies based in the United States, Japan and Europe, including Volkswagen, Bradium, Skype, Amazon, Wacom, PRISM Pharma and Boston Scientific. In 2016 and 2017, he was recognized as a California “IP Star” by Managing Intellectual Property. He is also a cellist who performs with two local orchestras and with area chamber groups.


    Moderator: Michael Pierantozzi, Co-Chair and Board Member, LES-SVC (IAM Strategy 300)  LinkedIn

    Based in Silicon Valley, Michael is a technology and intellectual property (Tech/IP) entrepreneur, strategist and transaction expert. Andiamo Associates is a management consulting firm that specializes in Tech/IP business catalyzing and monetizing matters. Previously, Michael was responsible for strategic business development, including sales, acquisitions, and licensing for the IP Licensing group at Hewlett Packard Enterprise (HPE), and served as Director of KPMG's IP Consulting practice. Previously, Michael held executive leadership positions at Hewlett-Packard Company (HP) including HPE, Intellectual Ventures (IV), IPotential, and an IP transaction data services startup that he co-founded. Since 2009, Michael has been recognized by Intellectual Asset Management (IAM) Magazine in their IAM 300 rankings as one of the “World’s Leading Intellectual Property Strategists”. He is a frequent speaker at Tech/IP industry events in the US, Europe, and Asia, and has delivered IP management seminars at Stanford University.


    Registration

    Free for LES Members and Guests. Register Now


    Thank You to Our Host and Sponsor


     We are grateful to our longtime LES-SVC community partners at KPMG for hosting this important conversation for the third consecutive year. Their leadership in shaping dialogue around IP management and licensing revenue compliance continues to elevate the IP ecosystem in Silicon Valley.

    Past LES-SVC Events at KPMG:

    • 2 Dec 2025
    • 8:00 AM - 9:30 AM
    • WEBINAR

    LES-SVC Webinar Meeting: 

    IP Valuation in Special Situations - Part 4 of 4-Part Webinar Series:

    "Unlocking Value in the Digital & AI Economy"

    Tuesday, December 2, 2025
    8:00 a.m. - 9:30 a.m. PT

    REGISTER FOR FREE 

    Program:

    The final session of our IP Valuation in Special Situations series dives into the frontiers of IP and company valuation in today’s fast-moving digital landscape. From blockchain tokens to AI-driven enterprises, discover how leading valuation strategies are adapting to entirely new asset classes. Our speaker will share real-world insights on pricing digital tokens, quantifying the worth of data sets for training and licensing, and understanding the forces behind headline-grabbing AI company valuations. Join us for this forward-looking session to explore the trends, tools, and market signals that every IP professional needs to navigate in the rapidly expanding digital and AI economy.

    Reading materials: "Closing the intangible valuation gap in M&A deal pricing" (IAM Media, Oct. 7, 2024).

    Speakers:
    Efrat Kasznik, LES-SVC Chair, LES Board Member, President, Foresight Valuation Group   LinkedIn
    Efrat is an IP valuation and strategy expert with more than 25 years of consulting experience assisting clients with the valuation, strategic management and monetization of their intellectual property and technologies. She is president of Foresight Valuation Group LLC – a Silicon Valley-based IP valuation and litigation consulting firm – as well as a start-up advisory firm. Efrat is also an appointed lecturer on IP management at the Stanford Graduate School of Business (GSB), where she lectures on IP issues at the GSB’s MBA and executive education programs. Efrat specializes in analyzing IP and technology portfolios for a range of business transactions, including mergers and acquisitions, financial reporting, technology commercialization and business liquidations. She frequently testifies as an expert witness in legal cases involving damages or valuations of intellectual property and start-ups, as well as in high net worth divorce cases involving the valuation of intangible assets and technology startups. Efrat has been listed on the IAM 300 list of World Leading IP Strategists every year since 2013. She is actively involved in leadership roles with LES USA-Canada, where she currently serves as a board member, in addition to serving as Chair of the LES Silicon Valley chapter.

     Lynn Dudinsky, LES-Connecticut Chair, Vice President, Foresight Valuation Group LinkedIn

    Lynn Dudinsky is Vice President of Foresight Valuation Group, an IP valuation, strategy, and economic consulting firm, where he has worked for the past decade to support clients in their development of an active approach to managing their intangible assets. Mr. Dudinsky’s work encompasses all areas where intellectual property and technology valuation is needed and has included M&A support, Investor/Startup support, Litigation services and Digital Asset valuations such as cryptocurrencies and other blockchain technologies.  Prior to joining Foresight, Mr. Dudinsky worked for the patenting group of Samsung Research America in Silicon Valley, where he performed research and evaluated inventions originating from Samsung’s labs and supported the efforts to secure global IP protection for Samsung, while interacting with cutting edge technology, many of which was in the wearable, software and IoT space. He also drafted patent applications and interacted with the USPTO while working for a patent prosecution firm during his time at Santa Clara School of Law.

Past events

10 Sep 2025 LES-SVC Sept. Chapter Event “Copyright, Fair Use and AI: The Current State of the Law”
26 Aug 2025 LES-SVC August Chapter Meeting: IP Valuation in Special Situations - Part 2 of 4-Part Webinar Series: "Role of IP in Shaping Smarter Startup Investment Decisions "
20 Aug 2025 LES-SVC August Chapter Social: Explore Nature & Network-LES-SVC August 20-Portola Valley
9 Aug 2025 Successful Inventing Series: Successful Inventing: Marketing and advertising (USPTO & LES-SVC)
23 Jul 2025 LES-SVC July 2025 Chapter Meeting: "Navigating the Evolving Landscape of Life Sciences Licensing: Trends, Challenges, and Opportunities"
12 Jul 2025 Successful Inventing Series: Early-Stage Funding (USPTO & LES-SVC)
24 Jun 2025 LES-SVC June Chapter Meeting: IP Valuation in Special Situations - Part 1 of 4-Part Webinar Series: "Closing the Intangible Valuation Gap in M&A Deal Pricing"
22 May 2025 LES-SVC May Chapter Meeting: "What Silicon Valley needs to know about the UPC in 2025"
10 May 2025 Successful Inventing Series: Licensing your product or concept (USPTO & LES-SVC)
17 Apr 2025 LES Silicon Valley Chapter (LES-SVC) 21st Annual Chapter Conference (AC2025)
20 Mar 2025 WEBINAR: THE FUTURE OF STANDARD ESSENTIAL PATENTS (SEPS)
14 Mar 2025 Managing IP Value in Startups & Early-Stage Ventures (Event Filled--Waiting list available)
21 Jan 2025 Silicon Valley Chapter: U.S. IP Year in Review: Looking Back at 2024
19 Nov 2024 Silicon Valley Chapter: Valuable Insights: "From Problem to Profit: AI-Driven Innovation and Licensing”
31 Oct 2024 CIPU Sponsorship Opportunity:"Understanding IP Matters" Industry-Leading Podcast
20 Oct 2024 LES 2024 Annual Meeting - "Better Living Through Intellectual Property" Laissez Les Bon Temps Rouler
25 Sep 2024 IAM Live: Trade Secret Strategy USA - San Francisco
17 Sep 2024 SVC Event: AI and the Law: What You Need to Know Today
5 Sep 2024 Unlocking Success: CLP, Inc. Inaugural Networking Event!
31 Aug 2024 Passionate about IP? USIPA One-Year Internship Opportunity
7 Aug 2024 Explore Nature & Network-LES-SVC August 7-Portola Valley
17 Jul 2024 Free Webinar - Data Monetization and Valuation in the Age of AI
17 Jun 2024 LES Virtual Education Course: Managing IP Value in Startups & Early-Stage Ventures
20 May 2024 AI Unleashed: Unicorn or Trojan Horse?-20th Annual Silicon Valley Chapter Conference -5-20-24
1 May 2024 Invention-Con Kicks off at USPTO Silicon Valley
25 Apr 2024 April 25 MEETING POSTPONED: “From Problem to Profit: AI-Driven Innovation and Licensing”
28 Mar 2024 IPAS 2024 - "AI + IP = ?"
27 Mar 2024 The Ubiquitous World of Internet of Things (IoT) Connected Devices – and the Coming Tsunami of Patent Licensing
15 Feb 2024 2023 U.S. IP Year in Review: 12 Months in Just 90 Minutes!
30 Jan 2024 FREE WEBINAR-Can You “Just Do the Deal?” Ethics in Negotiations and Transactions
13 Dec 2023 POSTPONED TO JANUARY 2024-Can You “Just Do the Deal?” Ethics in Negotiations and Transactions
14 Nov 2023 Silicon Valley In-Person Event 11-14-23 - Jim Pooley: How to Manage Trade Secrets Without Breaking a Sweat
9 Nov 2023 IAM Live: IP and Emerging Technology USA 2023
25 Oct 2023 FREE Webinar 10-25-24: Comparative International Commercial Arbitration
15 Oct 2023 LES 2023 Annual Meeting - It's Not Too Late!
19 Sep 2023 LES-SVC Free Event 9-19-23: Thinking Outside the Lab: Opportunities at the intersection of healthcare data, licensing, and AI
29 Aug 2023 LES-SVC & APABA 8-29-23 Free Event: Is Unauthorized Copying an Infringement or Fair Use?
21 Jun 2023 Perspectives on IP Licensing in the Semiconductor Ecosystem
14 Jun 2023 USPTO Comp Program-Successful Inventing: Early-stage funding
25 May 2023 Women of Silicon Valey
24 May 2023 Sharing the Benefits of Federally Funded and Academic R&D Investments with the Private Sector
15 May 2023 IPWatchdog
9 May 2023 California Life Sciences - Biotech Primer: BioBasics 101: The Biology of Biotech for the Non-Scientist
8 May 2023 USPTO Artificial Intelligence Inventorship Listening Session - West Coast
2 May 2023 IP Counsel Cafe Annual Palo Alto Meeting
2 May 2023 Comp Virtual Webinar-2023 IPAS "Bridges, Not Barricades"
30 Apr 2023 LESI International Annual Conference: Leveraging Intellectual Property to Enable Innovation and Créativité for an Inspired Future
26 Apr 2023 2023 World IP Day 4-26-23 - Free Webinar - Women and IP: Accelerating Innovation and Creativity
22 Apr 2023 USPTO Silicon Valley "Successful Inventing" Series: Product development
19 Apr 2023 U.S. Global Security and Intellectual Property: An Insider's Perspective - April 19 In-person event
1 Mar 2023 Europe's New Unitary Patent and Unified Patent Court – Impact on Patent Strategy, Litigation and Licensing
18 Jan 2023 2022 U.S. IP Year in Review
16 Nov 2022 Battling Over Content Protection: Prince, Andy Warhol, Hermes, Tarantino, Nike, Satan Shoes, Kim Kardashian, blood droplets, AI-generated art, NFTs and more!
21 Sep 2022 What's Ahead with Fintech, Blockchain & Its Progeny? Ambitions for, and impacts of DeFi, Web 3.0 & the Metaverse
15 Jun 2022 Cannabis, Intellectual Property, and Commercialization
24 May 2022 Legal Fallout from the Ukraine War and Other Global Tensions: The Latest in Sanctions & Export Controls
15 Mar 2022 You Won't Believe What They Sold! Lessons From 10 years of Patent Market Analysis
3 Feb 2022 IP Year 2021 in Review
17 Nov 2021 Advancing Diversity in the Innovation Cycle
26 Oct 2021 Combining Trade Secret and Patent Protection in an Integrated IP Strategy
21 Jul 2021 Emerging from the Pandemic - Silicon Valley Perspectives & Celebrating Larry Udell’s 90th Birthday!
10 Jun 2021 IP Valuation in Deal Making: Emerging Assets and Opportunity
19 May 2021 Trends in Securing and Enforcing Trade Secrets
21 Apr 2021 Collateralizing IP and Other (Even More Intangible) Intellectual Capital Assets
18 Mar 2021 Good Data Asset Management – Realizing Data’s Full Potential
24 Feb 2021 Funding IP Enforcement to Support Licensing and Monetization
20 Jan 2021 IP Year in Review
16 Dec 2020 Build or Partner – Deciding Whether To Commercialize Enterprise Patent Portfolios With In-House Teams Or Specialized Partners
18 Nov 2020 Intellectual Capital: Unlock The Unexploited Value of Your Company’s IC Assets
24 Sep 2020 INTELLECTUAL CAPITAL: Connecting the Financial and IP Communities
3 Jun 2020 FRAND Licensing – Developments and Predictions Hosted by The LES Silicon Valley Chapter
26 Feb 2020 Using Your IP to Raise Capital
11 Dec 2019 IP Year in Review
16 Oct 2019 Protecting Your Secret Sauce! Techniques & Technologies for Securing Your Systems, Data, & Intellectual Assets Against Hacking, Theft, & Industrial Espionage
25 Sep 2019 Blockchain in the Enterprise: Applications, Business Models and IP Protection
20 Jun 2019 IP Licensing in China
17 Apr 2019 LES-SVC 19th Annual Conference: 5G & IP - Are You Ready?
21 Feb 2019 What Happens When Your License Agreement Goes to Litigation? The Perils of Imprecise Drafting and/or Drafting For Experts
31 Jan 2019 What U.S. Patent Attorneys Need to Know about Obtaining Japanese Software Patents – AI & Blockchain + more
12 Dec 2018 IP Year in Review
31 Oct 2018 Generating IP Value Through Corporate Spin-Outs and Other Creative Deal Structures
19 Sep 2018 Trade Secrets: Important Lessons for Management
20 Jun 2018 $17M for a Patent “Franchise”? – IPRs and “Oil States” Impact on Patent Owners
17 May 2018 Multi-Layered, International Patent and Design Protection for Cloud-Enabled Consumer Products
25 Apr 2018 LES-SVC 18th Annual Conference: The Evolving Role of IP in the Innovation Economy Globally & Across Industries
28 Mar 2018 Hot Topics in Patent Licensing & Litigation
14 Feb 2018 Leveling the Playing Field?: Defensive Aggregation, IPRs and Patent Enforcement Entities
10 Jan 2018 Open Source Licensing – Risks & Benefits
13 Dec 2017 IP Year in Review
15 Nov 2017 Opportunities & Challenges of Licensing Programs in Operating Companies
18 Oct 2017 How to Run a Patent Prosecution Practice to Maximize Global Revenue from Licensing: A Perspective from Three Industries
28 Sep 2017 The Impact of Patent Exhaustion after Impression Products v. Lexmark International
21 Jun 2017 With Millions of Dollars at Stake: A Trial Lawyer’s Perspective on Litigating and Trying IP License Disputes to Juries and Arbitrators
17 May 2017 A Penny or a Pound: Apportioning Damages in Patent Cases”
26 Apr 2017 LES-SVC 17th Annual Conference: Do Patents Still Matter?
22 Mar 2017 IP Valuation: Optimizing the Value of Your IP Assets in Uncertain Times
15 Feb 2017 Delivering Regenerative Medicine - The Next Frontier in Health Care

Industry Affiliate Partners:

The Center for Intellectual Property Understanding (CIPU) is a nonpartisan nonprofit established in 2016 that raises awareness about the impact of IP on people, business and society. CIPU provides outreach to improve familiarity with IP rights and promote sharing. It holds events, such as the annual IP Awareness Summit®, curates IPBasics.org, an information portal, and produces ‘Understanding IP Matters,’ a critically-acclaimed podcast series that has generated more than 10,000 downloads. UIPM enables successful creators, entrepreneurs and strategists to share their IP story. For more information, visit understandingip.org.

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