Let's Talk Financials: Legal Expense Review, Approval and In

This is a recorded session from 2017's Agreeement Maintenance Course. One of the most difficult tasks related to technology transfer is managing and controlling patent expenditure. We really don't like surprises! There are various methods that can be utilized to help TTOs with this process, such as implementing good habits with service providers, requesting estimates and setting caps for commissioned work. We will also discuss some practical ways to simplify and improve the legal invoice review process to allow case managers to focus on licensing rather than being bogged down reviewing legal expenses, as well as processing legal invoices and electronic expense import (EEI). We anticipate that each attendee will leave with fresh ideas on how to improve this process in their own institution.