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On Demand

Annuity Exit Procedures for Law Firms

Content Partner:  Association of Legal Administrators (ALA)
Mobile Compatible
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Price: $129.00*
Member Price:  $129.00
This program is no longer available.

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In January 2014, Foley & Lardner LLP began transferring responsibility for monitoring and paying patent annuities and maintenance fees to their clients. Join this webinar to hear the proper steps to take in an Annuity Exit plan, including: evaluating your firms current annuity situation, deciding whether exiting annuities is the right decision for your firm, and the steps necessary for creating a successful plan to transition from the annuity and maintenance fee business.
Examine the annuity processes currently being used within your firm.
Identify the risk-benefit ratio of exiting the annuity business.
Determine if exiting the annuity business is the right decision for your firm.
Discuss what your level of involvement will be in assisting clients in taking over responsibility for their own annuity payments
Explain the process of exiting the annuity business, including the challenges and lessons learned
Join Annuity Exit Procedures for Law Firms  (link) with subject matter experts Marion Baker and Sean O’Leary for this one-hour webinar on May 26,
2014, 2:00 pm CST {1 p.m. MST, 12 p.m. PST, 3 p.m. EST}.
Bring together as many individuals as you wish in your office or chapter meeting space to next week’s webinar.
Invite your colleagues
Invite your staff 
Invite your ALA friends 
For more information and to register:   (link)
Tuesday, May 26, 2014
Pacific 12:00 p.m. – 1:00 p.m.; Mountain 1:00 – 2:00 p.m.; Central 2:00 – 3:00; Eastern 3:00 – 4:00 p.m.
CLM Credits: (Note that only the CLM credit available for this webinar is stated below. If a credit is not stated, it is not available for this program.)
CLMSM Recertification Credit: 1 hour in the subject area of Legal Industry/Business Management (LI)
CLMSM App Credit for Functional Specialists: 1 hour in the subject area of Legal Industry/Business Management (LI) towards the additional hours required of some Functional Specialists to fulfill the CLM application.

Marion Baker is Intellectual Property Department operating officer of Foley & Lardner. Baker has an extensive background in the successful management of personnel, departments and projects for national law firms, Big Five accounting firms, and the military. She is also was an administrator in the US Marine Corps, and is chair emeritus of the non-profit Marine Executive Association.

Sean O’Leary has been at Foley & Lardner LLP for the past 8 years in a variety of docketing roles. He is currently the IP Docketing Systems Manger, responsible for training, docketing software, and the Annuity Exit project at Foley.

Practice Areas: Accounting & Business of Law, Business, Finance, and Accounting
Online Media Type: Video
Production Date: 05/26/2015
Level: Intermediate
Category: Standard
Duration: 0 Hours, 41 Minutes
Online Format: On Demand

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Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available. Please note that the on demand and podcast versions may, or may not be accredited in your state.

If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance.  Credit totals for other formats are for complete programs.  Partial credit is not available for any online or downloadable format. 


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Marion Baker - Department Operating Officer-Intellectual Property, Foley & Lardner LLP
Sean O'Leary - Foley & Lardner LLP
This product is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

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