Vendor Software License Audits Have Become More Frequent. Are You Prepared?
With the 1-year anniversary of the COVID-19 shutdown just behind us, there has been a lot of dialogue regarding what different industries have experienced over the past year. Acknowledging this dubious anniversary, we sat down to collect our thoughts and share a few advisements with respect to our small corner of the legal and tech industry.
COVID-19, Software License Audits, and Patent Litigation
Arthur S. Beeman and Joel T. Muchmore of Beeman and Muchmore LLP look to the horizon and ask: how can you protect your business?
It is inevitable that the fallout from the Covid-19 pandemic will draw opportunists. Due to peculiarities unique to the resulting economic fallout, we are seeing this truism in play in the world of intellectual property monetization. Particularly with regard to patent litigation and software license audits, the pandemic will likely increase certain very real threats to companies of all sizes and industries.This means that while businesses are preserving a solvent bottom line, in-house counsel must protect their clients against attacks from emboldened software vendors and patent litigators.
