The number of transactions worldwide involving intellectual property has skyrocketed in the past ten years, as increasing numbers of businesses and universities seek to monetize their patent, copyright, trademark and trade secret assets. As a result, licensing has developed into distinct legal practice. This seminar will focus on the various practical legal and business issues that arise in patent, software, trade secret and trademark licensing, including contract law and intellectual property concerns as well as the effect of antitrust, bankruptcy and international law on these transactions. As part of the course, students will engage in mock negotiations of license terms, with the goal of gaining an understanding of how license transactions work. Prior coursework in intellectual property law is strongly recommended, but is not required. The course will not include an exam or paper; instead, the course will be arranged in a workshop format, in which students will negotiate, draft, edit, and revise various license agreements and related documents in response to case studies that are based on actual transactions. ** A student who fails to attend the initial meeting of a seminar, or to obtain permission to be absent from either the instructor or the Registrar, will be administratively dropped from the seminar. Students who waitlist for a seminar are required to attend the first seminar meeting to be considered for enrollment.