Royalty Audits

Licensees more often than not underreport the use of licensed intellectual property. Licensors have reason to be concerned that they are not receiving all that they are entitled to under contracted license terms.     

Hampton IP can help you manage your intellectual property. Our services include:

• Licensing
• Royalty compliance audits
• Patent, trademark and copyright valuation
• Quantifying economic damages

Royalty audits are beneficial in many business environments such as franchises, technology, retailing, merchandising, and entertainment. Companies that are parties to license agreements can be subject to either being audited or request an audit. A royalty audit should not be construed to be an accusation of wrongdoing, it is simply a prudent business practice. 

Our IP and economic damage experts can help you capture unreported sales, identify missed minimums and benchmark royalty rate increases, expose questionable license interpretations, find mathematical and royalty rate errors, identify questionable transfer pricing, and unreported sublicensing.