Recent Posts

  • Summary of the CIPP/US Certification by Richard Hsu

    Summary of the CIPP/US Certification by Richard Hsu

    My summary of the IAPP CIPP/US Privacy Certification: Click here for download: CIPP-US Summary (5-29-16)

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  • Summary for CIPP/E Certification by Richard Hsu

    Summary for CIPP/E Certification by Richard Hsu

    My summary of the IAPP CIPP/E Privacy Certification: Click here for download: CIPP-E Summary (9-2-16)

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  • Summary for CIPT Certification by Richard Hsu

    Summary for CIPT Certification by Richard Hsu

    My Summary of the IAPP/CIPT Privacy Certification: Click here for download: CIPT Summary (5-29-16)

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  • Summary for CIPM Certification by Richard Hsu

    Summary for CIPM Certification by Richard Hsu

    My Summary of the IAPP CIPM Privacy Certification: Click here for download: CIPM Summary (5-29-16)

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  • Market for IP and Tech Trans Lawyers is Heating Up

    Market for IP and Tech Trans Lawyers is Heating Up

    “Before I joined Shearman & Sterling‘s M&A practice, I used to think the tech transactions partner was like a football team’s long snapper, who just comes in for one or two plays. Now I realize how critical that role is, especially for technology deals.” See The Recorder, Tech Transactions is Heating Up.

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  • The Making of HsuTube Videos

    The Making of HsuTube Videos

    The Making of HsuTube Videos from Richard Hsu on Vimeo.

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  • Technology Partnering Deal

    Technology Partnering Deal

    Here is a video describing the basic components or building blocks of a typical technology partnering deal: equity investment, technology development, licensing, manufacturing and distribution.

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  • Drafting IP Reps and Warranties

    Drafting IP Reps and Warranties

    Whenever I get involved in an M&A transaction involving intellectual property, the first place I start is in the definitions to make sure there are no “gaps” or circularity. The process reminds me of carefully descending into a spiral staircase.

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  • What is the Licensed Property?

    What is the Licensed Property?

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  • Technology Transaction Building Blocks

    Technology Transaction Building Blocks

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  • Life Science Collaboration II

    Life Science Collaboration II

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  • Life Science Collaboration I

    Life Science Collaboration I

    Life Science Collaborations differ from traditional Technology Partnering Deals both in structure and complexity.  My partner Michael Dorf and I have worked on a number of these and here is a quick one page summary of such structures: [Life Science Collaboration]  

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  • License Animation Project

    License Animation Project

    Inspired by Caltech’s Mechanical Universe Project, I made a short video comparing the typical grant language of a software license, a biotech license and a patent license, all in about 60 seconds.

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  • What do Lawyers Do?

    What do Lawyers Do?

    When my daughter asked me the perennial question: “Dad, what does a lawyer do?”, I showed her this cartoon*: * Licensed with permission from the New Yorker

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  • Software Warranties and Liability

    Software Warranties and Liability

    When my partner Mike Kennedy and I recently worked on a deal together, a question came up as to what new law there was relating to Software Warranties and Liabilities. The answer was “not much” since this article  was published by Lawrence Levy and Suzanne Bell. Click here for a one page summary of that article.

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  • Startup Company Forms

    Startup Company Forms

    My former Venture Law Group colleague and Harvard Law School graduate, Jeff Thomas, has been teaching entrepreneurship courses in various law and business programs. He formed his own company CrazyBrains LLC with the goal of helping entrepreneurs by open sourcing startup corporate forms. Here is his nicely put together one-pager. Click here for downloadable PDF: Startup Company Forms

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  • Warranty vs. Indemnity

    Warranty vs. Indemnity

    This 100 second poem on the difference between warranty and indemnity was inspired by a law school friend of mine who said he was once too embarrassed to admit at a party that he didn’t know the difference between a warranty and an indemnity! Warranty vs. Indemnity from Richard Hsu on Vimeo.

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  • My “trivial” homage to Steve Jobs

    My “trivial” homage to Steve Jobs

    In looking at the countless tributes and collections of quotes from Steve Jobs, it occurred to me that he was probably pretty good at the game Trivial Pursuit.  Here are 6 quotes that made me think why:

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  • Einstein on Branding

    Einstein on Branding

    One normally doesn’t associate Albert Einstein with trademarks or branding, but leave it to Steve Cecil, one of the most creative neologists I know, to come up with something.

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  • Legends of Caltech

    Legends of Caltech

    When someone in my dorm asked me “would you like a photo of the Caltech prank on the Hollywood sign?” I never thought it would eventually be the basis of a full-length feature movie called Legends of Caltech which is being made 20 years later!

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  • Open Source GNU GPL v2

    Open Source GNU GPL v2

    Even though the GNU General Public License v2 has been updated to v3*, there is still a large body of software licensed under the GPL v2 and I still find my GPL Flowchart very helpful: * For an excellent analysis of GNU GPL v3, see this Article by the well respected Heather Meeker.

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  • Andy Rooney: Mathematician or Lawyer?

    Andy Rooney: Mathematician or Lawyer?

    Thanks to fellow Caltech alum Barry A. Cipra, who wrote a wonderful piece entitled “Andy Rooney, Ph.D.” in the The Mathematical Intelligencer, Vol. 10, No. 2 (1988), I realized that much of the drafting I do in licensing is like a mathematician setting up a math problem.  Here are some timeless quotes from Andy Rooney to illustrate my point.

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  • Structuring Startups

    Structuring Startups

    My former Venture Law Group colleague and Harvard Law School graduate, Jeff Thomas, is a Professor of Law and Business in North Carolina, and has put together this very nice one-pager on Structuring and Financing Startups. Click here for downloadable PDF: SV Startup

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  • Intellectual Property Infographic

    Intellectual Property Infographic

    My colleague Touraj Parang is the COO of a new startup UpCounsel which posted a terrific infographic on Intellectual Property:

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  • Survey of Most Negotiated License Provisions

    Survey of Most Negotiated License Provisions

    [SURVEYS 2]

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  • Who Reads the Boilerplate?

    Who Reads the Boilerplate?

    When notable software and Internet lawyer Michael M. Krieger suggested I post a piece he did for Soft●Letter in 2003, I was surprised how fresh his article on legal boilerplate was after nearly 10 years. I also figured if his 1-pager was good enough for a newsletter founded by the legendary Jeffrey Tarter and Stewart Alsop, it was good enough for me. Click here for downloadable PDF: SoftLetter Boilerplate

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  • What’s the name of that dish with the lamb in it?

    What’s the name of that dish with the lamb in it?

    It’s pretty common when you’re putting together a license or deal not to know the name of what that agreement is typically called.  It’s like going to a restaurant and not knowing the name of a dish but you know the ingredients. Take this menu with you when you ask your attorney what kind of agreement you’re looking for: Click here for downloadable PDF: TechTrans Agreements

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  • NDA’s: The Stepchild Agreement

    NDA’s: The Stepchild Agreement

    I like to refer to Non-Disclosure Agreements (NDA’s) or Confidentiality Agreements (CDA’s) as the “stepchild” of all agreements since no one wants to pay much attention to them.  Before I look at these agreements, I always like to know who is the party really disclosing the confidential information and then take the analysis from there. Click here for downloadable PDF: Confidentiality Agreement Analysis

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  • Biotech Valuation

    Biotech Valuation

    When I was a young lawyer in 1997 at Cyrano Sciences, a company founded by Caltech Professors Nathan S. Lewis and Nobel Laureate Robert H. Grubbs, someone was kind enough to show me the basic metrics of valuing a drug opportunity.  Nothing fancy.

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  • Did I forget a provision?

    Did I forget a provision?

    Whenever I draft or review a license agreement, I like to have a checklist of provisions to make sure I don’t miss anything.  I do the same thing when I travel to make sure I don’t forget something critical, like my toothpaste. Here is such a checklist: Click here for a downloadable PDF: Licensing Checklist

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  • Patent this logo, trademark this invention ?

    Patent this logo, trademark this invention ?

    Whenever I hear the words “patent this logo, trademark this invention, or copyright this idea,” I wish I could whip out this one pager out of my back pocket which explains the basic differences between copyrights, trademarks and patents.  Well, here it is (unfolded) ;-): Click here for downloadable PDF: IP Summary

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  • 10 Considerations in a Life Science License

    10 Considerations in a Life Science License

    When I collaborated with Linda Pullan, Ph.D. (formerly with Amgen, Kosan and Astra Zeneca) on a drug development and license agreement, I thought she gave some terrific advice and so I asked her to put together this list of her top 10 considerations. Click here for downloadable PDF: Top 10 Life Sciences

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  • Eigenvectors of a Tech Transactions Agreement

    Eigenvectors of a Tech Transactions Agreement

    As most of the readers of this blog probably remember from calculus, the eigenvectors are the core vectors from which a matrix is built so, similarly, I have tried to boil down the core components on which all technology transaction agreements are based.  The touchstone is that everything flows from the intellectual property and licensing rights.         Click here for downloadable PDF: Tech Trans Anatomy

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  • The 9 Lives of Palm

    The 9 Lives of Palm

    Palm Computing which was started in 1992 by Jeff Hawkins, Donna Dubinsky and Ed Colligan has had at least 8 different reincarnations. Here is a short video which tells the tale on 1 page but will it have a 9th?

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  • Making my own Rubik’s Cube

    Making my own Rubik’s Cube

    As a lawyer, I don’t get a chance to build many things, but I wanted to teach my daughter how to solve the Rubik’s cube, so I built a magnetic one* that you can take apart and put back together again. *by Gary Fixler

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  • Craig W. Johnson’s Last (and only) Interview

    Craig W. Johnson’s Last (and only) Interview

    For those of us who were fortunate to have worked with Craig Johnson at Venture Law Group, this may be the only recorded interview of him by John Wallbillich.

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