Customers, trade secrets, and proprietary information are the lifeblood of any company. For this reason, companies routinely have employees sign confidentiality agreements and, to the extent they are enforceable, non-solicitation and non-competition agreements. There is often a race to the courthouse to get an injunction when there is a threat of a former employee misappropriating…Read More
On May 11, 2016, President Obama signed the Defend Trade Secrets Act (DTSA), which creates a new federal cause of action for misappropriation of trade secrets. Although the DTSA provides several new changes to trade secret law, one provision requires immediate action. Required notice of whistleblower immunity The DTSA provides certain whistleblower immunity for employees…Read More
On April 27, 2016, Congress passed the Defend Trade Secrets Act (DTSA), which President Obama promises to sign soon. This proposed legislation, which is designed to be an expansion of the Economic Espionage Act of 1996, would authorize a private civil action in federal court for the misappropriation of a trade secret that is related…Read More
A company’s ability to protect its confidential information, including trade secrets, can often determine whether that business thrives or dies. And we’re not just talking about safeguarding the recipe to the “secret sauce.” Depending on the nature of your business, a lot of other types of confidential information — business processes, customer lists, financial data,…Read More
Offering workers the opportunity to work from home has many benefits for both the employee and employer, but it can bring challenges as well. One challenge is handling trade secrets, which are defined as any information that gives some competitive advantage to a company, isn’t generally known, and can’t be obtained legitimately from an independent…Read More
In the shrinking world of social media, privacy seems to be an all but forgotten concept. But in the world of business, trade secrets are critical to success. It is paramount that companies catalog and contractually protect their trade secrets, as well as limit trade secret exposure to key employees who are trained to identify and protect corporate secrets from accidental disclosure or theft.Read More
Are your trade secrets at risk? Yes, every minute of every day.
Can you minimize the risk? Yes, by creating a corporate culture where each employee recognizes the value of trade secrets to corporate health.