A trade secret is business information,
sometimes called "know-how", that is of value and generally held private by a company. If a company takes
the necessary precautions, the trade secret is protected from unauthorized exploitation. Anyone who obtains access to the
information through improper means will be prohibited from using the information.
Since there is no registration or certificate, ultimately
the only way to deteremine if a trade secret has been misappropriated is in a court. To enhance ones success in proving a
trade secret mean diligent efforts every business day to guard and keep your know-how protected. Establishing and auditing
these safeguards is a service we provide to our clients. For a further discussion on trade secrets click here.
Our practice in this area provides
our client with advice in the following areas designed to protect their "business know-how":
• Non-Disclosure Agreements
• Technology Licensing
• Joint Development Agreements
• Strategic Relationship Agreements
• Employment Agreements