Trade secret litigation can be expensive. Whether you’re bringing a lawsuit to protect your secrets or defending against alleged misappropriation by your company, here are some useful strategies to manage trade secret litigation costs. Identify the Trade Secrets Early Identifying the trade secrets involved in misappropriation litigation is just the beginning. Well before filing a […]
Trade Secret Misappropriation – Chinese Biotech Researcher Pleads Guilty
The U.S. Department of Justice has secured another conviction against a Chinese national for trade secret misappropriation, which is part of a larger push to protect valuable intellectual property. Li Chen, a long time biotech researcher in a medical lab at Nationwide Children’s Hospital Research Institute in Columbus, Ohio, pled guilty to conspiracy to misappropriate […]
Protecting Trade Secrets – Recent High Profile Trade Secret Enforcement Cases
Companies often consider trade secrets to be their crown jewels, particularly in Silicon Valley. In the digital age, where copying vast amounts of data and transmitting it via the Internet is as easy as one click, protecting trade secrets has become ever more challenging for highly competitive technology companies. Losing control over your trade secrets […]
Detecting Early Signs of Trade Secret Theft by Competitors
Trade secrets are frequently associated with a company’s most valuable and profitable products and services. Maintaining control of critical confidential information is often essential to a growing a company’s revenue stream, enhancing product development, moving into new markets, and continuing to grow and succeed. Along with restricting access to trade secret information to a need-to-know […]
What to Do When an Employee Steals Company Trade Secrets
If an employee of your company stole an item of tangible company property when he left to start another job – like a car, or computer, or airplane – would you just let it go? Of course not. Yet, studies show that 50 percent of departing employees take confidential business information from their employer before […]
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