business Law
Unlike a trademark or copyright, a trade secret is a piece of intellectual property that cannot be registered with a regulating body to prevent someone else from using it. This makes trade secret protection more complex, requiring the legal expertise of an intellectual property attorney.
What is a trade secret?
- Is not generally known to the public
- grants some sort of economic benefit or advantage to its holder
- grants some sort of economic benefit or advantage to its holder
- Is the subject of reasonable efforts to maintain its confidentiality.
How Do We Help Protect Your Trade Secrets?
Non-Disclosure Agreements (NDAs) ensure your trade secrets are kept private. Before sharing confidential information with someone, such as an employee, you can have them sign an NDA, a legally binding contract that requires them to keep the confidentiality of trade secrets for a fixed period.
Non-Compete Agreements help protect trade secrets even if your employee, who has knowledge of sensitive business information, chooses to leave your company. This employee will be held liable if he or she joins the company of your direct competitor within the indicated period.
Apart from these legal measures, we also provide representation if you wish to bring trade secret infringement to court. Florida is one of the many states that have adopted the Uniform Trade Secrets Act. This law allows trade secret owners to seek remedy against misappropriation of a trade secret or the use of trade secret without permission.