A trade secret is defined as any valuable business information that is not generally known and is subject to reasonable efforts to preserve confidentiality. Trade secrets are used in business and usually provide an advantage over the competition. Unlike patents, copyrights or trademarks, which are disclosed to the public as a condition for granting protection, a trade secret actually loses its protection if it is fully disclosed. The value and protectability of trade secrets depend on taking reasonable precautions to maintain their confidentiality.
While almost every business has at least some trade secrets, they are quite fragile because they protect information and resources that are secret, which necessarily means that protection is lost if and when the secret becomes publicly known. Unlike other types of intellectual property, trade secrets do not expire, provided they remain secret. Our New York City trade secret attorneys are experienced in advising clients on trade secret law and how to safeguard their trade secrets proactively and quickly address threats of improper disclosure or use.
An intellectual property attorney can help you and your business develop and implement plans for keeping trade secrets secret. Whether by way of documentation, locks, passwords, restricted access procedures or locked cabinets, you can plan to keep your trade secrets undisclosed to outsiders. If a trade secret has been stolen from your business and disclosed to others, let our New York City attorneys advise you on your options.
Our New York City trade secrets lawyers are available to help New York businesses take proactive measures to protect their secrets in the marketplace. If disputes do ares, we know how to take immediate action to limit the damage and protect our clients’ financial interests. In addition, we defend individuals accused of divulging trade secrets or misappropriating other proprietary information.
We represent both corporations and their employees in intellectual property disputes and other business litigation involving:
Misappropriation of trade secrets
Covenants not to compete/non-compete agreements
Duty of loyalty to an employer
Protecting customer lists and other confidential information
Injunctive relief in regard to theft of trade secrets
Unjust enrichment damages
Let one of our New York City business law attorneys assist businesses and individuals in New York by taking proactive steps to protect their trade secret information from former employees and industry competitors. We also provide aggressive litigation services to clients whose competitive advantage has been adversely affected by the theft and/or unauthorized use of their proprietary trade secrets.