Trade secrets take a variety of forms, but they all serve one function: they allow a company to establish and retain a distinct competitive edge in the marketplace.
The Feldhake Law Firm, APC provides knowledgeable counsel in all areas of trade secret law. Our attorneys can assist businesses with the essential internal policies, employment agreements and licensing procedures necessary to preserve their rights. They also resolve disputes over trade secrets for both plaintiffs and defendants, involving claims involving allegations of infringement or misappropriation of intellectual property.
Under trade secret law, businesses may forfeit their rights if they do not take appropriate steps to protect these valuable assets. It is essential to take proactive steps to limit access secrets, prevent their misappropriation, and address any violations.
Trade secrets can be protected by establishing employee confidentiality and non-compete agreements, nondisclosure agreements, and protective licensing agreements that prevent unauthorized release or exploitation of trade secrets.
As intellectual property lawyers, we can assist you with the development of policies that limit access to your trade secrets and protect you from misappropriation or other violations by those in the know.
In trade secret law, one fundamental problem with litigation is the publicity involved. A lawsuit may require a very specific description of the trade secret to be included in legal briefs, spreading the knowledge far and wide.
The Feldhake Law Firm works with clients to implement a number of strategies to limit the further publication of trade secrets during litigation. These can include seeking closure of the proceedings, orders not to further reveal the trade secret, and other steps. We can also seek to resolve the dispute through negotiation, mediation or arbitration. If widespread knowledge of the trade secret cannot be avoided, litigation for damages may be the best option.
One of the benefits of working with the business lawyers of The Feldhake Law Firm is our practical, business-oriented approach to litigation. We understand the trade-offs inherent in any course of action. We seek practical solutions that resolve the issue without undue harm to business advantage or protracted and costly litigation.