This Month's Tip

September

September

 

Trade Secrets. Do you have Company Trade Secrets? Are you properly protecting them?

Protection of Trade Secrets is strengthened considerably by educating employees about them.  Begin by asking your employees, individually, before co-workers influence them, as to what they each consider to be your business' trade secrets. The comments not only show the degree of education and protection that will be needed, but also whether employees will unwittingly destroy any trade secret claims you might need to raise.  There is typically a dangerous disconnect between what an owner considers to be a trade secret and what employees see as key trade secrets. You will then ready to educate your employees about the legal definition of a trade secret and why trade secrets are so vital to their share in the success of your business.  Like any secrets, you must take steps to protect them and let employees know that trade secrets are not to be repeated or shared with others and that each of them are being trusted to make every possible effort to protect the trade secrets that your business, and each of your employees' jobs, rely upon.  Consider whether you need a written Confidentiality and Trade Secret Agreement, which your attorney can prepare, and you can have signed by your employees, in order to protect some of the vital assets of your Company.

Each Month we will provide a Legal related "Tip*" on various subjects.  While these tips cannot take the place of legal advise from attorney, as they are general in nature, they will provide you with some information to review and consider whether you may need to seek legal advise, based on your particular situation.  

*This information is not intended as legal advice.  Please see our Disclaimer.

FRITZ LAW OFFICES

Each Month we will provide a Legal related
"Tip*" on various subjects.  While these tips cannot take the place of legal advise from attorney, as they are general in nature, they will provide you with some information to review and consider whether you may need to seek legal advise, based on your particular situation.  

*This information is not intended as legal advice.  Please see our Disclaimer.