A trade secret is a formula, practice, process, design, instrument, pattern, commercial method, or compilation of information not generally known or reasonably ascertainable by others. Your business’ trade secret gives you the competitive edge against others. A trade secret can take the form of customer lists, marketing data, and development processes specific to your company. Give your business the protection it deserves by employing a team of attorneys who will use the necessary tools to protect your business.
Oppenheim Law will assess your company’s trade secrets and ensure the protection of your business. Businesses have many avenues to protect their trade secrets. A few examples of such tools are in the form of non-compete agreements, non-disclosure agreements, and non-solicitation agreements, which will prevent previous, current and future employees from disclosing your trade secrets.
- Non-compete agreements usually take effect once an employer-employee relationship has ended, and operate to restrict the employee from unfairly using trade secrets in competition.
- Non-disclosure agreements prohibit taking and disseminating trade secrets or other information that gives a competitive advantage.
- Non-solicitation agreements restrict someone from soliciting employees or customers of a business.
There are many factors to consider and evaluate. Oppenheim Law will work with your business to develop a strategy to protect your business. Contact us online or give us a call at 954-384-6114 to schedule a consultation today.