Information such as processes, ideas, and expertise can be protected as trade secrets. This covers a wide range of confidential business information from chemical formulas to industrial processes, business plans, and pricing formulas. While often overlooked as a form of intellectual property protection, this can be an excellent and enduring way to protect the core value of your business.
Trade secrets are primarily governed under California state law and are designed to discourage industrial espionage by allowing both monetary and criminal penalties. We work with you to identify trade secrets and put measures in place to protect and prevent the information from discovery by competitors. We advise on simple systems, agreements, and training to protect your trade secrets including non-disclosure agreements, service agreements, and corporate policies.