Information Is Power
A trade secret, according to the Uniform Trade Secrets Act (UTSA), is “… information, including a formula, pattern, compilation, program, device, method, technique, or process that: derives independent economic value … from not being generally known … and … is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.”
The lack of availability of information is critical to the value of trade secrets. We protect the information that gives value to our clients. We represent all types of businesses, from small businesses to major corporations. We understand the nuances involved with researching, documenting and protecting trade secrets.
Trade Secrets In The Marketplace
Trade secrets hold a unique place in business and IP law. They are not applied for and registered like patents and trademarks. The heart of the value of a trade secret is that it is a secret. Further, the value involved in a trade secret does not even need to be actual. According to the law, a trade secret can involve a value that is “actual or potential.”
At Carrithers Law Office, PLLC, our attorneys handle all types of trade secret issues involving:
- Confidentiality agreements
- License agreements
- Employer/employee contracts
- Consulting contracts
- Secret recipes for restaurants
- Confidential client lists
- Proprietary processes and methods
- Databases
- Blueprints
- Designs
- Maps
This is a short list of potential trade secrets to protect. Although you don’t register trade secrets in the same way as you patent something, it is a criminal violation to steal someone else’s trade secret, and the law provides for a private right of action against anyone stealing trade secrets.
Publication: Trade Secrets and Remedies Copyright 1988
We provide valuable counsel to protect our clients against inadvertent trade secret infringement or theft of trade secrets. We also offer product dispute resolution and litigation support involving trade secret disputes.
Contact Our Lawyers
Trade secrets and other intellectual property law issues are not simple legal considerations. Proper representation in these areas requires experience and focus. Our attorneys are well-versed in all types of trade secret issues. We will protect your interests. Call 502-452-1233 or fill out our online contact form.