Guard your trade secret, the invisible gold of your company. Keep it under wraps.

Trade secrets are confidential information that provide a competitive advantage. It can include a wide range of information such as formulas, processes, methods, techniques, customer lists, marketing strategies, and proprietary knowledge that gives companies a competitive edge in the marketplace. Trade secrets are a fundamental aspect of business growth.

The main criteria for information to be considered a trade secret are that it has added value, it is not generally known to the public or competitors, and the owner should make reasonable efforts to maintain its secrecy.

The main advantages of trade secrets are:
  1. indefinite protection period and
  2. unlimited territorial scope.

Protecting trade secrets involves several key steps to ensure that confidential information and competitive advantage remain protected.

At H&A, we can provide customized legal advice on how to effectively identify, protect and manage your trade secrets.

Our services include:
  • Legal advice and counseling.
  • Due Diligence: We perform an overall assessment of your company’s current trade secret situation, identifying and inventorying trade secrets.
  • Protection Strategy Development: Implement complete protection strategies tailored to your specific needs and circumstances. This may include drafting and implementing confidentiality agreements, employee policies, and security protocols.
  • Drafting and reviewing non-disclosure agreements (NDAs).
  • Employee training.
  • Drafting and reviewing company trade secret policies.
  • Audit or control, in which we review policies for compliance.
  • Enforcement and litigation.

 

Trade secrets can co-exist with other forms of Intellectual Property. Companies must carefully consider how to enhance the protection of their Intellectual Property portfolio, taking into account factors such as the nature of the information, the desired level of protection, the potential risks, and the benefits of each form of protection.
Our Intellectual Property expertise can help you navigate this complex legal landscape and implement the right policies to protect the trade secrets and Intellectual Property rights that are critical to your business growth.