GLOSSARY

TRADE SECRETS

The firm can assist you with identifying, maintaining and enforcing your trade secrets and confidential and proprietary information either within or without your organization, as well as licensing your trade secrets to third parties.

What is a Trade Secret?
A trade secret consists of business information that has commercial value, provides an actual or potential economic advantage over others and is maintained in confidence. Trade secrets in the US are protected through contractual rights which are governed by state statutory and case law.