Nondisclosure agreements aid in preventing the disclosure of confidential and proprietary information, including trade secrets. What constitutes a trade secret? It is something that has economic value to a company that has not been made public in any way. This is a generic definition, but it is the heart and soul of what a trade […]
Trade Secrets and Former Employees
In our modern, complex society, many businesses develop, maintain, and rely upon trade secrets to shield competitive advantages in their marketplaces. A “Trade Secret” is information (including a formula, pattern, compilation, program, device, method, technique, or process) that derives independent economic value, actual or potential, from not being generally known to the public (or to […]