New Orleans, Louisiana Trade Secret Lawyer

Trade secret protection and information security are particularly important in today’s global market due to increased corporate collaborations, business partnerships, technology, and the ease of data transfer, as well as increased mobility of employees and vendors. Trade secrets are the “secret ingredient” of a business and often include software source code, client lists, secret formulas, and/or manufacturing processes. Lemler IP advises clients on how to protect against the theft of confidential information from both internal and external actors. If you need a competent New Orleans trade secret lawyer in your corner, look no further than Lemler IP.

Trade Secret Lawyer | Here to Protect Your Valuable IP

Lemler IP has substantial experience counseling and assisting clients dealing with business and legal decisions as well as the nuances of U.S. law relating to trade secret protection.

In quid pro quo exchanges for patent protection, government entities require inventors to reveal their secrets and teach the public how to make and use their inventions. Some inventions, however, are more economically valuable or better protected as trade secrets. While the potential to be critically important, trade secrets are often an undervalued asset in a company’s intellectual property portfolio. In order to maintain these valuable assets as trade secrets, taking the necessary steps to prevent their misappropriation is essential. Thus, Lemler IP works closely with clients to identify valuable trade secrets and to develop and implement comprehensive strategies to safeguard them.

Our Trade Secret Services

Lemler IP’s trade secrets counseling services include:

• Identifying protectable trade secrets
• Determination of the value of trade secrets to clients
• Develop comprehensive strategies to protect and safeguard clients’ trade secrets to maximize their value
• Prepare confidentiality and non-disclosure agreements, allowing clients to interact with others and conduct business with contentment and a clear conscience
• Providing counsel on best practice approaches for contractually protecting trade secrets and other intellectual property internally
• Developing trade secret protection measures including compliance checklists and screening company materials prior to dissemination
• Evaluating unfair competition, breach of contract, and breach-of-confidence claims

Protecting Trade Secrets

There are several things you can to do protect your trade secret. To start, you must only entrust certain individuals with this information. If you share it with everyone at your company, there’s a strong chance it won’t remain a secret for very long. The best way to protect a trade secret is by drafting what’s known as a confidentiality or non-disclosure agreement. In such an agreement, you can clearly outline what the trade secret is and the potential penalties in place for any employee or worker at your company who violates the terms of the agreement. A trade secret lawyer from Lemler IP can work closely with you and ensure your secret is safe.

How Long Does a Trade Secret Last?

The short answer is that a trade secret can last for as long as it remains a secret. Even after you pass on, if you have certain measures in place, it can remain a trade secret for years and years to come. For example, the formula for Coca-Cola has remained private for decades and will remain a secret for decades to come. If you believe someone within your company is guilty of industrial espionage, meaning the employee joined your company, learned your trade secret, quit, and exploited that trade secret for his or her own financial gain, such as by bringing the secret to a competing company, you should speak with a competent New Orleans trade secret lawyer as soon as you can.

Contact A Trade Secret Lawyer Today

Whether you’re looking to protect a trade secret or you believe an employee has exploited your trade secret, you’d be best served by speaking with a competent trade secret lawyer from Lemler IP. Contact Lemler IP today.