Recent cases highlight the risk of disclosing Trade Secrets to AI. Through comprehensive trade secret strategies, including using an experienced Trade Secret Attorney, companies can better protect its competitive edge. Employees should be educated about AI disclosure risks to prevent the losing valuable Trade Secrets to AI.
The Eighth Circuit’s decision in Ahern Rentals, Inc. v. EquipmentShare.com has set an important precedent in trade secret misappropriation cases, reaffirming the legitimacy of allegations in the pleading based on information and belief. This ruling is likely to have a lasting impact on how trade secret cases are litigated and underscores the significance of ensuring experienced legal representation to safeguard a businesses valuable intellectual property assets.
2023 is nearing its sunset, and with it comes the time for reflection and intellectual property resolutions. Yet, while most resolutions fade with the January frost, safeguarding your businesses intellectual property deserves steadfast commitment. Intellectual property protection protects your bussinesses most valuable assets – its ideas, innovations, and tangible expressions of creativity. Think of intellectual property protection as a shield, if properly designed it will allow you to reap the benefits of your years of hard work and investment. We believe 2024 should be your year of innovation, and that starts with building an impregnable IP fortress.
Business, innovation and proprietary information are often the cornerstones of a companies’ success. Companies invest significant time, resources, and expertise to develop and maintain their unique processes, formulas, and strategies that provide an edge over their competitors. However, just because the information is a valuable business assets does not automatically make it a trade secret and provide the foundation for a lawsuit over its unauthorized use. In the world of trade secret protection, information is either a “trade secret” (and protectable) or it is not a trade secret (and not protectable).
Despite attempts over the years to conflate the issue, there is no middle gound. Protecting Confidential Information does not make it a trade secret. To be protected as a trade secret companies must protect their valuable information as a secret.
History of Trade Secrets For many businesses, protecting trade secrets is important. Trade secret laws protect secret business information against unauthorized use or disclosure by one who obtains it through improper means. The protection of confidential business information has historically been protected. Protecting trade secret information dates as far back as Roman times, when Roman Read more about Protecting Trade Secrets is Good Business[…]
When protecting computer code, your failure to properly protect the trade secret can result in a loss of IP rights. If you wish to protect a trade secret, the copyright office allows you to keep portions of the computer code a secre.
Trade Secret Protection allows a business to prevent unlawful disclosure or use of its proprietary information including its financial, business, scientific, technical, economic or engineering information methods and processes. Generally, to qualify the information must not be generally known and must be of value to the business.
As the owner of intellectual property (a patent, copyright or trademark), you have invested significant time, energy and resources into protecting your patent, copyright or trademark. What do you do if you find someone is violating your patent rights, for example? Do you file a lawsuit immediately? Do you contact the police? Do you contact Read more about Caution – Cease and Desist Letter[…]
So you have a great idea. An idea which will change the world. Your idea makes the world a better place, improve everyone’s way of life while being profitable. You create a prototype and prove it works. The numbers show that your invention will make millions while costing very little. A large company, one of Read more about Dangers of Making Money From an Invention[…]
As an Intellectual Property Law firm, we are constantly being asked about the types of intellectual property. Many people know that they want their intellectual property (ie., inventions, ideas, art, writing, etc.) protected, but they are unsure as to what type of intellectual property protection they need. The Intellectual Property Center is here to help. Read more about Your Intellectual Property Questions Answered[…]