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Trade secret disputes: Taking measures to protect information

Many companies in Florida and elsewhere place a great deal of importance on protecting their business interests. With a high level of competition in various fields of employment, companies may wish to keep a close eye on any secrets that give them an edge. Should this information be released to the public or a competitor, the result could be disastrous. However, business owners might be able to avoid trade secret disputes by taking measures to safeguard their intellectual property.

Since the information that is deemed a trade secret generally cannot be copyrighted or trademarked, a company may find it beneficial to consider implementing employee contracts to protect their interests. This contract may include a non-disclosure agreement that prevents the sharing of information with outside parties. Business owners may also find it beneficial to limit the number of individuals who have access to such information.

However, an intentional release of information might not be the only concern. Businesses may also find it advisable to take measures to protect against an accidental release by establishing proper procedures for sharing or accessing confidential information. Should any trade secrets be released, a company may find it advisable to respond swiftly. Since such matters can be complex, it might be necessary to seek guidance.

Trade secret disputes can be highly contested matters, and those who experience a similar situation may find it advisable to seek assistance early on. By speaking with an attorney, a person could obtain advice on the best course of action to take moving forward. An attorney can thoroughly examine the situation, advise a client in Florida of the options available, and subsequently assist in pursuing the most favorable outcome possible.

Source: huffingtonpost.com, "How to Protect Your Business Trade Secrets", Melinda Emerson, Accessed on Dec. 19, 2017

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