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Trade secrets are a unique form of valuable intellectual property.  Most IP is protected by pubicly disclosing the unque information, establishing the use for commercial purposes, and publicly staking a claim to its exclusive use through patents, trade marks, services mark, or copyright.  A trade secret is the exact opposit, as its economic value dervives from being kept secret from competitors who could otherwise use the information for their benefit.

Trade secrets can consist of secret formulas for products or secret proprietary processes.  Quite commonly, trade secrets can consist of a list of clients or customers who have a demonstrable need for particular goods or services in industries where there is fierce competition for market share.

EAG has substanial experience in state and federal court in both suing on behalf of businesses to seek injunctions and monetary damages for the missapropriation of their trade secrets, and defending companies (often employers) accused of hiring employees for the purpose of allegedly misappropriating a competitor’s trade secrets by “raiding” their employees.  Additioally, EAG advises businesses on policies and practices designed to protect their trade secrets and mtigate the risk of employee misappropriation.