Trade Secrets

Much of the information used in the conduct of a business has the character of a trade secret.   For a trade secret to exist, it must have been the subject of reasonable efforts by its owner to protect its dissemination, it must not be generally known, and it must be commercially valuable.  Perkins IP assists clients in drafting and negotiating nondisclosure agreements, employment agreements and independent contractor agreements each including clauses designed to protect the client’s trade secrets.  As necessary, we institute actions for misappropriation of trade secrets, and defend against same.  Since patents and trade secrets don’t mix well, we often advise clients on which road of protection to take on certain inventions which could be protected either way.  As stated under “Copyright”, computer software is a copyrighted work that commonly takes the character of a trade secret, and license agreements are usually written by us with this assumption.