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Sometimes, it's best to keep your business advantage secret. When properly protected, trade secrets can be among your company's most valuable assets.
HRFM handles all aspects of trade secret protection, enforcement and defense.
Contact our team or search for an attorney specializing in trade secrets.
What Is a Trade Secret?
A trade secret is any confidential business information that gives your company a competitive edge. Trade secrets can take many forms, including the following:
- Formulas, recipes and chemical compositions
- Manufacturing processes and techniques
- Software code and algorithms
- Customer and supplier lists
- Business strategies and financial data
- Product designs and engineering specifications
Unlike patents, trade secrets require no registration, but they do require active, ongoing protection to remain enforceable.
How Trade Secrets Can Become Compromised
Trade secrets face risk from multiple directions. Departing employees, vendor relationships, corporate partnerships and cybersecurity vulnerabilities are among the most common sources of exposure.
Even inadvertent disclosure without proper confidentiality agreements in place can put your competitive advantage at risk.
How We Help Protect Your Trade Secrets
HRFM works with you to create internal procedures that safeguard your confidential information. Our goal is to reduce the risk of theft, whether by competitors or employees.
Our attorneys also assist with the agreements and protocols that support a strong trade secret program. These include nondisclosure agreements, employee confidentiality policies and vendor access controls.
How HRFM Can Help
A compromised trade secret or even a threatened disclosure can jeopardize your business position. When necessary, HRFM pursues litigation to protect your trade secrets. This includes applying for temporary restraining orders or preliminary injunctive relief to prevent imminent disclosure.
Based in Albany, New York, with an office in Rochester, HRFM serves businesses across industries navigating trade secret matters at every stage.
Contact us or search for a trade secrets attorney to get started.