Trade Secret Litigation & Breach of Confidentiality Lawyer
Business owners often ask if they have been a victim of trade secret theft, however, it is difficult to answer. This is because intellectual property (IP) theft is difficult to detect and can easily lead to losing market share and even revenue. Since these types of events are becoming more common and impacting their finances, business owners are opting for alternative measures to protect their IP.
If you are someone who is facing the challenge of trade secret theft and wishes to adopt efficient and cost-effective measures, then you don’t have to look far. At Drishti Law, we have an extensive history of representing both plaintiffs and defendants in high-value trade secret disputes.
Our principal IP attorney at the firm has acquired experience that includes trade secret misappropriation, licensing disputes, non-compete and confidentiality agreements, employee defections, and industrial espionage. Our IP attorney has pleaded the trade secret cases in state and federal courts, before the International Trade Commission, and also in the domestic and international arbitral forums.
We at Drishti Law understand that there are many differences in the trade secret laws of different states. Therefore, we approach the cases accordingly. Whether the case involves smaller and quicker matters like temporary restraining orders or a slow-paced lawsuit, we know how to handle them without compromising our clients’ confidential information.
In addition to trade secret litigation, we assist companies, either large enterprises or SMEs, in devising plans and strategies aimed at protecting confidential information. And in the event that there is a misappropriation or breach, we help them identify those violations.
At our law firm, we understand the importance of innovation for a business and how this proprietary information has to be safeguarded vigilantly in the form of trade secrets. Our IP attorney also has resources that he employs for proprietary analytic services to detect trade secret theft by former employees, contractors, or other insiders.
Trade Secret Laws
Trade secrets are a business’s most treasured possessions, and therefore, keeping a trade secret attorney who is thoroughly familiar with and considerably experienced in both state and federal intellectual property legislation can be beneficial for your business.
Our IP attorney at Drishti Law can help your business continue to stay at the top by maintaining the competitive edge against its competitors. Federal regulations like the Economic Espionage Act and the Defend Trade Secrets Act (DTSA) provide solid support for trade owners against theft of trade secrets. Both state and federal law extend trade secret protection to general commercial, financial, and technical information, including:
- client lists
- marketing strategies
- price and discount structures
- production methods
- chemical formulas
- computer program source code
Our IP lawyer ensures that your trade secret is being protected from every aspect, and at the same time, you or your business is not being looped into any trade secret dispute.
Protection against Misappropriation of Trade Secrets
Trade secret violation is widely known as trade secret misappropriation. Under the Texas Uniform Trade Secrets Act (TUTSA), which was inspired by the federal UTSA, misappropriation of trade secrets is defined as the acquisition, disclosure, and use of trade secrets without authorization of the owner. Improper acquisition may include:
- Theft
- Bribery
- Misrepresentation
- Espionage via electronic or other means
- Breach of a legal duty
Trade Secret Litigation
Ever since the Defend Trade Secrets Act of 2016, attorneys are now able to utilize robust remedies in going after trade secret litigation. That being said, it is still worth noting that there is no official procedure to register this kind of confidential business information, like for instance, there is for patents.
The only safeguard for protecting your company’s confidential information is through non-disclosure, confidentiality agreements, and other reasonable means.
To reduce the likelihood of having to resort to litigation, our intellectual property attorney reviews all of your agreements, whether it’s with the employee, contractor, supplier, investor, or partner, and helps you create other innovative ways to prevent the breach of contracts.
Adopting such protective measures would not only prevent your trade secrets from being stolen, but it would also enable grounds for enforcing your rights in case an infringement takes place.
Having said that, despite the measures taken, there will unfortunately always be a chance that your competitors will misappropriate your trade secrets in order to exploit your business.
Being an owner of a trade secret, the law allows you to file misappropriation of the trade secrets claims, and you may be able to seek compensation for lost profits, monetary damages, statutory damages, injunction, and even the ancillary expenses such as the attorney’s fees.
Our Areas of Trade Secret Protection
We represent and defend trade secret, misappropriation, and other confidential information cases across various industries, including:
- Consumer Electronics
- Food and Beverage
- Health Care
- Health and Life Sciences
- Hospitality
- Manufacturing
- Medical Device
- Software and Distributed Networks
- Professional Services
Services of Our Trade Secret Attorney
Our trade secret attorney has experience in enforcing and defending claims of trade secret misappropriation and theft, and breach of confidential information.
Our IP attorney also has experience employing measures for effective trade secret protection, which include:
- Surveying and identifying trade secret holdings and design programs to achieve the required level of secrecy, including any physical measures necessary for the protection of trade secrets.
- Advising clients on industry-specific approaches to avoid breach of confidentiality and other trade secret disputes.
- Helping inventors, SMEs, and other innovators in reducing risks associated with trade secret claims.
- Drafting and negotiating confidentiality agreements with employees, partners, suppliers, and customers for the identification and preservation of clients’ proprietary information.
Avail the Services of our Trade Secret Attorney now!
At Drishti Law, we assure you of quality, efficiency, and strategy. You have put significant effort into building your business, so it’s only fair to acquire maximum intellectual property protection for it. Therefore, we offer legal services catered to your needs and customizable to your demands.
If you have questions about intellectual property litigation, reach out to Drishti Law at 773-234-1139 for a free consultation. Our experienced IP attorney is here to guide you through the process and resolve all your queries, helping to ensure that your trade secrets receive the protection they deserve under state and federal laws.