Employment law attorney – Discusses trade secrets
Dallas employment lawyer – Keith Clouse
Dallas, Texas (EIN Presswire – CaymanMama.com) — Intellectual property is not widely understood in the business world unless one has a very good attorney or a broad knowledge of such legal jargon.
In most cases, a non-compete or non-solicitation agreement is required upon being hired in order to safeguard the employer’s “trade secrets.” However, the majority of people don’t understand what a trade secret is or why it’s important to protect.
According to Wikipedia, a trade secret is “a formula, practice, process, design, instrument, pattern, or compilation of information which is not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers.”
To determine a specific case matter constitutes a trade secret, a court will look at the following factors:
(1) the extent to which the information is known outside of the business;
(2) the extent to which the information is known by employees and others involved in the business;
(3) the extent of the measures taken to guard the secrecy of the information;
(4) the value of the information to the holder and to the competitors;
(5) the amount of effort or money expended in developing the information; and
(6) the ease or difficulty with which the information could be properly acquired or duplicated by others.
Texas courts grant trade secret safeguards for various types of intellectual property and proprietary information, including business processes, customer records, computer programs, product designs, manufacturing details, marketing tactics, pricing modules, vendor lists, and technical information.
If you have a matter you wish to discuss with a knowledgeable trade secret attorney, or for any other type of business-related issue, contact the Dallas employment lawyers (http://dallasemploymentlawyer.cdklawyers.com) at Clouse Dunn Khoshbin LLP at http://www.cdklawyers.com.
Press Release Contact Information:
KEITH A. CLOUSE – Dallas business litigation attorney
Clouse Dunn Khoshbin LLP
214.220.3833 ( fax)