Are you European and think the US Defend Trade Secrets Act doesn’t apply to your company? Guess Again. Here’s why.
Companies must track their trade secret metadata. Yes, trade secrets are not registered, which makes it all the more important to track the metadata. Yes, trade secrets are secrets, and not keeping track of a secret is a great way to lose it.
Trade secret asset management requires skill and professional expertise, the kind of expertise that is used to protect other intellectual property assets.
So, what exactly is a trade secret, and why do I hear that they are growing in importance? We’ll explain.
Hazel’s survey reveals that only 9 out of 100 law firms surveyed across the globe mention “trade secrets” on their websites as a firm practice area. Hazel is certain this missed opportunity is about to undergo a major correction.