Wednesday, February 14, 2007

Trade secrets - a cautionary tale

I found the following article somewhat by accident as it happens when searching on the Internet. Seeing the headline, I knew the tale without looking. I looked all the same. I offer it here for anyone who has a business and wonders what the fuss is about trade secrets.

Sometimes I think I bemuse my business clients when I start talking about trade secrets. There are two categories of client reactions to my trade secret questions. The first category does not always see the trade secrets. The other category see trade secrets but think they have no worries about protecting them. They see more pressing legal matters need discussing where I see threats to the core business. I keep telling them that a successful trade secrets case is about what we did long before the case gets to court.

I suggest you read this article written by a businessman and not an overly protective lawyer. By not consulting with an attorney on how to protect his trade secrets (and remember that trade secrets make the business), he almost lost his business.

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