In an article for Thomson Reuters’ Westlaw Today, Partners Ian DiBernardo and Jason Sobel and Associate Marcus Strong examine a recent lawsuit brought by Pfizer Inc. against a soon-to-be former employee for misappropriation of trade secrets.
The April 8 article, entitled “Trade secret protection in corporations: best practices,” explains how that dispute shows the importance of preventing the theft of trade secrets, ad provides advice on how companies can keep information confidential.
“Trade secrets are becoming increasingly valuable and integral to maintaining a company's success, but companies are often unaware of the legal, administrative, and technical tools they can use to protect this information,” they wrote. “This knowledge gap is especially pronounced in the context of employee departures and moves to competitors. While a common occurrence in most industries, an employee's departure can put a former employer's trade secrets — and competitive advantage — at the most risk.”
Read the full article here.