Protecting Trade Secrets in Albuquerque, NM

Expertise in your area of business was not acquired overnight. You have put time and effort into crafting your unique knowledge and skill set to ensure your business has an advantage over others in your field. When you want to protect the knowledge you have acquired over time, our Albuquerque law firm will be there to ensure your rights are being safeguarded.

notebook with padlock protecting trade secretsWhat is a trade secret?

A trade secret is information that is generally not known to the public or competitors, has a benefit to the person with the information and has been reasonably protected. Some possibilities of intellectual property that may be considered trade secrets include:

  • Formulas
  • Recipes
  • Designs
  • Patterns
  • Information
  • Manufacturing processes
  • Commercial secrets

If these secrets are not protected by any type of agreement or contract, you run the risk of losing your competitive advantage. The loss of competitive advantage could mean a severe drop in sales for your business.

When to Hire an Experienced Business Lawyer

The earlier you hire an experienced lawyer to protect your trade secrets, the less opportunity they have to be disclosed to someone. Alternatively, when appropriate, our business lawyers can draw up non-disclosure or confidentiality agreements that legally bind employees to keep information secret. If a contract is violated, our Albuquerque business lawyers can take the other party to court to sue for damages. Protect your competitive advantage by contacting us today.

Positive Case Outcome:

BLSW defended the owner of a grant writing and consulting business based in Missouri when she was sued in federal court by a New Mexico corporation for claims including breach of contract and misappropriation of trade secrets. BLSW responded to these claims and filed counterclaims on behalf of its client and was able to resolve settle the matter out of court before trial.

Call 505-848-8581 today to schedule your free trade secret protection consultation with an experienced New Mexico business lawyer.

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