Your business’s trade secrets are key components of your company’s success and profitability. Trade Secrets are unique assets that hold intrinsic value and competitive advantage. Therefore, it’s necessary to safeguard them at all costs to avoid potential breaches by competitors, employees or hackers. Hiring a lawyer is one of the best ways to protect your business’s trade secrets and confidential …
Protecting Your Business’ Trade Secrets
Trade secrets are perhaps the most valuable assets any company can have. They give businesses an edge over competitors, keep customers loyal, and help maintain a company’s brand or reputation. Trade secrets are a combination of confidential information, including processes, formulas, designs, and methods that give companies a competitive advantage. Furthermore, it is essential to protect these trade secrets to …
Are Non-Compete Agreements Enforceable in New Mexico
The quick answer is “yes,” provided they are “reasonable” and provided they do not restrict certain professions that are statutorily protected. It can be difficult for a business to gain a competitive advantage over their competition. Many successful companies rely on trade secrets to create a product or service that is better for consumers than a competitor’s, but if an …
Trade Secrets – What intellectual property qualifies and how to protect them
The phrase “trade secret” conjures something that might very well be at the center of a plot in the latest John Grisham novel. And while trade secrets should indeed be carefully guarded, the true definition of a trade secret is much more black and white. The term trade secret can be used generally when referencing a variety of intellectual property. …