Trade secrets should be considered as part of any intellectual property portfolio. There are some devices and processes that you never want known or do not feel like you will achieve a significant enough amount of intellectual property protection from patents, trademarks or copyrights.
Trade secrets have the benefit of potentially infinite life (take the formula for Coca-Cola as an example), but has the drawbacks of being misappropriated or being developed independently by third parties. Often, information such as business and processing know-how and specific computer code are difficult to protect through other categories of intellectual property, and trade secret protection may be the best way to proceed.
Stein IP has the expertise and skills to guide you through the analysis of the right intellectual property strategies for you and your business, draft non-disclosure agreements when appropriate, review in-house procedures and manuals for maintaining trade secrets.learn more