Employee Mobility And The Protection Of Trade Secrets | The Metropolitan
Corporate Counsel

*Editor: Intellectual property is one of a company’s most valuable assets.
Why are trade secrets particularly at risk when an employee leaves a
company?*

*Steiner:* So much of a company’s value comes not from its physical plant,
equipment or any other so-called bricks and mortar that make up its
operations, but rather from its know-how. Depending on the circumstances,
this may include product formulations, unique methods and processes for
running its business, the compilation of customer data, the confidential
terms under which it does business with vendors, and other information that
is not generally available to competitors or the public.

The ability of an employee to take this data is often a mouse click away. A
pocket-sized thumb drive can store millions of pages of information and can
easily walk out the door on the employee’s last day. Sometimes employees
may even believe – or claim – that the data is theirs because they worked
on developing the information at the company.


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Source:
http://www.metrocorpcounsel.com/articles/30446/employee-mobility-and-protection-trade-secrets
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