Join Robert Milligan—Seyfarth Shaw partner and co-chair of the firm’s Trade Secrets, Computer Fraud & Non-Competes Practice Group—at an upcoming CLE webinar on February 9, 2017.
Auditing Employers’ Trade Secret Protection Protocols After the Defend Trade Secrets Act of 2016
This CLE webinar will provide guidance to employment counsel for helping employers assess and protect corporate trade secrets through a robust trade secret audit. The panel will discuss the importance of evaluating the effectiveness of trade secret protection protocols in the wake of the Defend Trade Secrets Act of 2016.
The DTSA provides a powerful new weapon for employers seeking to protect their trade secrets by authorizing the imposition of monetary damages, injunctive relief and civil seizure orders against employees that misappropriate trade secrets. To gain the full benefit of the DTSA, as well as proactively combat employee trade secret misappropriation, it is imperative that employers routinely audit their trade secret protection protocols.
An effective trade secret audit involves inventorying all trade secret assets, evaluating the adequacy of existing trade secret protection protocols, and developing or updating policies, procedures and agreements to ensure that safeguards are in place to effectively protect trade secrets in internal operations as well as contracts with employees and third parties.
The panel will also review:
- What corporate information constitutes potential trade secret assets?
- What considerations should employers take into account when evaluating whether their trade secret protection protocols are sufficient to safeguard against trade secret misappropriation?
- What proactive measures can employers put in place to protect against employee misappropriation of trade secrets?