| Search thousands of professionally drafted legal documents |
|
|
|
Why is a trade secret audit important?
In court, the trade secret holder needs to prove it used reasonable measures under the circumstances to protect its information. The trade secret holder stands in a strong position if they consulted with counsel about protection of its information. Is it reasonable to instruct oneself on the law when counsel is readily available?
The trade secret holder's position is greatly enhanced if they have a recent review by counsel, stating that the measures are reasonable under the circumstances. That is, it is unreasonable to require the company to second guess a legal opinion absent a showing that the trade secret holder knew the legal opinion should not be trusted. Such an exception is very difficult to show, making the opinion very powerful evidence.
Updated: 11/12/99
Our Affiliate program offers selected sites the ability to offer various legal forms for sale and to earn a 25% commission on all form sales.
Join our affiliate program. Registration only takes a few minutes and is free. |
CAUTION! Please remember that no information found at this site can replace a face to face meeting or telephone consultation with a "real live" attorney about your particular case, problem or question. The information you find here or in the answers should just be a starting point in finding your answers. |
|
