Category Archives: Trade Secret Audit

Subscribe to Trade Secret Audit RSS Feed

A Trade Secret Reminder — Take “Reasonable Steps”

The Center for Responsible Enterprise and Trade (CREATe.org) just released a new White Paper, “Reasonable Steps” To Protect Trade Secrets: Leading Practices in an Evolving Legal Landscape. It’s a must read for companies grappling with how best to protect and manage their trade secrets. We have discussed a previous CREATe report that discussed the devastating economic effect that … Continue Reading

Thinking Beyond The NDA

Non-Disclosure Agreements are now staples for start-ups seeking funding from third-party investors. But entrepreneurs shouldn’t rely solely on NDAs to protect their nascent trade secrets. You must think beyond the agreement—especially in tech industries where competitive advantages go stale quickly. Two recent blog posts highlight helpful strategies for tech entrepreneurs to begin this process, though in … Continue Reading

Trade Secret Theft Accounts For 1-3% of US GDP—Trade Secret Audits A Must

PricewaterhouseCoopers LLP (PwC) and the Center for Responsible Enterprise and Trade (CREATe.org) collaborated to access the economic impact of trade secret theft. Their recently published Report estimates that trade secret theft accounts for nearly 1-3% of the US GDP. This impact highlights that companies should focus on tightening internal safeguards to protect trade secrets information. The Report offers a … Continue Reading
LexBlog