Trade secrets are of great and increasing importance to the U.S. economy, representing the vast majority of U.S. intellectual property. Corporations spend billions of dollars to protect their trade secrets, but with data breaches on the rise, the scenario of the ever-increasing threats to trade secret protection is bleaker than ever. Because of this, trade secret litigation is increasing at a phenomenal rate. As a result of the ever-increasing number of trade secret lawsuits, litigants have paid and juries have awarded hundreds of millions--even billions--of dollars.
This book is intended to help business executives and in-house counsel take control of and protect what may be their business's most valuable asset--its trade secrets. In addition to a broader, more academic look at trade secret law, the book also draws on current, real-life examples of trade secret nightmares and the litigation experience of its primary authors to provide practical advice to the business owner, small legal department or firm, and solo practitioner.