Trade Secrets: You May Have More Than You Think

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All businesses, large and small, are well-advised to critically assess their intellectual property on an ongoing basis. Patent, trademark or copyright law may not adequately protect valuable business information like strategic plans, customer lists, compiled information, useful techniques and unsuccessful ventures. Yet companies can protect information that contributes to an economic advantage as a trade secret — a recognized form of IP — by actively preventing its disclosure outside the company.

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