Victorious litigator offers succinct tips on protecting trade secrets

Earlier this month DuPont won a $919.9M verdict against Kolon for willful and malicious misappropriation of trade secrets. Michael Songer from Crowell & Moring LLP, who represented the plaintiff, offered three suggestions to companies wishing to reach a defensible level of trade secret protection:

1. Secure all company computers
2. Limit employee access to sensitive information through technology
3. Clearly communicate and reinforce company expectations with respect to sensitive information

Opting to go the trade secrets route rather than patenting does not mean a company has to give up on IP monetization. Several full-text examples of how organizations add trade secrets to patent licenses or license trade secrets and knowhow alone are found in BVR’s Licensing Trade Secrets.