Yesterday, President Obama signed into effect a major development in trade secrets law for American companies – the Defend Trade Secrets Act (DTSA). If you are an employer or business owner, this new law cannot be ignored. Described as the “most significant expansion” of federal IP law in 70 years, this law benefits all businesses. It will help companies of all sizes protect their innovations and intellectual property as trade secrets under a uniform federal system (Click here to watch, “What is a Trade Secret?”).
So, what does the passage of the DTSA mean for your business? For starters, employers must do their part. Below are three tips that can allow every employer to protect their business using the DTSA:
As always, let us know if we can help or if you have any questions about the federal law’s impact on your business.
Shareholders, Berman Fink Van Horn P.C.
Business alerts, | May 12, 2016