{"id":1063,"date":"2018-05-17T13:48:20","date_gmt":"2018-05-17T13:48:20","guid":{"rendered":"https:\/\/www.bfvlaw.com\/protecting-your-companys-competitive-edge\/"},"modified":"2022-11-11T16:59:34","modified_gmt":"2022-11-11T16:59:34","slug":"protecting-your-companys-competitive-edge","status":"publish","type":"post","link":"https:\/\/www.bfvlaw.com\/protecting-your-companys-competitive-edge\/","title":{"rendered":"Protecting your Company’s Competitive Edge"},"content":{"rendered":"
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\"Sedona-Conference\"<\/p>\n

Benjamin Fink Invited to Attend Prestigious Conference<\/b><\/p>\n

By invitation-only, Ben Fink was among approximately 75 thought leaders in trade secrets law to attend the Inaugural Sedona Conference\u00ae<\/sup> on Developing Best Practices for Trade Secret Issues. Ben and the other attendees discussed potential recommended practices for trade secret practitioners and jurists.<\/p>\n

The Sedona Conference brings together the brightest minds in a dialogue-based, think-tank setting with the goal of creating practical solutions and recommendations of immediate benefit to the bench and bar. It is a nonprofit, research and educational institute dedicated to the advanced study of law and policy in the areas of antitrust law, complex litigation and intellectual property rights.<\/p>\n<\/div>\n

UPDATE May 2018<\/strong><\/p>\n

You might not think about non-competes, employee and customer non-solicits or trade secrets and confidential information very often. But we do. They are core to your business and help maintain your competitive edge. And we’re proud to play a key role in shaping this area of the law through our practice and thought leadership.\u00a0<\/em><\/div>\n
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\nAll companies, regardless of size, have sensitive information and valuable customer and employee relationships. There are simple measures that every business owner and manager can take to protect these assets. For that reason, we’ve compiled this update to share with you practical steps you can take to prevent departing employees from competing unfairly or using confidential information or trade secrets. <\/em><\/div>\n


\nWe encourage you to take a few minutes to review this update. We’re proud of this content and believe you will find it to be helpful. In fact, many days a year, you can find us on the road, leading and participating in industry and professional conferences addressing these important topics. This is what we do.<\/em><\/p>\n

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Protect Your Business: Trade Secrets & Confidential Information<\/h2>\n

In the trade secret world, the American Intellectual Property Law Association’s Trade Secret Summit is a premier conference that Benjamin Fink and Neal Weinrich are fortunate to attend and help organize every year. The information shared and thought-provoking conversations with industry peers make this conference an annual highlight for Ben and Neal. A few conference insights and take-aways on this subject include:<\/p>\n

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  1. Implement appropriate measures to protect company trade secrets<\/strong>. There are lots of steps companies can take to protect information that is valuable to their business. The following motto is a simple way to help companies think about how to protect their trade secrets: \u201cState it, Stamp it, Secure it, Shred it, Sign it, Supplement it, and Substantiate it.\u201d A knowledgeable legal advisor will counsel his or her clients to take these proactive measures.<\/li>\n
  2. Create a formal<\/strong> trade secret protection plan<\/strong>. This can be more complicated than it seems. For that reason, you should involve in-house counsel, business decision-makers and outside counsel in the process.<\/li>\n
  3. Lastly, carefully consider where you store your company’s confidential information and trade secrets<\/strong>. A recent BFV blog post, “Be Wary of Storing your Trade Secrets in the Cloud,<\/a>”\u00a0highlights an important consideration relating to where you store proprietary information.<\/li>\n<\/ol>\n
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    Where You’ve Seen Our Team:<\/b><\/p>\n