{"id":759,"date":"2015-11-13T20:52:34","date_gmt":"2015-11-13T20:52:34","guid":{"rendered":"https:\/\/www.bfvlaw.com\/10-things-for-companies-employees-to-know-about-trade-secrets-part-2\/"},"modified":"2015-11-13T20:52:34","modified_gmt":"2015-11-13T20:52:34","slug":"10-things-for-companies-employees-to-know-about-trade-secrets-part-2","status":"publish","type":"post","link":"https:\/\/www.bfvlaw.com\/10-things-for-companies-employees-to-know-about-trade-secrets-part-2\/","title":{"rendered":"Greetings From The Trade Secret Summit – Part 2"},"content":{"rendered":"

Some more interesting nuggets and thoughts from the Trade Secret Summit:\n<\/p>\n

 <\/p>\n

    \n
  1. The first known non-compete was from 1414.\u00a0 An apprentice learning clothes-dying was subject to a non-compete.\u00a0 It wasn\u2019t enforced because of the shortage of labor due to the Bubonic Plague.<\/li>\n<\/ol>\n
      \n
    1. Anybody know non-competes are responsible for the Rock-n-Roll Hall of Fame being in Cleveland?\u00a0 The famous DJ, Allen Freed, who is credited with coining the term rock-and-roll, moved from Akron to Cleveland due to his non-compete with the Akron radio station he previously worked for.<\/li>\n<\/ol>\n
        \n
      1. According to MIT Professor Matt Marx, states where the non-compete law inadvertently<\/em> changes are the best states for studying the effect of non-competes on employee mobility.\u00a0 Georgia may qualify as such a state due to the misleading ballot referendum which enabled Georgia\u2019s new restrictive covenant law, as the general public may not be aware that the law changed.<\/li>\n<\/ol>\n
          \n
        1. A great succinct quote on why companies must take measures to protect their trade secrets and confidential information: \u201cCourts will not protect that which a company has failed to protect.\u201d<\/li>\n<\/ol>\n
            \n
          1. Companies should maintain a trade secret \u201cculture\u201d.\u00a0 How?\u00a0 Simple steps: Know and audit your trade secrets.\u00a0 Train employees on trade secret protection.\u00a0 Maintain physical and electronic security.\u00a0 Conduct exit interviews.<\/li>\n<\/ol>\n
              \n
            1. Employee departures are inevitable\u00a0 Companies should plan accordingly.<\/li>\n<\/ol>\n
                \n
              1. Canada trade secret law is fascinating.\u00a0 Companies can seek an ex parte \u201cAnton Piller\u201d order, where an independent solicitor is appointed to seize information and records from the misappropriator.\u00a0 There is a high burden to get such an order but what a powerful remedy!\u00a0 This remedy bears some general similarities with the ex parte seizure order provision in the proposed federal trade secret legislation.<\/li>\n<\/ol>\n
                  \n
                1. Judges dislike when plaintiffs overreach in seeking injunctive relief in trade secrets cases.\u00a0 For example, a plaintiff that is asking to search all of the new employer\u2019s computers, as opposed to a targeted search of computers that the former employee may have used or accessed, may raise red flags in a judge\u2019s mind.<\/li>\n<\/ol>\n
                    \n
                  1. When analyzing damages in trade secret cases, modeling the length of time that the trade secret will remain a trade secret can be challenging.\u00a0 Hazard rates are a tool economists can use in a damages model.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

                    Some more interesting nuggets and thoughts from the Trade Secret Summit:   The first known non-compete was from 1414.\u00a0 An apprentice learning clothes-dying was subject to a non-compete.\u00a0 It wasn\u2019t enforced because of the shortage of labor due to the Bubonic Plague. Anybody know non-competes are responsible for the Rock-n-Roll Hall of Fame being in […]<\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_mo_disable_npp":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4,9],"tags":[138,29],"acf":[],"yoast_head":"\nGreetings From The Trade Secret Summit - Part 2<\/title>\n<meta name=\"description\" content=\"Some more interesting nuggets and thoughts from the Trade Secret Summit.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bfvlaw.com\/10-things-for-companies-employees-to-know-about-trade-secrets-part-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Greetings From The Trade Secret Summit - 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