Further Information on Trade Secrets
A recent law review article purports to be the first statistical analysis of trade-secret litigation in federal court. See David S. Almeling et al., “A Statistical Analysis of Trade Secret Litigation in Federal Courts,” Gonzaga Law Review, Vol. 45:2, p. 291-334. The article is worth reading because it includes some interesting empirical information about trade-secret information.
The authors of the article reviewed judicial opinions for nearly 400 cases that were decided between the years of 1950-2008. Some of the key findings include: (1) trade-secret misappropriation cases have been growing exponentially over that time period; (2) the person or persons accused of misappropriation was either a co-owner or an employee of the party who asserts the trade-secret misappropriation claim; and (3) the party who was accused of misappropriation and who moved for summary judgment usually prevailed in over 50% of such motions. The last finding was surprising because a party moving for summary judgment has a significant burden to overcome.
Finally, the article suggests that confidentiality agreements may play a significant role in proving that a trade-secret owner has taken reasonable measures to protect its trade secrets. Such agreements can include confidentiality agreements between the trade-secret owner and its business partners, employees or third parties. Accordingly, a prospective trade-secret owner should expend effort in making sure that adequate agreements are in place to protect such secrets.
The authors of the article reviewed judicial opinions for nearly 400 cases that were decided between the years of 1950-2008. Some of the key findings include: (1) trade-secret misappropriation cases have been growing exponentially over that time period; (2) the person or persons accused of misappropriation was either a co-owner or an employee of the party who asserts the trade-secret misappropriation claim; and (3) the party who was accused of misappropriation and who moved for summary judgment usually prevailed in over 50% of such motions. The last finding was surprising because a party moving for summary judgment has a significant burden to overcome.
Finally, the article suggests that confidentiality agreements may play a significant role in proving that a trade-secret owner has taken reasonable measures to protect its trade secrets. Such agreements can include confidentiality agreements between the trade-secret owner and its business partners, employees or third parties. Accordingly, a prospective trade-secret owner should expend effort in making sure that adequate agreements are in place to protect such secrets.
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