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Trade secrets are a form of intellectual property that business owners should not underestimate. Lansing trade secret attorneys Revision Legal have experience protecting business information and former employees from trade secret issues.
Unlike trademarks, copyrights, or patents, trade secrets are primarily protected by state law. Michigan has adopted the Michigan Uniform Trade Secrets Act. This legislation provides an avenue for Lansing business to prevent or stop the disclosure or use of protectable trade secret information.
Not all information in your business is a protectable trade secret. In fact, even information that is considered confidential may not rise to the level of a trade secret.
Michigan law, at MCL 445. 1902(d), defines a trade secret. In short, a trade secret is information, in the form of a pattern, compilation, method, or program, among other forms, that derives monetary value from its secrecy. Trade secret litigation typically involves a fact-intensive analysis to determine whether the information is protected.
For a more detailed analysis of whether customer lists, vendor lists, or information learned on the job constitute a trade secret, read our post on the details here.
Our attorneys have experience handing misappropriation of trade secret claims. When the secrets that your business depends on are at risk, you should consult with an attorney as soon as possible.
Contact our trade secret attorneys today for an evaluation of your case by completing the contact form on this page or by calling the number above.
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