secrets

REMEMBER TO KEEP YOUR TRADE SECRETS "SECRET."

Most companies have trade secrets.  These may include customer lists, strategic information related to product marketing, a formula or methodology used in making a product, and business methods that improve efficiency or reduce costs, among other items.  Often such trade secrets are critical to a company’s ability to compete and succeed.  Unlike with patents, where owners must disclose the details of their inventions to receive patent rights, the owners of trade secrets risk losing legal protection if they do not keep details secret.