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We Wrote the Book on Trade Secret Management

Trade Secret Asset Management 2016:
A Guide To Information Asset Management Including The Defend Trade Secrets Act Of 2016

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"Trade Secret Asset Management 2016" is intended to serve company employees, owners, and attorneys as a quick course in the essential issues surrounding the identification and management of trade secret intellectual property, yet it is comprehensive enough to provide the reader with a working understanding of the nature of proprietary trade secret information and its proper stewardship. It is intended for and accessible by both attorney and non-attorney readers who need an understanding of trade secret matters for the performance of their roles within the company. This book will give the reader the vocabulary and conceptual framework required to meaningfully discuss trade secret matters with counsel.

Book Jacket

"Trade Secret Asset Management 2016" is divided into four main sections. The first section, comprising Chapters 1 through 4, defines trade secret information, discusses the manner in which trade secrets are defended in court, and considers at some length the various ways in which trade secret property rights in information can be lost.

Chapters 5 through 11 discuss the all-important security issues surrounding trade secret information in considerable detail, including securing proprietary information against both insider and outsider threats, establishing a trade secret culture, monitoring for trade secret information in the public domain, and the often ignored issue of inbound security. Also included in this section are suspect profiles of trade secret misappropriators, both domestic and foreign.

Chapters 12 through 14 discuss accounting for trade secrets, a more recent development in the proper stewardship of proprietary information, including the inventory, identification, classification, valuation, and reporting of trade secrets, as well as trade secret life-cycle management.

The final section considers the future of trade secret asset management. Chapter 15 discusses the Defend Trade Secrets Act of 2016, expected to be signed into law in early 2016, including the drivers for its passage, the terms of the Act, and our view on its implications for trade secret management into the future. Chapter 16 discusses automated trade secret asset management, its methods, benefits, and implications for the future.

The Appendices include various materials supportive of the text, including the texts of relevant laws and illustrative court decisions in trade secrets cases. Of special interest to many readers will be an extensive trade secret checklist for a typical manufacturing company and a sample trade secret exit interview form.